Udupi's prominent NRI businessman Hidayathullah Abbas honored with 'Gulf Karnataka Ratna' award
Dubai: Hidayathullah Abbas, a distinguished Non-Resident Indian (NRI) businessman hailing from Uchila, Udupi, was bestowed with the prestigious 'Gulf Karnataka Ratna' award at the Gulf Karnatakotsava event held in Dubai on Sunday, September 10, 2023. The event's Chief Guest, His Highness Sheikh Mohammed Maktoum Juma Al Maktoum, a member of the Royal Family of Dubai and Chairman of MBM Group, graced the occasion.
Hidayathullah Abbas embarked on his entrepreneurial journey in the 1970s, initially engaging in hardware trading. Over time, he diversified into the supply of stainless steel materials and gradually emerged as a market leader in trading, processing, project supplies, manufacturing, and services related to architectural and industrial products in stainless steel and allied metals.
As the founding chairman of the Hidayath Group, he played a pivotal role in its remarkable growth. In just four decades, the group achieved global recognition in the stainless steel industry. His visionary leadership, hard work, unwavering commitment, risk-taking acumen, and dedication were instrumental in propelling the group to success. Hidayathullah Abbas's strategic focus and understanding consistently aligned with the group's objectives. His emphasis on continuous technological advancement, strategic acquisitions, and well-planned expansions into new markets enabled the group to make substantial inroads into the architectural and industrial sectors.
In addition to his remarkable business achievements, Hidayath is also a prominent philanthropist, actively supporting religious, educational, and social institutions. His contributions extend beyond the business realm, reflecting his commitment to the betterment of society.
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India moving towards becoming global economic powerhouse: Kovind
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Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.
He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.
The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.
Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.
"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.
The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.
He proposed that a similar event should also be held in New Delhi.
