The Success Story of Hotelier Ravi Ghai
Early Life & Education
Ravi Ghai, alumnus of Cornell University’s School of Hotel Administration, entered India’s commercial enterprise panorama following his commencement. In 1967, he back to Mumbai to inherit and steer his father, I. K. Ghai’s business legacy.
Ravi Ghai contributions to Indian hospitality industry
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Expansion & Entrepreneurship
Taking over a modest employer, Ravi Ghai’s leadership flourished through numerous hallmark projects:
Kwality Ice Cream: Expanded as a celebrated logo across India and the Middle East.
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Natraj Hotel → InterContinental Hotel (Marine Drive): In 1999, he transformed Natraj Hotel into the enduring InterContinental, a landmark on Mumbai’s Marine Drive.
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Baskin-Robbins Franchise: Secured franchise rights across the SAARC vicinity, strengthening the group's footprint in worldwide culinary offerings.
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Graviss Group: A Legacy Redefined
In 2001, the organization became revamped as Graviss Group, imbibing cutting-edge governance and increasing globally. Under Ravi Ghai’s vision:
The Baskin-Robbins franchise became nicely-installed throughout India and South Asia.
Rich’s India rose to come to be a main call in non-dairy icings and toppings.
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Food products and ice lotions from Graviss reached eleven nations across the Middle East, with deliberate expansion into the UK and EU markets.
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Iconic Hospitality Innovations
Ravi Ghai conceptualized a couple of firsts in Mumbai’s hospitality scene:
Mayfair Rooms: Mumbai’s first standalone high-give up ceremonial dinner facility.
Mumbai’s first luxury boutique resort and the world over diagnosed terrace bar, The Dome, added in 2002.
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Expansion into actual property via luxury projects like ‘The Nest’.
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Leadership & Personal Interests
With over 4 many years of experience, Ravi Ghai is a revered determine inside the hospitality domain:
He serves on a couple of boards and corporates.
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Graviss Group’s Financial Landscape
Graviss Food Solutions Pvt Ltd, the institution’s figure entity, suggested ₹624 crore sales for FY 2023–24—marking a 20% growth yr-on-12 months.
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The organization’s marketplace capitalization, notably of Graviss Hospitality Ltd, hovers round ₹three hundred crore, with property just like the InterContinental lodge factoring strongly.
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Estimates of Ravi Ghai’s net really worth vicinity it among ₹800–1,000 crore, solidifying his fame as a powerful commercial enterprise rich person.
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Legal Dispute with Family
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He later accused his son of forgery and misuse of authority—in particular for the duration of his cancer remedy—claiming Gaurav exploited his absence to count on control.
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The Economic Times
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He stated those allegations to the police, however the Marine Drive police declined to record an FIR, deeming it a civil and private dispute.
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Meanwhile, Gaurav approached the Bombay High Court in search of arbitration, pointing to disagreements over proportion control and company governance.
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Public Spotlight: A High-Profile Connection
Ravi Ghai lately attracted public interest as the grandfather of Saaniya Chandhok, who is engaged to Arjun Tendulkar, son of cricket legend Sachin Tendulkar. The union introduced Graviss's legacy into the limelight, as Saaniya is related to the family's hospitality and food empire.
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Snapshot of Ravi Ghai’s Journey
Aspect Details
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Education & Start Cornell Hotel School, took over own family enterprise in 1967
Key Business Ventures Kwality Ice Cream, InterContinental Mumbai, Baskin-Robbins franchise
Corporate Transformation Rebranded as Graviss Group; worldwide growth in meals & hospitality
Innovations First boutique lodge, luxurious bar, banquet facility in Mumbai
Financials ₹624 Cr sales (FY24), ~₹300 Cr market cap, internet worth ₹800–1,000 Cr
Legal Challenges Dispute with son Gaurav over manipulate; arbitration pending
Personal Notability Connection to the Tendulkar circle of relatives thru granddaughter’s engagement
Discuss his vision for the future of Indian tourism and hotels.
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