A Luminary of the Indian Community
Micky Jagtiani, the visionary founder of the Landmark Group, has sadly passed away. The news was confirmed by the Consulate General of India in Dubai, who expressed profound sorrow over his death. As a luminary of the Indian community, Jagtiani’s lasting legacy in the UAE’s growth and philanthropy will forever be remembered.
From Taxi Driver to Retail Magnate
Jagtiani’s journey to success is truly remarkable. He started his career driving a taxi in London before relocating to Bahrain where he opened a baby products shop in 1973. From these humble beginnings, Jagtiani established the Landmark Group, now a major retail empire headquartered in Dubai and run by his wife, Renuka, who serves as chairman and CEO.
A Retail Empire Across Continents
Landmark Group has grown to operate over 2,200 stores across 24 countries, spanning the Middle East, Africa, Southeast Asia, and the Indian subcontinent. Jagtiani’s three children have also joined the family business, each overseeing different areas of the group.
Landmark Group’s Expansion to India
The Landmark Group entered the Indian market in 1999. Today, it boasts a variety of retail formats, including Lifestyle and Max for clothes and Home Center for furniture and home furnishings, enriching the country’s retail landscape.
News Summary:
- Micky Jagtiani, founder of the Landmark Group, has passed away, mourned by the Indian community in the UAE and beyond.
- Jagtiani began his career as a taxi driver in London, eventually establishing the Landmark Group, which operates over 2,200 stores in 24 countries.
- His wife, Renuka, currently runs the Landmark Group as chairman and CEO, with their three children also involved in different aspects of the business.
- Landmark Group entered India in 1999, offering a variety of retail formats such as Lifestyle, Max, and Home Center.
You should also know his decision against Donald Trump.
In a significant move, the Landmark Group decided to suspend all sales of Trump-branded products in their stores. The decision came as a reaction to anti-Muslim remarks made by Donald Trump during his election campaign.