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{{Short description|Indian businessman}} | |||
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'''V. G. Panneerdas''' was the founder of [[VGP Group of Companies]].<ref>{{cite news|title= VGP Trade Centre to be opened on April 16|url=http://www.thehindubusinessline.com/bline/2004/04/01/stories/2004040101951700.htm|work=The Hindu Business Line|date=1 April 2004}} | '''V. G. Panneerdas''' was the founder of [[VGP Group of Companies]].<ref>{{cite news|title= VGP Trade Centre to be opened on April 16|url=http://www.thehindubusinessline.com/bline/2004/04/01/stories/2004040101951700.htm|work=The Hindu Business Line|date=1 April 2004}}</ref> 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.<ref>[http://www.rediff.com/business/slide-show/slide-show-1-businessmen-who-shaped-chennais-economy/20111209.htm#9 "Businessmen who shaped Tamil Nadu's economy"]</ref> He was the pioneer in South India to introduce Hire Purchase for everyday goods.<ref>{{cite news|title=A myth called Islamic banking|url=http://www.dnaindia.com/report.asp?newsid=1059597|work=DNA|date=21 October 2006}}</ref> 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]]),<ref>{{Cite web |url=http://www.hindu.com/rp/2008/02/24/stories/2008022450210400.htm |title="Bringing Disneyland to Chennai" |access-date=24 May 2013 |archive-date=4 April 2013 |archive-url=https://web.archive.org/web/20130404114539/http://www.hindu.com/rp/2008/02/24/stories/2008022450210400.htm |url-status=dead }}</ref> and video and audio studios. | ||
== References == | == References == | ||
Latest revision as of 04:57, 9 March 2026
V. G. Panneerdas | |
|---|---|
| Born | |
| Occupation | Founder of VGP Group of Companies |
| Spouse(s) | Parijatham |
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[edit | edit source]
- ↑ "VGP Trade Centre to be opened on April 16". The Hindu Business Line. 1 April 2004.
- ↑ "Businessmen who shaped Tamil Nadu's economy"
- ↑ "A myth called Islamic banking". DNA. 21 October 2006.
- ↑ ""Bringing Disneyland to Chennai"". Archived from the original on 4 April 2013. Retrieved 24 May 2013.
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