Founder and Chairman of Melcom Group of Companies, Bhagwan Ramchand Khubchandani has died.
Mr Khubchandani died on Tuesday, January 25, 2021, aged 84.
Reports indicate that he died at the Nyaho Medical Centre in Accra after suffering from an unknown ailment.
Mr Khubchandani was recently honoured as Ghana’s Greatest Entrepreneur of All Time at the Ghana Entrepreneur and Corporate Executive Awards.
Director of Communication at Melcom Group of Companies, Godwin Avenorgbo, announcing his death said, “Mr Khubchandani was a leader who believed in work and service and has often told staff of Melcom that God willing he would work till the last day that God would call him.”
“When we formally opened the Melcom Branch at La a few years ago, he announced that his vision was leading him to a targeted goal of 50 Melcom Branches Nationwide within a very short time,” he recalled.
“He asked me to emphasize that statement and to remind management even as we assured Ghanaians that it was possible to do so. Though COVID-19 Pandemic slowed down the process for a while, the Directors of Melcom bought into the vision and left no stone unturned and today I’m happy to report that his vision of 50 Melcom Branches has been achieved with the 50th Branch soon to open to the public for business.”
About Bhagwan Ramchand Khubchandani
Mr Khubchandani’s father, Ramchand Khubchandani arrived in the then Gold Coast in 1929 as a 14-year-old to work as a store boy.
After 17 years he started Glamour, a retail store, with his younger brother. In 1948, the brothers made huge losses during the Christianborg Crossroad Shootings.
In 1955 they managed to recoup and diversified in garment manufacturing that employed about 1200 Ghanaians. During “Operation Feed Yourself” under Colonel I.K. Acheampong’s regime, the brother started a poultry farm, Glamour Poultry as a condition to keep their business running.
Mr Khubchandani came to Ghana in the 60s at the invitation of his father and was well established as the then joint Managing Director of Glamour Stores.
He started Melcom in 1989 with his sons-in-law Ramesh Sadhwani and Mahesh Melwan.
Melcolm has evolved over the years to have six subsidiaries. These include Melcom Limited, Century Industries Limited, Crown Star Electronic Industries Limited, Melcom Hospitality, Melcom Travels, and Melcom Care Foundation.
Melcom Group is best known for its retail superstores, Melcom Limited. As Ghana’s largest chain of retail department stores and counting, Melcom offers thousands of products and hundreds of well-known brands.