From Dreams to Dynasties: The Story of Veekay Group’s Rise

“To be a world-class leader in businesses that enrich lives and contribute to nations by building sustainable infrastructure, creating long-term value, and fostering innovation.”

What began in the 1980s as a modest entrepreneurial venture by a determined man, Naduvile Valamkottil Shamsu, has transformed into a multi-industry empire known as Veekay Group today. Rooted in the values of integrity and innovation, the journey of this family-run enterprise is a testament to vision, perseverance, and the relentless pursuit of excellence.

Sowing the Seeds of a Dream

Born into an ordinary family in Kochi, Shamsu envisioned a future beyond the constraints of his circumstances. With sheer determination and meticulous planning, he laid the foundation for the Veekay Group in the 1980s. Starting with small businesses, Shamsu’s ventures quickly gained a reputation for quality and trust. His unwavering commitment and forward-thinking approach enabled the group to evolve steadily, paving the way for remarkable growth.

Legacy of Leadership

Shamsu’s leadership was defined by his ability to adapt to changing times while staying rooted in traditional values. Recognising the power of education and innovation, he ensured that his children inherited not just his business but also his entrepreneurial spirit. His eldest son, N.S. Ajas, stepped into the family business with a passion to build on his father’s legacy and take it beyond the horizon.

The Beginning of a New Era

In 2005, 21-year-old Ajas took the helm and launched Veekay Fuels in collaboration with Bharat Petroleum, marking the group’s entry into petroleum distribution. This bold move set the tone for Veekay Group’s expansion. By 2008, they ventured into retail with Veekay Mart, a hypermarket chain that quickly became synonymous with convenience and affordability.

Under Ajas’s visionary leadership, Veekay Group diversified into infrastructure, real estate, healthcare, education, and more. Each venture was guided by a commitment to sustainability and societal impact, reshaping industries and improving the quality of life for countless individuals.

N.S. Ajas, CEO, Veekay Group

Expanding Horizons

In 2015, Veekay Group ventured into commercial real estate with the N.K.S. Commercial Tower, followed by sustainable villa projects under Veekay Builders & Developers. In education, the group established Horizon Public School, offering world-class facilities and fostering future leaders.

Veekay Group didn’t stop there. In 2017, they forayed into the healthcare sector with Cochin Mental Health Solutions and ventured into hospitality with a resort in Vaikom, Kottayam district. Their involvement in large-scale projects such as Kochi Metro and national highways further solidified their status as an industry leader.

Beyond Business: A Commitment to Society
The Veekay Group’s purpose transcends profit. With a mission to empower communities and contribute to national progress, the group has made strides in addressing critical areas like mental health, education, and employment. Through the CareIt Charitable Trust, the group actively champions initiatives that uplift marginalized communities and foster inclusive development. Ajas, alongside his family, ensures that every endeavor aligns with its core values of innovation, sustainability, and social responsibility, reflecting their unwavering dedication to creating a positive societal impact.

A Vision for the Future

As Veekay Group looks ahead, its ambitions remain as bold as ever. Plans are underway for large-scale infrastructure projects, an international sports school, premium shopping experiences through Veekay Mall & KM Mall at Kochi, and even ventures into mining and Stressed Asset Management. At the heart of these endeavours is a desire to create opportunities, uplift communities, and leave an enduring legacy.

The Pillars of Success
At the heart of the Veekay Group’s success is the unwavering support of Mr. N.K. Shamsu, Chairman, and his family. Leading the organization with vision and determination, Mr. N.S. Ajas, CEO, is supported by his brothers, N.S. Niyas and N.S. Shiyas, who serve as Directors of the Veekay Group, playing pivotal roles in its achievements. His wife, Smijas J, contributes her expertise to education as an academic and the principal of Horizon Public School. Their children, Mehreen Zaira and Mahmoud Al Zamar, exemplify excellence as national roller-skating athletes. Additionally, his sister, N.S. Minas, remains an integral part of the family’s strong foundation.

Building a Lasting Legacy

Today, Veekay Group stands tall as a symbol of innovation, resilience, and purpose-driven leadership. From its humble beginnings to becoming a conglomerate shaping industries and communities, the group’s journey is a beacon of inspiration.

Looking to the future, Veekay Group is poised to reshape the landscape with bold infrastructure projects, including expansive hospitality ventures, state-of-the-art commercial spaces, and vital public works. As they continue to create businesses that uplift communities, Veekay Group is not just building for today but laying the groundwork for a sustainable and interconnected tomorrow. Under Ajas’s dynamic leadership, Veekay Group is not merely constructing businesses; it is shaping the future, one visionary step at a time.

Pic Courtesy: pegasus/ images are subject to copyright