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Vidya ChhabriaOwner of the world's largest corporation Jumbo
Country:
 India |
Content:
- Vidya Chhabria: Leading Jumbo Corp to Global Success
- Overcoming Challenges
- Business Acumen and Growth
- Recognition for International Impact
- Effective Leadership and Corporate Success
Vidya Chhabria: Leading Jumbo Corp to Global Success
Entrepreneur and Corporate GiantVidya Chhabria rose to prominence in the global business world in 2002 when she inherited the helm of Jumbo Corp., India's largest industrial conglomerate, following the untimely demise of her husband, Manu Chhabria. Jumbo Corp. is a regional leader, with its core subsidiary Jumbo Electronics being the largest retailer of consumer electronics, telecom, and IT in the Middle East. The company has long-standing partnerships with Sony, IBM, and Microsoft.
Overcoming Challenges
Recently, Chhabria successfully ended a prolonged legal battle with her mother-in-law, who contested control and a significant stake in Jumbo Corp. The conglomerate, established in 1974 by her late husband, is now the world's largest dealer of Sony products, thanks in part to Chhabria's contributions.
Business Acumen and Growth
Jumbo Corp., valued at $2 billion, encompasses a diverse portfolio of companies in India, including Shaw Wallace, Hindustan, Dorr-Oliver, Mather & Platt, and Gordon Woodroffe, generating $600 million in annual revenue. After her husband's passing, Chhabria demonstrated her tenacity by continuing his legacy and steering Jumbo Corp. toward further expansion in the electronics and IT sectors.
Recognition for International Impact
For several years, Chhabria has been ranked among the "50 Most Powerful Women in International Business" by Fortune magazine. The list recognizes women who do not inherit their wealth or derive income from marketable securities but rather make substantial contributions to their own businesses outside the United States. Fortune evaluates business scale and profit as well as broader impact on global business, culture, and society. While Chhabria once held the 38th position, she recently moved down to 46th.
Effective Leadership and Corporate Success
Under the guidance of Chhabria and her team of managers, Jumbo Corp. continues to thrive and grow. Besides her business endeavors, Chhabria maintains a high public profile through her active involvement in community and humanitarian initiatives.
