Veteran Indian businessman Vasu Shroff dies

VETERAN Indian businessman in the UAE Vasu Shroff has died, Gulf News can confirm. Shroff, who founded Regal Traders in 1952, died due to natural causes, company officials have confirmed. He was 85.

In a statement, the Shroff family said: “With deep regret, we inform you of the sad demise of our beloved father.” They added that prayers would be held for the departed soul.

The funeral is scheduled for April 27 at 4:30 pm at the New Sonapur Crematorium in Dubai. The family has requested privacy during this time, noting that the cremation will be attended by men only.

A pioneer of the UAE’s textile trade, Shroff was also a long-standing figure in the country’s business and community landscape.

Beyond business, he played a key role in community development — helping establish The Indian High School, supporting the India Club and other Indian institutions.

He has also contributed immensely to the development of Hindu temples in Dubai and funded schools, hospitals, and spiritual initiatives globally.

A doyen of the Indian community

Condolences have poured in from friends and well-wishers following his demise.

"I am deeply saddened by the passing of Mr. Vasu Shroff, a true pioneer of the UAE’s business community. Having spent over seven decades here, he was among the early visionaries who helped shape Dubai’s commercial landscape," said Yusuffali MA, Chairman, Lulu Group.

"His journey and achievements have inspired generations of Indian entrepreneurs who came to the UAE and made it their home. He will always be remembered for his humility, resilience, and contributions to society.

My heartfelt condolences to his family. May Almighty grant eternal peace to noble his soul," he said.

Shroff was widely regarded as a pillar of the community and someone many looked up to.

Faizal Kottikollon, Founder and Chairman of KEF Holdings. “Vasu has been an incredible friend for many years. He did so much for the community, often quietly and without seeking recognition."

"His support for organisations like the UIBC-UAE chapter (UAE India Business Council) was unwavering. This is a deep loss not just for the UAE, but for India as well. He played an instrumental role in strengthening the Indian community here and will be remembered for his generosity and leadership," said Kottikollon.

"I was deeply saddened to learn of the passing of Vasu Dada. A well-wisher to all, his name and goodwill had reached me even before I arrived in Dubai, and knowing him personally thereafter was truly a privilege. He was not only a respected figure in the community but a Dada to everyone, embodying warmth, humility, and a gracious nature that left a lasting impression on all," Kamal Vachani, Deputy CEO Group Director and Partner, Al Maya Group.

"Vasu Dada will be remembered as a visionary entrepreneur who played a significant role in shaping the retail and business landscape in the region. Equally noteworthy were his contributions to the community, where his generosity and sense of responsibility touched countless lives," said Vachani.

"His passing is a profound loss, and he will be dearly missed by all whose lives he touched. My heartfelt condolences go out to his family and loved ones during this difficult time. May they find strength and comfort, and may his soul rest in eternal peace," said Vachani.

“I am deeply saddened to hear about the passing of Vasu Shroff. He was not just a successful businessman but a pillar of strength and inspiration for the Indian community in the UAE. His journey reflected resilience, vision, and an unwavering commitment to excellence," said Dr. Dhananjay Datar, Chairman & Managing Director, Adil Group of Supermarkets.

"Shroff’s contributions went far beyond business—he played a significant role in fostering community spirit and supporting countless individuals through his generosity and leadership. His legacy will continue to inspire future generations, and his absence will be deeply felt by all who had the privilege of knowing him. My heartfelt condolences to his family and loved ones during this difficult time.”

Rajan Lall, a close family friend, has said, "I was like a godson to him. We have lost a legend. He even built a temple for me in Palm Jumeirah. He was saintly, a pillar for all of us. I’m still in shock. From supporting orphanages to building temples, he was always full of life.”

Writer, RJ and close friend Gaggan Mudgal said, "Vasu dada was one of the kindest souls I have ever met. He was a pillar of support for the Indian diaspora and beyond in this region. I am so grateful that I shared a bond with him. He never missed a chance to attend my plays, always checking in to see if I needed anything."

He added, "Just recently, I visited his office and saw the stream of people who came to him all day; no one ever left empty-handed. What a beautiful, generous soul. This is truly a huge loss."