Ved Sharan Chhabra has earned his name in the Indian shipbuilding and repair industry as an individual whose entrepreneurship skills made him establish his business with its recognition in more than one continent panning India and Middle East.
After sailing as marine engineer on sea-going vessels and rising up to the highest level of Chief Engineer, his inbuilt aggressiveness towards astute professional development and risk taking ability made him plunge into the entrepreneurship by starting his own business in the field he had been trained for. Thus, his career as an entrepreneur in the shipbuilding & repair industry started in India way back in 1967.
It is an incredible true story of Ved Chhabra who started his business with no capital to support him in his business venture: repairing ships of different nationalities arriving in the port of Bombay, India. With the conviction of strong human will, very soon his company earned a good name... one special recognition came to him when he repaired the most famous passenger ship - QE2. Indeed, it was a benchmark for the young entrepreneur.
Ved Chhabra went on to become the ‘first’ private entrepreneur to build and export the ‘first’ sea going vessel from India in the year 1976. For his achievements, he was recognized by Government of India and was conferred the Chairmanship of Engineering Export Promotion Council, Ship Building Division in 1976. His desire to expand in his core business led him to go beyond the shores of India and Dubai (UAE).
Today, Ved Chhabra heads group of companies in ship building and repairs industry having its presence in Mumbai-India (M/s Bombay Marine Engineering Works Pvt. Ltd.); Dubai-UAE (Inter Ocean Ship Repairs LLC.); Fujairah-UAE (International Ship Repairs FZE) and Ras-Al-Khaimah-UAE (EPC Emirates RAK LLC.).
The group of companies offers large captive highly professional and skilled manpower resources along with sizeable equipment and facilities to undertake repairs in our own well-equipped facilities in dry dock or afloat at anchorage and for all type of ships. The specialty includes engine repairs, ships equipment, hull, deck machineries and fittings, safety equipments, electrical and electronics, dry docking including large steel renewal and surface coatings. In addition, the International Ship Repairs at Fujairah and EPC Emirates RAK LLC are involved primarily in the oil and gas sectors repairs and refurbishment of drilling rigs and supply vessels.
The constant desire to excel in all adversities and the will to succeed has made Ved Chhabra – an outstanding business leader in the maritime industry. He gives credit to his family and his team for making him achieve his goals with no privileged past, or, any financial inheritance.
Ved Chhabra sums up the purpose of his life. He says, “I had to prove to myself and the coming generation that even a person facing many challenges – can succeed in realizing his dreams. It all depends on how he wants to live his life. Elements of desire, will, passion and perseverance are important for success.”
RECOGNITIONS
MR. VED CHHABRA CHAIRMAN, INTER OCEAN SHIP REPAIR L.L.C. GROUP OF COMPANIES 