V. G. Panneerdas
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V. G. Panneerdas | |
|---|---|
| Born | |
| Occupation | Founder of VGP Group of Companies |
| Spouse | Parijatham |
V. G. Panneerdas was the founder of VGP Group of Companies.[1] He started as a poor man from a remote village called Azhagappa puram near Valliyur in Tamil Nadu, India in the Tirunelveli District. He moved to Chennai in search of opportunities. In 1955, he opened a shop selling items such as alarm clocks, watches and wall clocks.[2] He was the pioneer in South India to introduce Hire Purchase for everyday goods.[3] He built the VGP company from virtually nothing to its present status as a group of companies including retail, real estate and property development, resorts and amusement parks (including VGP Universal Kingdom),[4] and video and audio studios.
