The 100 NRIs – 2026: Nilesh Ved, Chairman, AppCorp Holding and Owner, Apparel Group
Nilesh Ved
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This article forms part of The 100 NRIs, a special edition by Entrepreneur Middle East spotlighting the most influential non-resident Indians shaping business, innovation, and investment across the region.
Nilesh Ved is a visionary leader transforming the global retail landscape with bold innovation and unwavering ambition. As Chairman of AppCorp Holding and owner of Apparel Group, he has built a multi-billion-dollar empire spanning over 14 countries, redefining what’s possible in international commerce. His strategic foresight has propelled Apparel Group to operate over 2,500 stores worldwide, housing a diverse portfolio of iconic brands and pioneering retail concepts that set industry standards.
Under his leadership, AppCorp Holding has launched groundbreaking initiatives such as the Club Apparel loyalty programme, the 6thStreet.com e-commerce platform, and the GCC region’s first phygital store, blending physical and digital retail seamlessly. His vision has expanded the conglomerate into sectors including logistics, design, food and beverage, real estate, healthcare, and fitness, turning AppCorp into a true multi-sector powerhouse.
Ved’s commitment to social responsibility and community upliftment underscores his reputation as a forward-thinking leader. His focus on sustainability and corporate philanthropy has earned widespread recognition, cementing his status as an industry trailblazer.
Apparel Group remains at the forefront of retail innovation, representing a diverse array of brands such as Tommy Hilfiger, Calvin Klein, SKECHERS, Levi’s, Birkenstock, and TOMS. Beyond physical stores, the company’s digital platforms—including NYSAA, Dune London, ALDO, and Rituals— enhance its global reach, catering to modern shopping preferences.
Ved’s notable achievement lies in his foresight in recognising the growth potential of the Indian market. He founded Major Brands in 2001, establishing the foundation for Apparel Group India Pvt. Ltd., now one of the country’s largest retail organisations. The group operates over 120 stores and manages more than 10 international brands, thereby strengthening AppCorp Global’s leading position in India. Additionally, AppCorp’s investment in Fuel Buddy, India’s largest doorstep diesel delivery service, further consolidates its footprint in the market.
Related: Entrepreneur Middle East Reveals “The 100 NRIs” List
This article forms part of The 100 NRIs, a special edition by Entrepreneur Middle East spotlighting the most influential non-resident Indians shaping business, innovation, and investment across the region.
Nilesh Ved is a visionary leader transforming the global retail landscape with bold innovation and unwavering ambition. As Chairman of AppCorp Holding and owner of Apparel Group, he has built a multi-billion-dollar empire spanning over 14 countries, redefining what’s possible in international commerce. His strategic foresight has propelled Apparel Group to operate over 2,500 stores worldwide, housing a diverse portfolio of iconic brands and pioneering retail concepts that set industry standards.
Under his leadership, AppCorp Holding has launched groundbreaking initiatives such as the Club Apparel loyalty programme, the 6thStreet.com e-commerce platform, and the GCC region’s first phygital store, blending physical and digital retail seamlessly. His vision has expanded the conglomerate into sectors including logistics, design, food and beverage, real estate, healthcare, and fitness, turning AppCorp into a true multi-sector powerhouse.
