Prabhu Kishore of Varun group keen to join politics
Visakhapatnam: City businessman and head of Varun Group V Prabhu Kishore is keen on entering politics and is likely to take the plunge shortly. He is consulting his well-wishers in the political arena, breaking his head as to which party to join.
'I want to do something better than the existing political class with discipline and passion,' he told The Hans India on the auspicious Vijaya Dasami Day when he took the decision.
Varun is the largest automobile group in India considering the number of vehicles sold and the group's turnover is around Rs 2,000 crore. It pays taxes to the tune of over Rs 200 crore a year to the State government.
Known as a man with the Midas touch, the 58-yearold post-graduate in management from Andhra University who tasted tremendous success as an automobile dealer in the state for Maruti cars, Bajaj, JCB, Mahindra and Benz trucks, has diversified into construction, multiplex and hospitality sectors.
Novotel Varun Beach facing the Bay of Bengal has become the most successful five-star hotel in the city and he is now into construction of another five-star hotel in the commercial hub of Vijayawada.
News Posted: 16 October, 2013
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