Founded by Ashok Kumar Malhotra in 1956 with a humble bookstore in Punjab, MBD Group has blossomed into a diversified conglomerate spanning education, printing, edtech, hospitality, malls, realty, design and construction, food & beverage, and more, both in India and overseas.
With a vision to provide education to all, MBD Group is a pioneering force in the edtech sector, offering comprehensive learning solutions like AASOKA, a personalised learning platform revolutionising education delivery.
In the hospitality sector, MBD Group’s Radisson Blu MBD Hotel in Noida set new standards for luxury and service. Expanding its footprint, the group launched the Radisson Blu Hotel MBD Ludhiana and partnered with Steigenberger to manage luxury hotels. Additionally, the group introduced MBD Express, a mid-market hotel brand, aiming to establish 100 hotels in the next five years.
Diversifying into retail, MBD Neopolis Mall in Ludhiana and Jalandhar redefine shopping experiences with premium brands, dining options and entertainment, while MBD Design & Build excels in construction projects both domestically and internationally. MBD Group’s journey embodies innovation, excellence and a commitment to shaping diverse industries for the better.
On challenges, Joint Managing Director of MBD Group, Sonica Malhotra Kandhari, says that having a good team and retaining them are the challenges, but to retain the talent in the company, you need growth, which will provide some longevity to them.