Kochouseph Chittilappilly
Encyclopedia
Kochouseph Chittilappilly is an India
n businessman and the Managing Director of V-Guard Industries Ltd
and a chain of amusement parks like Veega Land, Kochi and Wonderla
, Bangalore
.
in 1970.He gave one of his kidneys to a needy this february 2011.
He ventured into the large format amusement parks business in 2000 with the Rs 75-crore amusement park project Veegaland
(Now renamed Wonderla
) in Kochi
and the Rs 105-crore project Wonderla
, in Bangalore
. Wonderla is one of the largest amusement parks in India. Vegaland was the India's first amusement park to be awarded the ISO 14001-2004 for environmental friendliness and conservation of natural resources.
Chittilappilly is considered as one of the most successful businessmen in Kerala. From his fast-moving V-Guard stabilisers to the dizzying rides at his amusement parks, Kochouseph Chittilappilly has always displayed business guts. His Rs 900 crore V-Guard group with its flagship stabilisers and a host of products such as water pumps, water heaters, UPS, wiring cables and starters is a household name in the state. The business group today includes Wonderla Holidays, the chain of amusement parks, and V-Star creations, an apparels manufacturing company.
He authored a book, Practical Wisdom . In real life & management, which is an account of practical management techniques from his personal experiences as an entrepreneur.
Chittilappilly won many prestigious awards and recognitions like the 'Rashtriya Samman' awarded by the Government of India
for the highest tax-payer from Hon’ble Union Minister of State for Finance, "Tourism Man of the Year 2000" by Destination Kerala and "Millennium Businessman of Kerala" by Business Deepika.
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
n businessman and the Managing Director of V-Guard Industries Ltd
V-Guard Industries Ltd
V-Guard Industries Ltd is a major electrical appliances manufacturer in India, and the largest in the state of Kerala with an annual turnover of 7 billion. It manufactures voltage stabilizers, wiring cables, electric pumps, electric motors, geysers, solar water heaters, electric fans and UPSs...
and a chain of amusement parks like Veega Land, Kochi and Wonderla
Wonderla
Wonderla is an amusement park located near Bidadi, Bangalore, spanning over of land. It has been promoted by V-Guard Industries Ltd, based in Cochin, Kerala. It is the second theme park project from the group and has been operational since October 2005. It has been set up with a total...
, Bangalore
Bangalore
Bengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...
.
Early life
He did his schooling in a village school and Masters degree in Physics from St. Thomas College, ThrissurSt. Thomas College, Thrissur
St. Thomas College, Thrissur is located in Thrissur city, the cultural capital of Kerala State, India. Founded by Mar Adolph Medlycott in 1889, this college played a very important role in the development of Kerala. It gave birth to the thoughts of the communist leader and Kerala's first chief...
in 1970.He gave one of his kidneys to a needy this february 2011.
Career
Kochouseph Chittilappilly started his career as a Supervisor in an electronics company, Telics, a new medium-scale company in Thiruvananthapuram promoted by the state government to make electronic stabilisers, where he served for three years. He founded V Guard Industries Ltd in 1977 (then called Premier Electronics) with two employees for making stabilisers. The company's initial production was 50 stabilisers per month manufactured by the trio. Chittilappilly used to ferry his products in Thiruvananthapuram on a Lambretta scooter, hardselling his wares. He started another proprietorship concern by the name of M/s Prompt India for marketing of the products under the brand name of V-Guard in 1985. In 1992, the various independent units making the stabilizers were combined into one, and Kochouseph Chittilappilly continued the business as a properietory concern. On February 12, 1996, the company was incorporated under the name of V-Guard Industries Private Limited. The Company was converted into a public limited company in 2007, and went public through an IPO in March 2008 which was over-subscribed 4.6 X in a bearish market.He ventured into the large format amusement parks business in 2000 with the Rs 75-crore amusement park project Veegaland
Veegaland
Veegaland is a popular amusement park in Kerala, India. The park, which is run by the Chittilappilly family which also owns V-Guard Industries, and Wonderla amusement park in Bangalore. The park is situated on the top of a hill at Pallikara, from the city of Kochi. The park was set up in 2000...
(Now renamed Wonderla
Wonderla
Wonderla is an amusement park located near Bidadi, Bangalore, spanning over of land. It has been promoted by V-Guard Industries Ltd, based in Cochin, Kerala. It is the second theme park project from the group and has been operational since October 2005. It has been set up with a total...
) in Kochi
Kochi
-Places:* Kochi, a city in the state of Kerala, India, formerly known as Cochin* Kingdom of Cochin, a former feudal city-state on Malabar Coast, India** Fort Kochi, one of the three main urban components which constitute the present day city of Kochi, Kerala, India...
and the Rs 105-crore project Wonderla
Wonderla
Wonderla is an amusement park located near Bidadi, Bangalore, spanning over of land. It has been promoted by V-Guard Industries Ltd, based in Cochin, Kerala. It is the second theme park project from the group and has been operational since October 2005. It has been set up with a total...
, in Bangalore
Bangalore
Bengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...
. Wonderla is one of the largest amusement parks in India. Vegaland was the India's first amusement park to be awarded the ISO 14001-2004 for environmental friendliness and conservation of natural resources.
Chittilappilly is considered as one of the most successful businessmen in Kerala. From his fast-moving V-Guard stabilisers to the dizzying rides at his amusement parks, Kochouseph Chittilappilly has always displayed business guts. His Rs 900 crore V-Guard group with its flagship stabilisers and a host of products such as water pumps, water heaters, UPS, wiring cables and starters is a household name in the state. The business group today includes Wonderla Holidays, the chain of amusement parks, and V-Star creations, an apparels manufacturing company.
He authored a book, Practical Wisdom . In real life & management, which is an account of practical management techniques from his personal experiences as an entrepreneur.
Chittilappilly won many prestigious awards and recognitions like the 'Rashtriya Samman' awarded by the Government of India
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...
for the highest tax-payer from Hon’ble Union Minister of State for Finance, "Tourism Man of the Year 2000" by Destination Kerala and "Millennium Businessman of Kerala" by Business Deepika.