Illustration by Chris Burke for The National
Illustration by Chris Burke for The National

K Rajaram: the real deal when it comes to Porsche sales



K Rajaram once bought every ticket for a showing of Schindler's List at the Odeon Kensington cinema in London for himself and his friends.
"I was one of the only guys in the movie theatre who watched what I thought was one of the greatest movies ever made," he says. "It was just fascinating."
Upon hearing this anecdote, two things are immediately clear about Mr Rajaram, the chief executive of Al Nabooda Automobiles.
The first is that he can be extremely extravagant - the meeting room on the way into his office is reminiscent of a nightclub, complete with dimmed glitzy lights.
And the second is that he has great taste in films.
"I bought every single ticket. It was a question of timing and one of my friends knew the guy who ran the Odeon and he put on an extra show for us."
The K in K Rajaram is the initial of his father's name, which he says is too long to disclose. But his West Highland terrier's passport also has the name K Rajaram on it and in this instance, the K stands for Kuddles.
In November, Mr Rajaram will open the world's biggest Audi showroom and his company is also building a shiny new outlet for Porsche. Al Nabooda sells Porsche, Audi and Volkwagen cars in Dubai and the Northern Emirates.
He is the best-selling Porsche dealer in the world and, in total, Al Nabooda is spending nearly Dh1 billion (US$272.2 million) on new showrooms and facilities around the country over the next two and a half years.
But does he really need the biggest Audi showroom in the world?
"Have you not seen this map?" he replies, with more than a hint of sarcasm, pointing to the map behind him in his office. It is the planned map of Dubai before the property downturn, complete with three different palms, a sprawling Dubai Land development and something called The Universe that winds around The World project.
It is more a warning than a map. A souvenir of the halcyon days of excess financing and property boom.
"You have the waterway, which then disappeared, it's got the islands and the third Palm," he says.
"We give it to a lot of our friends as a gift so they remember what Dubai should have looked like."
Mr Rajaram speaks with much animation, gesticulating and letting his voice rise and fall like an actor on stage pursuing a dramatic point. He is a big man but softens his appearance with a red handkerchief.
He says, from a business perspective, Al Nabooda needs a huge Audi showroom because, where the company used to sell four models, it now offers 17.
"Let me put it this way, we are the largest Audi dealer in the entire region," he says. "By far the largest. Now, Audi also needs us to put up a showroom for the region and world. We can't turn round to the customer and say, 'Come and have a look at [the car] in my stockyard.' Not when he is paying Dh300,000 for the car."
Mr Rajaram is a loyal buyer of his brands, owning at least one of each. Family members are not allowed to buy a rival brand. He snorts at the notion of owning anything other than Volkswagen, Audi or Porsche.
"Never, never. And nor is my family allowed to touch one. Never," he says, reminiscent of Winston Churchill giving one of his classic wartime speeches.
"In my three brands, I have everything that the world needs, whether it is an SUV car, a saloon car, or a sports car," he says. "Why do I need to go out?" But he does go out and about using other vehicles, only they sport two wheels - he is passionate about cruiser motorcycles.
"Until the year before last, I had nine. I'm now down to three. I've kept only the three, which are close to my heart or have a story to tell."
He shows the Honda Valkyrie Rune on his computer screen. It looks imposing. So much so, his wife, who bought him the bike for his 50th birthday, calls it Judge Dredd's bike, after the comic-book character of the same name.
"The other one I kept is a Harley-Davidson Fat Boy, mainly because that bike I built from the ground up. It does not look like the Fat Boy at all," he says. "And the last bike I kept was a BMW because I just love the way it runs."
But at 57, Mr Rajaram has been told by his doctor to curb his passion for riding bikes.
"The decisions you can make at 140km at 35 years old are a little different from the decisions you make when you are 55 years old," he says ruefully.
"It takes you that fraction of second longer and that is the fraction of a second you don't have on a bike. That's the difference between life and death."
Born in Mumbai, where his father was the managing director for American Pharmaceutical Company, at 18 Mr Rajaram went to train as a metallurgical engineer in Chennai before returning to Mumbai to study for an MBA.
After graduating, he began working for a company that was asked to run Budget Rent A Car in Muscat. The local Omani partner also sold Volkswagen and Audi cars and Mr Rajaram was soon asked to run the flagging dealerships. "I was there for 16 years until 1996," he says.
Mr Rajaram was about to head back to India to set up an Audi and Volkswagen dealership in Mumbai when he had a chance encounter with Khalid Khalifa Al Nabooda, the managing director of Khalifa Juma Al Nabooda Group, the parent company of Al Nabooda Automobiles.
"He said, 'Why don't you stay back for a couple of years?' and that's it, three years has now become 15. It's not a job any more, this is my family ."
Mr Rajaram is now largely hands-off in running the dealerships. But a few weeks ago, he closed the showrooms and took all 900 staff on a team-building day. But he leaves the daily stuff to his staff.
"You have a . general manager and pay him Dh100,000 a month for what?" he says. "He's got to get on and do his job. I would not like someone breathing down my neck."
Al Nabooda buys 700 to 800 cars a month at an average of Dh300,000 each, as the dealership tries to keep up with demand. If you order a Porsche Cayenne today, you will not get it until March, the car is so popular.
Mr Rajaram taps a huge lighter on the deskas he explains he used to smoke about 60 cigarettes a day but now only puffs the occasional cigar.
"One day I said enough was enough. I don't want to [smoke] any more," he says. "I distinctly remember we were on holiday in Langkawi [in Malaysia] and when I was checking out of the Four Seasons, I left the cigarettes on the table and just walked out."
It is another insight into the fierce drive of the man who rules the world - at least when it comes to selling Porsches and showing Audis.
rjones@thenational.ae
twitter: Follow and share our breaking business news. Follow us
iPad users can read the digital edition of business section as it was printed via our e-reader app. Click here

Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20HyveGeo%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Abdulaziz%20bin%20Redha%2C%20Dr%20Samsurin%20Welch%2C%20Eva%20Morales%20and%20Dr%20Harjit%20Singh%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ECambridge%20and%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3ESustainability%20%26amp%3B%20Environment%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%24200%2C000%20plus%20undisclosed%20grant%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVenture%20capital%20and%20government%3C%2Fp%3E%0A
SCHEDULE

December 8: UAE v USA (Sharjah Cricket Stadium)

December 9: USA v Scotland (Sharjah Cricket Stadium)

December 11: UAE v Scotland (Sharjah Cricket Stadium)

December 12: UAE v USA (ICC Academy Oval 1)

December 14: USA v Scotland (ICC Academy Oval 1)

December 15: UAE v Scotland (ICC Academy Oval 1)

All matches start at 10am

 

Three tips from La Perle's performers

1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.

2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.

3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.

UAE v IRELAND

All matches start at 10am, and will be played in Abu Dhabi

1st ODI, Friday, January 8

2nd ODI, Sunday, January 10

3rd ODI, Tuesday, January 12

4th ODI, Thursday, January 14

Starring: Jamie Foxx, Angela Bassett, Tina Fey

Directed by: Pete Doctor

Rating: 4 stars

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
MATCH INFO

Manchester City 3
Danilo (16'), Bernardo Silva (34'), Fernandinho (72')

Brighton & Hove Albion 1
Ulloa (20')