Ashish Monpara
NationalityIndian
EducationMaster of Business Administration (MBA)
OccupationBusinessman
OrganizationModern Group

Ashish Monpara is a Uganda-based Indian businessman and the chairman of Modern Group, a conglomerate operating across multiple industries in Uganda.[1][2][3][4][5]

Career

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Monpara completed his Master of Business Administration (MBA) in Mumbai and Switzerland before relocating to Uganda.[6][7][8]

In 2015, he made his first investment in Uganda and founded the Modern Group. The company began its operations in Uganda with Modern Distillers Ltd.[9][10][11][12]

Monpara expanded the Modern Group across sectors such as tile manufacturing, aluminum production, gas, and sugar refining.[13][14][15][16][17][18][19]

In 2022, Monpara announced additional investments in Uganda, including a proposed $100 million pharmaceutical plant and further expansion of sugar and steel production.[20][21][22][23][24][25]

References

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  1. ^ "Modern Group Boss Monpara Hails Gov't on Peace, Policies Fostering Investment". The Voice Uganda. 2023-10-11. Retrieved 2024-11-12.
  2. ^ Rupiny, David. "Modern Tiles: East and central Africa's biggest tiles factory is in Uganda". Retrieved 2024-11-12.
  3. ^ "Tiles factory targets creating 3,000 jobs". Bukedde. Retrieved 2024-11-12.
  4. ^ "Tiles factory targets creating 3,000 jobs". New Vision. Retrieved 2024-11-12.
  5. ^ Uganda, Watchdog (2022-10-25). "President Museveni urges investors to buy raw materials locally as he commissions Modern Tiles Company". Watchdog Uganda. Retrieved 2024-11-12.
  6. ^ "Modern Group Billionaire, Ashish Monpara: Mabira Forest's Beauty Wooed Me to Invest in Uganda". ChimpReports. 2023-10-11. Retrieved 2024-11-12.
  7. ^ "Minister Anite Commissions Modern Tiles show Room in Kampala, Ashishi Hails Gov't". The Voice Uganda. 2024-04-04. Retrieved 2024-11-12.
  8. ^ "Facebook". www.facebook.com. Retrieved 2024-11-12.
  9. ^ Nakiganda, Mary Gorret (2023-10-16). "Ashish Monpara: Why I had to invest in Uganda". ideashousebiznews. Retrieved 2024-11-12.
  10. ^ https://worldbusinessjournal.com/wp-content/uploads/2024/05/WBJ_Uganda-2024_digital.pdf
  11. ^ "Minister Anite launches tiles factories in Njeru, Namanve". New Vision. Retrieved 2024-11-12.
  12. ^ Otto, Nelly (2024-05-21). "Desperate Njeru NRM supporters cry to LOP Ssenyonyi for intervention over imminent eviction by investor". Watchdog Uganda. Retrieved 2024-11-12.
  13. ^ https://www.256trends.com/mabira-forests-beauty-wooed-me-to-invest-in-uganda-modern-group-billionaire-ashish-monpara/
  14. ^ "Modern Tiles Launches Cutting-edge Showroom in Kampala | The Kampala Post". kampalapost.com. Retrieved 2024-11-12.
  15. ^ "Opportunities as Museveni Commissions Modern Tiles Factory worth USD30m". ONLINE. 2022-10-25. Retrieved 2024-11-12.
  16. ^ "Meet Uganda's Biggest Tiles Factory | The Kampala Post". www.kampalapost.index.ug. Retrieved 2024-11-12.
  17. ^ Unit, Pepper Intelligence (2024-04-05). "Investment: Modern Tiles opens state of the art showroom in Kampala". ONLINE. Retrieved 2024-11-12.
  18. ^ "Meet Uganda's Biggest Tiles Factory | The Kampala Post". kampalapost.com. Retrieved 2024-11-12.
  19. ^ Rupiny, David. "Modern Tiles opens a state-of-art tiles showroom in Kampala". Retrieved 2024-11-12.
  20. ^ "Museveni to investors: Buy local raw materials". Monitor. 2022-10-26. Retrieved 2024-11-12.
  21. ^ "President urges investors to buy raw materials locally as he commissions tiles factory. | President Yoweri Kaguta Museveni". yowerikmuseveni.com. Retrieved 2024-11-12.
  22. ^ "PICTORIAL: Museveni launches Modern Tiles facility at Njeru". UG Standard - Latest News. 2022-10-25. Retrieved 2024-11-12.
  23. ^ Ssebwaami, Javiira (2022-10-25). "Buy raw materials locally to support economy, Museveni tells investors". Kikubo Lane. Retrieved 2024-11-12.
  24. ^ Kabayo, Simon (2022-10-26). "Museveni commissions Modern Tiles Factory in Buikwe District". Eagle Online. Retrieved 2024-11-12.
  25. ^ Martha, Akankunda (2023-10-11). "President Museveni Urges Formation of One Market for Africa at Uganda-UAE Business Forum - Explorer Uganda". Retrieved 2024-11-12.