Chairman of Melcom Group of Companies, Bhagwan Ramchand Khubchandani has died on January 25, 2021, at 84.
The astute business mogul was awarded Ghana's Greatest Entrepreneur of All Time at the last Ghana Entrepreneur and Corporate Executive Awards.
Under his watch, the Melcom has progressed into six separate companies with an overarching name, Melcom Group of Companies.
With over 60 years of business experience in Japan, Hong Kong, Ghana and Nigeria, Bhagwan has carved a niche for himself in the hearts and minds of his clientele.
Bhagwan Khubchandani entered business at a very youthful age. His father, who had at the time set up a buying agency in Hong Kong for his retail business, decided in 1954 to relocate him to manage his business there.
After three years in Hong Kong, Bhagwan moved to Japan where his father had also set up another agency.
Working in different countries like Hong Kong and Japan turned out to be an advantage for Bhagwan as his years of stint helped him widen his business acumen.
He returned to Ghana in 1961 and was made the Managing Director of Glamour Stores which he managed till 1991 when he decided to move on.
Bhagwan established his own business under the name of Melcom with a capital of $2,000,000.
He was then joined by his two sons-in-law and turned Melcom into the leading retail giant in Ghana.
He doesn’t believe in short-cuts or drilling to the depth of his customers’ wallets for making profits as he claims, “My philosophy has always been to sell more for less”.
It is no wonder that today Melcom has become the most reliable name and the customers’ first choice in Ghana.
Over the years, Melcom diversified into other businesses and expanded its product portfolio. These include Century Industries Limited which manufactures high-quality plastic household products.
Crown Star Electronics Industry Limited, which assembles household appliances with a fully-fledged service centre.
Melcom Group is best known for its retail superstores, Melcom Limited.
As Ghana’s largest chain of 48 retail department stores and counting, Melcom offers thousands of products and hundreds of well-known brands.
Latest Stories
-
Dr Bawumia extends Easter greetings to Christians
10 mins -
CAF Confederation Cup: ‘Ghanaians should expect victory against Stade Malien’ – Dreams FC forward Ishmael Dede
40 mins -
CAF Confederation Cup: ‘We want to go there and win’ – Karim Zito on Stade Malian clash
1 hour -
Togbe Adzie Lãkle Howusu XII endorses youth leadership as New Force Movement gains momentum
2 hours -
Public Utility Workers Union appeals to PURC to address power crisis
2 hours -
Anbariya loses another appeal in Kumasi as Appeal Court ratifies High Court ruling against the Islamic Institute
2 hours -
Highway construction health hazard: Ofankor-Pokuase-Nsawam residents appeal for dust relief
2 hours -
SuperJazzClub releases its first single of the year ‘Off’
2 hours -
Methodist Church to lobby Akufo-Addo for expedited assent to anti-LGBTQI+ Bill
3 hours -
Spare health facilities from unplanned ‘dumsor’ – Minority to government
3 hours -
Eritrea Observed World Tuberculosis (TB) Day 2024
3 hours -
Just give us ‘dumsor’ timetable to plan our operations – GMA tells ECG
3 hours -
Parliament petitions Chief Justice for an expedited hearing of cases against anti-LGBTQI+ Bill
3 hours -
The Attorney General vs NDC impasse – why they ‘fight’
4 hours -
High Court orders teacher unions to end strike
4 hours