Abhishek Parakkat, the well-known Parakkat Group ancestor, exemplifies all of the qualities and values that make ordinary people extraordinary success stories. So it is no wonder that this young star in business has been able to take out every obstacle on his way with his unwavering dedication and determination.
Parakkat Group, established in 1990, started its journey in 1990 when Prakash Parakkat, the Chairman of the Parakkat Group of Companies, began his journey into the ‘pure gold business’ by establishing two showrooms in Kalady as well as Sreemoolanagaram. In the short-long, Parakkat turned out to be the brand that fulfilled every person’s gold desires by providing the most modern designs with unbeatable quality and value.
The group found its niche in the year Prakash established their first “one grams gold layered ornament showroom in the heart of Ernakulam. It was a huge success, and if today the company has more than 100 showrooms around the globe, it’s due to a lot of determination and perseverance. In addition to the different districts in Kerala and cities such as Madurai, Mangalore, Bangalore, and New Delhi, there are showrooms in Dubai, Bahrain, Muscat, and Kuala Lumpur. The company gradually expanded into different companies under similar brand names Parakkat Software, Parakkat Jewels, Parakkat Nature Resorts, Parakkat Weddings, and Parakkat Software. Abhishek Parakkat is the child of Prakash Parakkat, currently manages the research and development division, and oversees all administration for his businesses. In the business world, it is more difficult to attain than growth is the ability to consolidate and sustain the work that has been done. This is why the B.Com graduate who has reached the top of the ladder early has to take on a significant obligation.
Born into a business family, Abhishek was always curious to learn about the diverse elements of the business. He always aspired to follow the steps that his father had followed and knew that this was the way to help the masses. At a very early stage, Abhishek always came up with a few offbeat business concepts and ideas, and his parents did not just give him an earful but also helped him in the most efficient way they could.
Abhishek believes that effective teamwork and communication are the keys to an effective result. He is adamant about delegating responsibilities to his staff and then training their staff to the maximum extent so that he can focus on creating fresh ideas and innovations. As a result, he stays at ease and calm and creates an atmosphere of positivity. Stability and creativity are the main pillars businesses are built on. He organizes his days according to a scheduled plan and routine, which allows him to make his execution not only easy but also efficient.
