DR. P. R. HEDE, Chairman, LMC, is an eminent industrialist with vast experience in various fields. He was a Member of the Industrial Development Bank of India (IDBI) WRC which happens to be India’s Apex Financial Institution and is ranked as the 7th largest development bank in the world. This position was held by him for a period of 9 years.

He was a Director of The Indian Overseas Bank which has the distinction of having branches at most Cities in the Asia Pacific region including Hong Kong, Singapore and Seoul. He was also one of the core promoters of Sterling Holiday Resorts (India) Ltd., which has grown to become one of the largest timeshare resort companies in the country.

He also has had the distinction of being one of the founder Director of the Gujarat Maritime Board (Government of Gujarat).

He is presently Chairman of the Hede Business Group (HBG).

In addition he is also a member of the Advisory Board for the Industrial Finance Corporation of India (IFCI) and a member of the Foreign Trade Committee for The Associated Chamber of Commerce and Industries of India (ASSOCHAM).

The Company planning to expand its Hotels & Resorts business owing to the resounding success of its first project at Goa.