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How To Turn Shop The Size Of Shipping Container Into $1.8 Bn Multinational | Business Standard News

by business-standard.com posted 2months ago 23 views
The Singapore textiles-to-power group now starting a hedge fund. : Mohan Vaswani’s father, who started selling textiles in 1948 from a shop the size of a shipping container in a small town in Indonesia, once told him “One day you will operate across the world.” Eighty-year-old Vaswani now oversees Tolaram Group, a Singapore-headquartered company with an estimated value of $1.8 billion. Tolaram is building a port in Nigeria, producing paper in Estonia, running a bank in Indonesia and supplying power in India. It has food production and distribution operations across Africa and sells to more than 75 countries.

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