Nawab Shaji Ul Mulk stands out as one of the most influential Indian-origin entrepreneurs in the Gulf Cooperation Council (GCC) region. As the founder and chairman of Mulk Holdings, his journey from his aristocratic roots in Kurnool, India, to leading a global conglomerate embodies a story of vision, resilience, and innovation.
Building Mulk Holdings from the Ground Up
Established in 1982 in Sharjah, Mulk Holdings began as a small enterprise. Under Shaji Ul Mulk’s strategic leadership, the company expanded rapidly, diversifying into key sectors such as manufacturing, healthcare, real estate, and energy. One of the company’s flagship achievements is the creation of Alubond USA, the world’s largest metal composite brand, which has significantly transformed the building facade industry. Even when faced with challenges — such as the 2015 fire incident at The Address Downtown Dubai — Mulk Holdings responded by developing fire-resistant panels, showcasing their commitment to innovation and safety.
Expanding Global Footprint and Strategic Growth
Today, Mulk Holdings operates in more than 11 countries spanning the Middle East, Europe, the United States, and India, employing over 7,000 people worldwide. Recent projects include the launch of a $50 million facility in Sharjah for manufacturing A2 fire-resistant panels and a $20 million plant in Serbia. Additionally, the acquisition of a 50% stake in Mumbai-based Mirage Ceramics marks the company’s dedication to supporting India’s manufacturing sector. These strategic moves highlight Shaji Ul Mulk’s ambition to build a truly global business with deep regional roots.
Championing Sustainability and Innovation
Beyond business growth, Shaji Ul Mulk is a strong advocate for sustainability. Mulk Holdings aligns itself with India’s “Make in India” campaign, promoting local manufacturing and reducing dependency on imports. Their investments extend into renewable energy, with projects focused on solar power generation and environmentally friendly manufacturing techniques. This emphasis on eco-conscious business practices reflects a forward-thinking approach to corporate responsibility.
Community Engagement and Sporting Passion
Outside of his corporate endeavors, Shaji Ul Mulk is deeply involved in community initiatives, especially sports. He is the only Indian member of the Emirates Cricket Board, supporting the development of cricket in the UAE. His passion for the game and commitment to social causes demonstrate a well-rounded leader who values giving back to society.
Looking Ahead: A Legacy of Leadership
From his noble lineage to becoming one of the most powerful Indians in the GCC, Shaji Ul Mulk’s story is one of dedication, innovation, and impact. As Mulk Holdings continues to grow and diversify, his leadership remains an inspiration to entrepreneurs and business leaders across the globe, illustrating the significant role Indian-origin professionals play in shaping the economic future of the Middle East.
