50 Indian Power List - 45.Jacky Panjabi
Posted inUncategorized 50 Most Powerful Indians in the UAE 2017

Jacky Panjabi

Company: Jacky’s Group

Designation: Founder and managing director

Jacky Panjabi is a giant in the consumer electronics trade and his company spans across Africa, the Middle East and the Far East.

In 1970 Panjabi’s brother Ishwardas dispatched him to Hong Kong to establish a mail order duty-free business under the name of Jacky’s International. The company delivered all manner of products to NGOs and United Nations offices around the region. “I had zero knowledge about the company. I was still only 16 or 17 years of age. I never went to college and left school at the tenth or 11th [grade],” recalls Panjabi.

Panjabi’s first visit to Dubai was in 1985 and during a two-night stay he established a number of contacts in the electronics business. On his third visit, he set up his first office in Nasser Square, and established Jacky’s Electronics, after officials ruled that Jacky’s International was not permissible.

1988 saw the first Jacky’s Electronics retail showroom open at Nasser Square in Deira, which is still there today.

Jacky’s Group of Companies, currently has five subsidiaries including Jacky’s Electronics, Jacky’s Middle East, Jacky’s Business Solutions, Jacky’s Gulf and Jacky’s Logistics Worldwide LLC.

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