Kushal Pal Singh: The man behind “Mall of India”
Post by: Aravind Patrudu on March 15th, 2008 | File Under Indian Entrepreneurs
Kushal Pal Singh was born in 1931, August 15th at Buland Shahar in Uttar Pradesh. He completed his B.Sc in Meerut and went to England to study Aeronautical Engineering. He left his studies abruptly when he secured a job in the Indian Army. He was very scared and felt insecure in the Army. So, he decided to call it quits. Somehow, the colonel came to know about Singh’s intentions and advised him to lead life as a brave man. This was an unforgettable lesson for Mr. Singh and he learned how to live in a disciplined way.
After working for 9 years till 1960, he joined in DLF (Delhi Lands and Finance) established in 1946 by his uncle Chowdhary RaghuVendra Singh, which yielded no profits. So, they worked with American Companies in manufacturing electric motors and Batteries.
After the construction of DLF city in Gurgaon and Krishna Nagar in Delhi, he led his DLF business in 1980. Later with the help of Rajiv Gandhi, he collected 40 acres of useless lands in Gurgaon and started construction of shopping complexes. This made Gurgaon a Marketing Centre. In fact 1 acre of land in Gurgaon costs 16 crores just because of DLF constructions.
Milestones:
- DLF constructed main offices for Sony Erickson (Sweden), for Nestle(Switzerland) and General Electronics(G.E)
- They are constructing “Mall of India”, the 5th biggest shopping complex in the world, in Gurgaon.
- According to the latest edition(2008) of the Forbes Magazine, K.P Singh is currently placed at the 8th Richest person in the list. He is the 4th richest Indian, behind Laxmi Mittal, Anil and Mukesh Ambani.
At the moment: They have their constructions going on in 31 countries.
K.P Singh loves golf and is a keen golfer himself. He loves to roam around the world.
His net worth is estimated at 30 billion dollars.
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