Foresight Group

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Foresight Group International Limited
Private Ltd Company
Industryshipping, Oil drilling, Fine Dining, Branded Retail and Ports, Gas infrastructure.
Founded1984
FounderDr. Ravi K Mehrotra (Ravi Kumar Mehrotra) CBE- Executive Chairman[1][2]
HeadquartersDubai
Area served
Worldwide
Websiteforesight-group.com

Foresight Group International is a London based global conglomerate. It focuses on in shipping, offshore drilling, fine dining, footwear components and branded retailing.

History[edit]

Foresight Group was founded in 1984 by Dr. Ravi Kumar Mehrotra, a marine engineer by profession. He started his first company ASL Shipping Limited with its headquarter in London. Foresight group shifted its headquarter to Mauritius and has diversified into oil drilling business in 1989. Later in 1994 Foresight group entered fine dining business. Its shoe component manufacturing business vertical was established in and branded retail. The Group has evolved into an international multi-million dollar conglomerate and also manages a non-profit training institute AMTA since 2001. [3]

Verticals[edit]

ASL Shipping Limited[edit]

Being a qualified and experienced marine engineer himself, founder of foresight group Mr. Ravi Kumar Mehrotra started his own shipping company ASL shipping in 1984. Based out of Cyprus, the company provided a crude oil shuttle service in Gulf Region. ASL shipping owns and operates fleets of dry bulk carriers, reefer ships, product and crude tankers and also a cruise ship. Today company operates charted services for global oil major around the world.

Foresight Offshore Drilling[edit]

Foresight has had a drilling division since 1989 for exploratory and development wells. Foresight group diversified into drilling sector in 1989 for exploratory and development wells. This drilling vertical has developed two Le Tourneau Supper 116e jack-up rigs oil Rigs on contract with ONGC India since 2016 and for contract One rig with ADNOC AbuDhabi, UAE started in 2019 itself. [4]

GTFC shoe component manufacturing[edit]

GTFC is a shoe component manufacturing & trading company situated in Tamil Nadu, India, with its sales offices in Chennai, Agra, and Kanpur in India and Dhaka in Bangladesh. Foresight group invested in GTFC shoe component manufacturing and trading company in late 1990s and also formed a technical collaboration with German company RhenoflexGmBH to source thermoplastic material for Shoe component. [5]

Amer Maritime Training Academy[edit]

Amer Maritime Training academy is a non-profit maritime training academy that provides training to students from economically weaker section of the society. This training enable students to find employment as sea farer and crew members. Currently the institute trains around 800 such students every year.[6][7]

Foresight Ports & Gas Infrastructure[edit]

In the fall of 2018, a new division was set up in the group to invest in businesses related to the liquified natural gas industry.[8]

Tandoor Fine Dining[edit]

Foresight group ventured into fine dining business in a joint venture with Jin Jiang Group of China in 1994. They started Tandoor Fine dining restaurant in Shanghai and then opened up another property in Guangzhou. Tandoor Fine Dining has received Best Indian Restaurant Award by Trofeo International De Turismo Y Hosteleria and the Award for Best Indian Restaurant by the World Quality International Star.[9]

Pavers England[edit]

Pavers England is a shoe retail brand launched by Foresight group in association with Pavers Limited UK. Both companies formed a joint venture in 2008 to launch pavers England. In 2012, Pavers England became the first single brand to receive foreign direct investment approval from the government of India. With its business focus in India, Paver England operates 45 branded retail outlets across 17 Indian states along with an e-commerce site. In 2008 Pavers England was recognized as The UK Leading Market Entrant to India by UK Trade & Investment. It also received Economic times award 2018 for Most Admired Single Brand Retailers.[10]


Recognition[edit]

  • Founder Dr Ravi K Mehrotra was presented with a lifetime achievement award at the 2019 Seatrade 30th Anniversary Award Ceremony>[11]

References[edit]

  1. ^ Duttagupta, Ishani (June 21, 2006). "Foresight plans luxury cruises in Lakshadweep" – via The Economic Times.
  2. ^ "Foresight's Ravi Mehrotra on the Global Shipping Industry and Working Through a Revolution". Knowledge@Wharton.
  3. ^ "Foresight Limited". www.energyboardroom.com.
  4. ^ "FORESIGHT OFFSHORE DRILLING LIMITED S.A. Supplier Profile". service.ariba.com.
  5. ^ "GTFC Limited - Largest shoe manufacturing Company". gtfcltd.in.
  6. ^ "maritime training institute in Kanpur".
  7. ^ "Amer Maritime Training Academy".
  8. ^ "Foresight Group to invest in LNG infrastructure in India" – via the hindu.
  9. ^ "Fine Dining- The Tandoor".
  10. ^ "Pavers England".
  11. ^ "Dr Ravi Mehrotra receives lifetime achievement award at Seatrade 30th Anniversary Awards Event". July 10, 2018 – via Business Standard.