Subhash Thakrar is the Deputy President of London Chamber of Commerce and Industry and a Partner at CBW Blackstone Franks LLP and previously a senior partner at the firm of chartered accountants and corporate financiers called Blackstone Franks LLP based in central London, UK. Subhash has practiced as a professional chartered accountant for nearly 30 years and is actively involved in advising UK and international corporations in conducting business in the UK as well as cross-border joint ventures. Blackstone Franks is part of an international advisers group called IAG International with associates all over Europe, Canada and the US.
In the early 1990′s, as a result of economic liberalisation in India, Subhash identified the potential of doing business in India and also investing. Since then, he has founded an equity fund, called INVIL investing in the Indian Equity Market called India Value Investments Ltd. The fund has had a spectacular growth from the original £1 invested to over £5 after taking account of recent Stock Market turmoil as well as the Indian Rupee which has over the years fluctuated against the British Pound.
In 2008, Subhash jointly promoted a real estate fund for India called Triangle Real Estate India Fund with Old Mutual of South Africa. The Fund has already participated in the development of shopping malls in India. Triangle is listed on Mauritius stock exchange.
Subhash sits on the Board of the London Chamber of Commerce and was formerly the Chairman of the Asian Business Association in the UK. In 2010, he was elected as the Chairman of London Chamber.
Subhash, until recently, had other business interests in India in the field of property management (jointly with Old Mutual Group of South Africa), an architectural services company called Bentel International in India and a professional car park management company (joint venture with an Australian group called Secure). He divested from these in 2010. Subhash has had extensive experience in dealing with joint venture and collaboration arrangements as a principle promoter and as an advisor.
As part of his corporate social responsibilities, Subhash sits on the Board of a number of charities including a Commonwealth Education Fund (to promote the 100% primary and equal gender education in Commonwealth countries), and 3R’s Trust (for education of the poor in India). He is also a former Trustee of Attlee Foundation, set up for the well-being of deprived children in the UK.
In 2005, Subhash was invited to join Prime Minister Blair’s business mission to India.
Subhash is a joint author to a number of publications including The UK as a Tax Haven (The Economist), The Blackstone Franks Good Investment Guide, Blackstone Franks Guide to Creating Cash and Blackstone Franks Guide to Living in Spain.
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