India’s 77th Independence: See How Sudhir Has Hugely Contributed To Uganda’s Economic Dev’t

By Spy Uganda

Yesterday the Indian community in Uganda celebrated the 77th independence anniversary at the event held by India’s Indian High Commission on Kyadondo Road, Nakasero, Kampala.

The event, featuring vibrant cultural displays and a strong sense of unity, was attended by the Indian High Commissioner, Indian business tycoons and great friends of the Indian community.

It is estimated that about a 40,000-strong Indian community, which has greatly contributed to the Ugandan culture and economy, lives in the country today. The Indian community in Uganda has been instrumental in developing Uganda’s trade and commerce sector, with many owning businesses in the service and tourism industry, textiles, clothing, and other retail industries.

Among the Ugandan-Indian community is tycoon Sudhir Ruparelia, who runs the Ruparelia Group, a conglomerate interested in banking, insurance, education, real estate, and hospitality.

With an estimated net worth of over $1.2 billion, Sudhir is one of the wealthiest individuals in Uganda and is among the top taxpayers in Uganda. He employs over 10,000 people directly and over 12500 indirectly thereby changing the lives of thousands of Ugandans.

He has built his business empire through strategic investments and partnerships and has received numerous awards for his contributions to Uganda’s economic growth.

On October 9, 2013, Sudhir was awarded a Golden Jubilee Presidential Medal by President Museveni in recognition of his contribution to the growth of business and industry in Uganda as an industrialist.

Below Are Some Of The Businesses That Rank Sudhir Uganda’s Potential Investor 

• Premier Recruitment Limited – Kampala
• Crane Management Services Limited – Kampala
• Delhi Public International School-Naguru, Kampala
• Goldstar Insurance Company Limited – Kampala
• Kabira Country Club – Bukoto, Kampala
• Kampala International School Uganda
• Kampala Parents’ School
• Kampala Speke Hotel – Kampala
• Meera Investments Limited – Kampala
• Munyonyo Commonwealth Resort – Munyonyo
• Premier Roses Limited – Entebbe
• Rosebud Limited – Entebbe
• Sanyu FM 88.2 – Kampala
• Speke Apartments Limited – Kampala
• Speke Resort and Conference Center – Munyonyo, Kampala
• Kampala Tourist Hotel – Kampala
• Victoria University Uganda – Kampala
• Vcon Construction Uganda Limited
• Premier Sand Limited
• The group owns commercial and real estate interests not only in Uganda but also in Rwanda, South Sudan, the United Kingdom, and the United Arab Emirates.
• Pearl Business Park: In July 2021, the Group announced plans to establish an upscale business park on 18 acres (7 ha) that the group owns in the city of Kampala. The park will include a shopping mall, a five-star hotel and a modern hospital.
• Arie Towers – Kampala; a 14-story office high-rise, in the upscale Nakasero neighborhood of Kampala.
• Speke Resort Convention Centre – Munyonyo, Kampala. A 4,400-seater convention facility; the venue of the 19th Non-Aligned Movement (NAM) and the Group of 77 (G-77)+ China Third South summits, 15th–23rd January 2024. “The two meetings hosted over 5,000 delegates, including 70 heads of state and government, from 120 countries”.
• Paradise Island Resort – Located on Paradise Island, on Lake Victoria, approximately 20 minutes by boat from Speke Resort Munyonyo.