ABHISHEK PARAKKAT A SHINING STAR WITH A VISIONARY GOAL
UNIQUE TIMES|October - November 2021
Abhishek Parakatt- The young talented entrepreneur proving that age is no barrier for entrepreneurship

Abhishek Parakkat, the scion of the well known Parak-kat Group, exemplifies all of the values and characteristics that transform ordinary people into amazing success stories. No wonder then that the young shining star in the world of business was able to knock out all the obstacles on his path with his sheer passion and persistence.

The Parakkat Group, established in the year 1990, began its journey when Prakash Parakkat, the Chairman of Parakkat Group of Companies, ventured first into the ‘pure gold business’ by starting two showrooms at Kalady and Sreemoolanagaram. In no time, Parakkat turned out to be the name that satisfied everyone’s golden desires by providing the most innovative designs with incomparable quality and cost-effectiveness.

However, the group found its niche when Prakash opened their first ‘one gram gold layered ornament’ showroom in the heart of Ernakulam. It was an instant success and if the company today has nearly 100 showrooms across the world, it is the result of utmost determination and hard work. Besides different districts of Kerala and cities like Madurai, Mangalore, Bangalore and New Delhi, there are showrooms in Dubai, Bahrain, Muscat, and Kuala Lumpur. The group gradually diversified into other businesses under the same brand name -- Parakkat Jewels, Parakkat Nature Resorts, Parakkat Weddings and Parakkat Software to name a few. Abhishek Parakkat, the younger son of Prakash Parakkat, currently manages the research and development wing and also manages the administration of his companies. Often, in the world of business, what is tougher to achieve than growth is to consolidate and maintain what has already been accomplished. This is where the BCom graduate, who has reached the pinnacle at a very young age, shoulders a heavy responsibility.

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