In Conversation with the Harilelas
One of the most well known Indian families in Hong Kong, the Harilelas were brought here by the Great Depression of 1929. Having left India in 1922, Naroomal Harilela and his family went to Guangdong to set up a trading company, exporting jade, furniture, and handicrafts to the US. The Harilelas' business was a casualty of the Great Depression, prompting the family to uproot to Hong Kong. In the nine decades since, the business has grown from a trading company into a business empire that includes hotels, real estate, and travel agencies. How did the family make their first pot of gold? What lessons have been instilled in the successors? What is the key to running a privately held family business? How has the sensitive issue of succession been handled? Are there any plans for a public listing?
Dr. Hari Harilela, son of Naroomal Harilela and second generation leader of the family business, and his son Dr. Aron Harilela will discuss the history of the family business, its business philosophy and plans for the future with Henny Sender, Chief correspondent, International Finance at the Financial Times. Sender was previously the Wall Street Journal's senior special writer for the Money & Investing section. Join us at the Harilelas' family residence, a mogul-inspired mansion in Kowloon Tong where 70 family members spanning four generations reside.
Moderated by Henny Sender, Financial Times