Phoenix, Arizona (PRWEB) April 25, 2013
Yash Verma, older brother of Vermaland, LLC.’s CEO, Kuldip Verma, is going to be in Phoenix over the next few weeks looking at potential real estate investment opportunities. His main focus will be in the west valley, where Vermaland currently has the majority of its holdings.
Yash Verma is the founder and former CEO of Beltek Electronics, one of the largest Television manufacturers in India. Beltek was founded in 1972 and rapidly became one of the largest consumer electronic companies in India, being the first company to launch color televisions in India. Yash also found C-Net Communication in 1994, which offers complete solutions to broadcasters for the “Pay TV Channels” in India. Currently, he is involved in a joint venture with PepsiCo for their bottled water business, being the one to introduce Aquafina to India. In 2012, Yash launched PepsiCo’s version of Vitamin Water under the name of Wild Water in India.
Kuldip Verma is the founder and CEO of Vermaland, LLC., which is a land banking/land development company based out of Phoenix. Vermaland has the largest holding of 50-1,200 acre parcels in metro Phoenix. Vermaland has been involved in the development of residential and solar projects throughout the west valley. Earlier this year, Vermaland set up a charitable foundation and donated $1.2 million worth of real estate and cash to benefit underprivileged students and to build a Yoga retreat center
Both brothers worked for their family business, Beltek Electronics, from 1985 to 1990. Kuldip started as a director at Beltek, under the guidance and tutelage of his older brother, Kuldip was able to take responsibilities of all the major departments within the company and became the managing director of Beltek. He was awarded the Udhyog Rattan Award in Electronics, which is the highest award presented by the Vice President of India.
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