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
-
Gold Fields Ghana Foundation challenges graduates to maximise benefits of community apprenticeship programme
1 hour -
GBC accuses Deputy Information Minister Sylvester Tetteh of demolishing its bungalow illegally
2 hours -
Boost for education as government commissions 80 projects
2 hours -
NAPO commissions library to honour Atta-Mills’ memory
2 hours -
OmniBSIC Bank champions health and wellness with thriving community walk
2 hours -
Kora Wearables unveils Neo: The Ultimate Smartwatch for Ghana’s tech-savvy and health-conscious users
2 hours -
NDC supports Dampare’s ‘no guns at polling stations’ directive
2 hours -
Police officer interdicted after video of assault goes viral
2 hours -
KNUST’s Prof. Reginald Annan named first African recipient of World Cancer Research Fund
2 hours -
George Twum-Barimah-Adu pledges inclusive cabinet with Minority and Majority leaders
3 hours -
Labourer jailed 5 years for inflicting cutlass wounds on businessman
3 hours -
Parliament urged to fast-track passage of Road Traffic Amendment Bill
3 hours -
Mr Daniel Kofi Asante aka Electrician
3 hours -
Minerals Commission, Solidaridad unveils forum to tackle child labour in mining sector
3 hours -
Election 2024: Engagement with security services productive – NDC
3 hours