The 100 NRIs – 2026: Tony Jashanmal, Group President, Jashanmal Group
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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.
Group President of Jashanmal Group, Tony Jashanmal was born in Kuwait in 1947. He completed his secondary education in India, attended high school in Villars, Switzerland, and obtained a Master’s degree in Economics (Diplom Volkswirt) from Hamburg University, Germany.
In 1971, he joined the Jashanmal Group, where he currently serves on the Executive Board. The Group has a longstanding history dating back to 1919 and operates retail and wholesale businesses across the Arabian Gulf and India. Throughout his career, Jashanmal has led diversification initiatives into sectors including print media, men’s accessories, tobacco, and fashion. He also played a key role in the reconstruction of Kuwait operations following the Gulf War and facilitated the Group’s expansion into India through strategic joint ventures.
Founded by Rao Sahib Jashanmal in Basra, Iraq, the family enterprise has grown substantially over the decades, establishing a significant presence in key markets across the Gulf and India. The company remains committed to delivering quality products at competitive prices, underpinned by a reputation for exceptional customer service and enduring relationships.
Jashanmal’s innovative approach has positioned the company at the forefront of the region’s retail industry, ensuring its continued competitiveness in a rapidly evolving market. Recognising the growing significance of technology, he has championed the adoption of e-commerce platforms and digital marketing strategies, effectively integrating traditional retailing with contemporary consumer trends.
Beyond his business accomplishments, Jashanmal is deeply committed to philanthropy and community development. The Jashanmal family has been actively involved in charitable initiatives, with a focus on education, healthcare, and social welfare, reflecting the group’s dedication to giving back to the communities it serves.
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.
Group President of Jashanmal Group, Tony Jashanmal was born in Kuwait in 1947. He completed his secondary education in India, attended high school in Villars, Switzerland, and obtained a Master’s degree in Economics (Diplom Volkswirt) from Hamburg University, Germany.
In 1971, he joined the Jashanmal Group, where he currently serves on the Executive Board. The Group has a longstanding history dating back to 1919 and operates retail and wholesale businesses across the Arabian Gulf and India. Throughout his career, Jashanmal has led diversification initiatives into sectors including print media, men’s accessories, tobacco, and fashion. He also played a key role in the reconstruction of Kuwait operations following the Gulf War and facilitated the Group’s expansion into India through strategic joint ventures.