About G G Prabhu


G G Prabhu

ggprabhu about us

G. Giridhar Prabhu was born in 1957 to Shri Gurpur Sadananda Prabhu and Smt. Rohini Sadananda Prabhu in the coastal town of Mangalore. He completed his schooling at St Aloysius Primary School and St Aloysius High School – SSLC Class of ’72. And then did his intermediate at St Aloysius PU College, 1972 -’74. He went on to pursue his graduate studies in Commerce from St. Aloysius College, Mangalore, 1974 – ’77.

His father G. Sadananda Prabhu was a pioneer in the cashew industry, having founded Consolidated Cashews in 1972. G. Giridhar Prabhu joined his father in the family business in 1977 and helped to expand it further. Achal Industries was established as a family business in 1981 with operations in their own facility at Baikampady. In 1983, Achal Cashews Private Limited was incorporated.

Phalguni Cashew Centre — an exclusive retail factory outlet — was established in 1983 and later expanded to 3 outlets. Seeing the demand for dried fruits and nuts, G. Giridhar Prabhu established four companies – Achal Industries Private Limited, Achal Cashews Private Limited, Achal Farm Products Private Limited and Achal Primenuts Private Limited. Currently, he serves as the Chairman-Executive of Achal Industries Pvt. Ltd., as well as three other companies.

Contributions to the Cashew Industry

G. Giridhar Prabhu has transformed Achal Industries into one of the most modern manufacturing cashew facilities in the country. Under his leadership, it has become one of the first units recognized for In-process Quality Control by the Export Inspection Agency of India and the World’s First ISO 22000:2005 certified Firm by BVQI.

G. Giridhar Prabhu is specialized in all aspects of the Cashew Nut industry and has submitted various proposals and papers to the Ministry of Commerce and Ministry of Agriculture. He has provided significant inputs to the Government of India through The Cashew Export Promotion Council to expand the area and production of raw cashews which is a vital input to the Cashew Industry. He is also deeply interested in technical matters related to packaging and control of pesticides as well as promotion.

Contributions in the Financial Sector

G. Giridhar Prabhu has studied interest rate distortions, anomalies and aberrations in the Indian Financial Sector and has provided analysis and policy options in the form of 23 papers to the RBI and Government.

He authored a book titled “Interest Rates in India: Towards Harmony” in 2015. This book contains commentary on the Monetary and Credit Policy of the Reserve Bank of India and Government of India with articulation for having harmony in Interest Rates in India from a citizen’s perspective.

He has also submitted several Banking Sector policy proposals for economic revival, Fiscal Deficit reduction, Public Sector reform, strengthening the Financial Sector and Agenda for Governance.

As President of the Kanara Chamber of Commerce & Industry (KCCI), Mr Prabhu has piloted the promotion of the Mangalore Special Economic Zone. The Kanara Chamber of Commerce was accorded In-principle Approval on the recommendation of the Government of Karnataka.

Active Positions, Activities & Responsibilities

  • Chairman-Executive of Achal Industries Pvt. Ltd.
  • Director of Achal Cashews Pvt. Ltd.
  • Director of Achal Farm Products Pvt. Ltd.
  • Director of Achal Primenuts Pvt. Ltd.
  • Chairman of ERC Trust – A Center for Economics Study and Research
  • Involved in preparing VISION 2020 for the Committee of The Cashew Export Promotion Council of India
  • Member of the Sub-Committee Panel for Quality Assurance & Nutrition Studies of The Cashew Export Promotion Council of India
  • Initiated the Mangalore SEZ at KCCI – from conceptualization to establishing the company
  • An active member of various Trade Bodies
  • Visiting Faculty at Management Institutes and Guest Lecturer at several Colleges and Universities

Past Positions, Activities & Responsibilities

  • Member of the Steering Committee on Cashew under the Chairmanship of the Secretary (Agriculture & Cooperation), Government of India, Ministry of Agriculture (August 2000 – July 2008)
  • Member of Konkan Railway Users’ Consultative Committee
  • Hon. Secretary of the Kanara Chamber of Commerce & Industry, Mangalore for 4 years
  • Editor of the Journal of KCCI for 10+ years and Treasurer for 2 years
  • President – Kanara Chamber of Commerce & Industry, Mangalore (2001 – 2003)
  • President of the Mangalore Cashew Manufacturers’ Association, Mangalore (Now known as the Karnataka Cashew Manufacturers Association)
  • Vice-Chairman of The Cashew Export Promotion Council of India (CEPCI) 1996 & 1997 & Committee of Administration of the CEPC of India (1987-1997)
  • Participated in Trade Delegations as a member of the Indian Cashew Development Council
  • Played an active role in the Cashew Nut Development Programme across India
  • Participated in over 15 International Conferences as Guest Speaker and Chairing Panels

Areas of Experience

  • Small Scale Industries
  • Manufacturing Operations
  • External & Internal Trade
  • Handling Diverse State and Central Enactments
  • Working Capital Management
  • Quality Development Including Systems
  • Trade Associations
  • Organic Projects
  • Banking and Finance
  • Budgets and Macro Economics

Awards & Honors

– ACHAL Industries won the Best Supplier Award from Rapunzel AG for 2 years in a row

– ACHAL Industries won the KCCI and CEPCI Best Award for Export of CNSL and Cashew Kernels