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40 under 40

Syed Minhaj Ashraf

conquering the world with Burning Ambition

Syed Minhaj Ashraf, the Managing Partner of Shalimar Group, is a young and energetic

leader who has been skillfully heading its finance department operations and

propelling the Group towards the path of growth and development

Some business leaders step into the

corporate world serendipitously, but

others have a clear understanding of what

is required of them. Such leaders take tactical

steps and bring a clear plan into the industry.

Syed Minhaj Ashraf is one such focused highflyer.

Growing as a Business Prodigy

Being raised by a strong and visionary leader, the

founder of Shalimar cold storage, Mr. S N Ashraf

(his father), Ashraf grew up imbibing great moral

values. The value of time management, strong

work ethics, and work-life balance were imbibed

in him at a very young age. Possessing a flair for

business and finance early on, he chose to study

Masters (MBA) in Finance at the University of

Wales after completing Bachelor’s in Commerce.

Established In 1977, Shalimar Group has a rich

history and is one of the most respected corporate

enterprises in India. Located in the hub of Patna, it

offers more than 5000 metric tons of refrigerated

warehousing at one place and is easily accessible

from states such as Bihar, Jharkhand, and Uttar

Pradesh. With his inventive skills, Ashraf has not

only improved the infrastructure of the company,

but has also taken business to a new level of

success.

Under his guidance, Shalimar Group has been

serving multiple illustrious clients including

Bharti Airtel Ltd., Cipla Ltd., Britannia Industries

Ltd., MRF Ltd., Colgate India, and Amul India,

and fortifying its reputation through excellent

customer service and state-of-the-art facilities.

Being a daring risk-taker, Ashraf broadened the

horizons for Shalimar Group by venturing into

the market for frozen foods. Putting his academic

knowledge and experience in the business over

the years together, he has managed to venture

into the mega project of Shalimar Logistic Park

and an extended modern cold storage with stateof-the-art

amenities.

a great visionary leader

Ashraf is a young leader who envisions to create

a world class agriculture storage hub to help

Bihar get national and global recognition. He

is of the view that a storage hub in the state

with all modern facilities will help to generate

employment for the people of Bihar and would help

the farmers with sustainable business prospects.

In addition, it would provide a platform to the

farmers to safeguard and sell their agriculturebased

produce directly to the customer for their

maximum benefits. He intends to expand the

“he envisions to create a

world class agriculture

storage hub to help Bihar get

national & global recognition”

organisation into an export-oriented business

hub, operating from Bihar to other states and

neighbouring countries for promoting the export

of local fruits and vegetables like litchi, mango,

etc. to help the state get national and global

recognition.

With his innovative skills, he has greatly

improved the infrastructure and performance of

the organisation and is constantly working out

strategies for the growth of the company.

| india’s greatest leaders 2019-20 | 151

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