Who owns Kenya: The Billionaire Man of Steel, Mr. Narendra Raval Guru

Narendra Raval Guru, once an assistant priest in India, moved to Kenya as a teenager and, after being expelled from his religious sect for marrying a Kenyan of Indian descent, started a small steel business with his wife in 1986. This venture grew into the Devki Group, the largest manufacturer of steel products in East and Central Africa, with notable brands like Simba Cement. Beyond business, Raval is a devoted philanthropist, supporting orphanages and schools. Known for his success, he commutes by helicopter, symbolizing his remarkable rise from humble beginnings to becoming one of Africa's richest individuals.

Sep 2, 2024 - 17:57
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Who owns Kenya: The Billionaire Man of Steel, Mr. Narendra Raval Guru
Narendra Raval Guru, Chairman Devki Group of Companies.

In the vibrant landscape of East and Central Africa's business world, few stories are as compelling as that of Narendra Raval Guru. Known affectionately as 'Guru,' Raval's journey from a modest beginning to becoming one of Africa's richest individuals is a testament to resilience, vision, and philanthropy.

Born in India, Raval's early life was steeped in spiritual commitment. As an assistant priest at a Swaminarayan temple, he dedicated his youth to service and learning. However, life had other plans for him. As a teenager, Raval moved to Kenya, where he continued his spiritual mission at another temple. His life took a significant turn when he married a Kenyan of Indian descent, leading to his expulsion from the sect. This pivotal moment, though challenging, set the stage for a remarkable transformation.

Without the support of his former community, Raval ventured into the business world, starting with a job in a small steel factory. It was here that he honed his skills in steelmaking, laying the foundation for what would become a groundbreaking career. With sheer determination and the support of his wife, Raval took a bold step in 1986, pooling their savings to start a modest steel processing and trading business in downtown Nairobi.

From these humble beginnings, the Devki Group was born—a company that has since grown to become the largest manufacturer of steel products in East and Central Africa. Today, the Devki Group stands as a colossal entity in the industry, with a revenue of $500 million. The company's reach extends beyond steel to include cement, reinforcement bars, and barbed wire. Among its most notable achievements is Simba Cement, produced by the National Cement Company, which is Kenya's bestselling cement brand. Other prominent brands under the Devki Group umbrella include Rhino Cement, Maisha Aluzinc Mabati, and Maish Packaging Products.

Raval’s success is not solely measured by his business acumen. His commitment to philanthropy reflects his deep-rooted values and desire to give back to the community. He supports numerous orphanages and schools, making a significant impact on countless lives. His dedication to these causes highlights his belief that success should be shared and used to uplift others.

In a life marked by extraordinary achievements, Raval’s choice of transportation is a symbol of his success and the scale of his operations. He eschews conventional modes of travel, opting instead to fly by helicopter between home and work, a testament to his accomplished status and the expansive reach of his enterprises.

Narendra Raval Guru’s journey from an assistant priest in India to a titan of industry in Africa is a story of remarkable transformation and inspiration. His ability to overcome adversity, coupled with his entrepreneurial spirit and philanthropic efforts, offers a powerful message: with vision, perseverance, and a commitment to making a difference, one can transcend boundaries and achieve greatness. Raval’s story is not just about personal success, but about creating lasting positive change and inspiring others to reach for their own dreams.

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Kennedy Kyalo Kennedy, a writer and consultant, empowers and inspires through his blogging at Aktive Citizen, focusing on human rights, governance, civic education, and business innovation to drive positive change across Africa.