V. G. Panneerdas

V. G. Panneerdas
Born
Azhagappapuram Valliyur, Thirunelveli District, Tamil Nadu, India
OccupationFounder of VGP Group of Companies
SpouseParijatham

V. G. Panneerdas was the founder of VGP Group of Companies.[1] He started as a poor man from a remote village called Azhagappa puram near Valliyur in Tamil Nadu, India in the Tirunelveli District. He moved to Chennai in search of opportunities. In 1955, he opened a shop selling items such as alarm clocks, watches and wall clocks.[2] He was the pioneer in South India to introduce Hire Purchase for everyday goods.[3] He built the VGP company from virtually nothing to its present status as a group of companies including retail, real estate and property development, resorts and amusement parks (including VGP Universal Kingdom),[4] and video and audio studios.

References

  1. ^ "VGP Trade Centre to be opened on April 16". The Hindu Business Line. 1 April 2004.
  2. ^ "Businessmen who shaped Tamil Nadu's economy"
  3. ^ "A myth called Islamic banking". DNA. 21 October 2006.
  4. ^ ""Bringing Disneyland to Chennai"". Archived from the original on 4 April 2013. Retrieved 24 May 2013.


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