Al Fara'a CEO Gangaramani to receive globally prestigious award

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(Free-Press-Release.com) January 25, 2010 -- UAE businessman, Dr JR Gangaramani, will be bestowed the Padma Shri Award by the President of India, which is probably the fastest growing economy in the world and the major trade partner of the UAE. Two ways non-oil related trade between India and the UAE for 2009 was $44.5 billion, which has nearly doubled in the last two years from $29 billion. The UAE is today the second largest supplier of non oil related imports to India of $20.8 billion compared to the being the fourth largest importer in 2008.

The Padma Shri Award will be bestowed on Dr JR Gangaramani for his social responsibility that underpins his remarkable business achievements which have been marked by an exceptional journey of three decades. Dr Gangaramani’s journey which began in 1980 when he founded the Al Fara’a Integrated Construction Group, has culminated in a multi-faceted conglomerate of 10 construction related companies that collectively employ 18,000 people.

Last year in January, Dr Gangaramani was bestowed the Pravasi Bharatiya Samman Award, which is reserved for notable persons of Indian Origin outside of India, by the President of India in Chennai. The prestigious Padma Shri Award, which was first conferred in 1954, is a civilian award for any Indian person to honour outstanding contribution or achievement in their chosen fields. Categories are not limited and include Business Excellence, Public Life and Social Service. Nominations are carried out by the State Government, Union Territory administrations, Ministries and other governmental bodies.
Dr Gangaramani is the fifth UAE Resident in 56 years to and the sixth person in the GCC overall to be awarded the Padma Shri. Visibly humbled by the appreciation of his achievements in the realm of entrepreneurial success, his pivotal role in strengthening Indo-UAE ties and his immeasurable efforts at caring for the communities in which he operates, Dr Gangaramani thanked the Rulers of the UAE for their economic wisdom in creating an environment conducive to realising one’s dreams and further reiterated his commitment to serving the people of the UAE.