The Legacy and Future of Khimji Ramdas Group
A Historical Perspective
Founded in 1870 by Ramdas Thackersay and his son, Khimji Ramdas, during a trading expedition from Mandvi, Gujarat, the Khimji Ramdas Group has deep roots in the Port of Oman. Their decision to settle in Oman rather than return to India marked the beginning of a business that has flourished for over 155 years.
Core Values and Cultural Identity
According to Kanan Khimji, the fourth-generation Director of the Group, “The values of integrity, entrepreneurship, and community that are inherent in both Indian and Omani culture have had a profound influence on the ethos of Khimji Ramdas.” This strong cultural alignment has led to a sense of belonging and shared success within the community and the country.
A Multifaceted Business Model
The Khimji Ramdas Group has positioned itself as a cornerstone of Oman’s economy through its diversification across four primary sectors:
- Lifestyle
- Consumer Products
- Projects and Logistics
- Infrastructure
Operating 40 business verticals, 150 retail outlets, and representing 400 global and local brands, the Group’s offerings include international giants like SPAR, Rolex, and Ooredoo, among others.
Commitment to National Development
The Group’s vision is closely aligned with Oman’s Vision 2040, which focuses on the nation’s economic and social development. Kanan Khimji emphasizes, “The journey of Khimji Ramdas is, in many ways, a reflection of Oman’s own growth story.” This commitment manifests through job creation, technological investments, and initiatives aimed at fostering community engagement and sustainability.
Leadership and Heritage
Kanan Khimji brings a wealth of experience from her leadership in the consumer products sector, where she has driven brand partnerships and retail expansion. She states, “Retail expansion decisions are driven by consumer insights, market potential, and brand alignment with our values.” Her approach emphasizes a balance between maintaining tradition and embracing innovation.
Cultural Significance and Future Direction
The Khimji Ramdas Group thrives on a culture rooted in resilience, governed by principles that embrace both heritage and modernization. Kanan articulates that the Group’s future lies in becoming “a more digitally empowered, environmentally responsible, and globally connected business.” By investing in sustainability and talent development, she aims to prepare the organization for the challenges ahead while honoring the legacy built over a century and a half.
Conclusion
The Khimji Ramdas Group’s deep-seated values and commitment to progress ensure its continued relevance in a rapidly evolving marketplace. Under Kanan Khimji’s stewardship, the Group is on a path of sustainable growth that respects its rich heritage while paving the way for future generations.