Dev Raturi, Founder & Brand Ambassador, Amber Palace Indian Restaurant
AS our neighbor, China has always been our largest trading partner and assures a favorable ecosystem to promising entrepreneurs as well as leaders who are determined to make it big. While many of the Indians have been immensely successful worldwide both personally and professionally bringing in both joy and a feeling of pride to the motherland, very few have represented the country in China. Among those few, Dev Raturi (Founder & Brand Ambassador, Amber Palace Indian Restaurant) is one of those rare multi-talented personalities who is not just a famous actor but also a successful entrepreneur owning a chain of 8 restaurants across China.
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Top 10 Indian Leaders in China - 2022
China and India have taken different routes to enter the world economy, and that has resulted in their gaining complementary strengths. Some business leaders have learned to make use of both countries’ resources and capabilities. Therefore, in the process, they have become globally competitive. Multinational companies will only lose if they don’t take advantage of the complementarities between the two economies. If they embrace both countries, however, they can tap into diverse strengths almost as easily as Chinese and Indian companies will.
According to data from the Union Commerce Ministry, China was India’s second largest trading partner in the April-November period, after the US. The UAE, Saudi Arabia, Iraq and Hong Kong were the other top trading partners for India during the period. India’s official statistics on bilateral trade with China are updated only till November 2021. India's exports to China also grew to a record high of $28.1 billion in 2021, up 34.9 percent from $20.9 billion in 2020. Exports to China in 2021 were 56.5 percent higher than in 2019. According to the data, India's total trade with China in 2021 was worth $125.7 billion.
It will come as news to many Indians that several of India’s leading companies have a presence in China. A report in The Hindu of February 6th, 2020, states that ‘Shanghai tops the total investment from India, and is home to IT majors, including TCS, Infosys and NIIT. Zhejiang and Jiangsu are home to manufacturing units, including Dr. Reddy’s Laboratories, Mahindra & Mahindra, Laxmi Machine Works, Tata Jaguar Land Rover and Sundram Fasteners’. New opportunities, beneficial to both countries, will arise for both India and China as the latter rejigs a real estate-led economic model that has powered its spectacular growth over the last three decades and is now failing. This failure is best illustrated by the world’s most indebted real estate company Evergrande tottering towards a collapse under $300 billion of debt. All this makes China’s transition to newer technologies where it leads the world to power its future growth inevitable.
CEO Insights in this issue presents a list of `Top 10 Indian Leaders in China 2022' who have leveraged their extensive industry expertise and experience in the economic development of organizations and growth of state. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and editorial board.
|Company Logo||Company Management||Company Name||Company Description|
|Dev Raturi, Founder & Brand Ambassador||Amber Palace Indian Restaurant||A man of action, passion, willpower, and meticulousness, he is an entrepreneur, actor, and social activist, who owns several popular restaurants all over China and had acted in several Chinese movies and TV series|
|Kailesh Kapadia, Founder||OyeExpress||A profound leader and the founder of the best logistics partner providing the greatest platform for buyers in India to get a door-to-door delivery of their shipment from China|
|Mehdi Batel, Senior Vice President||EAG Laboratories||He is an experienced multi-P&L senior executive in technology-driven and service companies, specialized mainly in instrumentation, metrology, material testing, advanced non-destructive evaluation and microscopy, fracture mechanics, failure analysis and mechanical integrity|
|Naveen Jha, Founder & Managing Director||The Sourcing Place||The Sourcing Place is one of the top emerging companies in Changzhou, Jiangsu province in China and gearing up to cross international borders under the guidance of him|
|Pramod K C, Chief Operations Officer||Aterian||He holds a Bachelor in Engineering with a focus in Applied Electronics Technology from Shanghai University and has previously held various General Manager positions at Passage Maker Solutions, a supply chain management company in Asia|
|Rajiv Sharma , Group Chief Executive||Coats||With over 30 years’ global multi-industry leadership experience, he has good, digital, sustainability and acquisitions track record in developing and executing a growth strategy|
|Sameer Suneja, Global CEO||Perfetti Van Melle||He completed his masters from Indian Institute of Management Bangalore and he is considered as the first non-Italian to head the third largest confectionery group in the world|
|Sushil Purohit, President & Executive Vice President||Wartsila||He has worked as sales support engineer and has since held several key sales and management positions in various geographies in the Energy business|
|Vikram Luthar, Senior Vice President - Chief Financial Officer||ADM||He has served in a variety of senior-level positions and has spent 11 years with General Motors Co., serving in various treasury and corporate finance positions in the US and Asia|
|Vivek Arora, CEO||Kagari||Seasoned entrepreneur with 20+ years experience in the fashion apparel industry with in depth China manufacturing experience for a wide range of products, from watches, jewelry, hand bags, to fashion eyewear|