INDEL CORPORATION, Indel Corporation is a dynamic and unique investment corporation, having a paid up capital of INR 250 Cr, headquartered in Mumbai. With the corporate office located in kochi, indel corporation, has INR 2,500 Cr worth of assets under management and with a turnover od INR 1,500 Cr. This investment corporation mainly focuses in strategic investments in diversified sectors. Our key strategy is diversified investment portfolio which includes financial services, automotive, hospitality, Agriculture, infrastructure, construction, communication, media and entertainment.

INDEL – an acronym for INDian Elements, stands for values born out of the womb of our great civilization.


Palliyil Janardhanan Nair, Pee Jay as he was popularly known, was one of the first batch of pilots of the then Bharat Airways[ which was subsequently consolidated to form the Indian Airlines]. After a brief stint at Tata Tea, heading the Assam plantations, PeeJay moved to the Middle Eastern state of Kuwait, in the early 70’s. There he joined a local family owned conglomerate- the Al Mulla Group, as its Commercial Director. He played a stellar role in taking the Group to the zenith of growth and was instrumental in them securing dealerships for popular brands such as Mitsubishi.

In the mid 80’s, he returned back to India after a series of successful assignments in Kuwait and decided to set up a business to help the down-trodden in his native place. With the intention of providing financial support to the needy, our founder, Late PJ Nair, secured a license under the Kerala money Lenders Act and set up a small business in the town of Palakkad, Kerala. This marked the beginning of our journey in the financial services sector. With a customer-centric approach to business, the group diversified into Hospitality, Agriculture, Construction, Communication & Media services, Infrastructure & Contracting and Automotive retail.

Today, here we are making a mark in every business we are in and creating a new milestone in every step we take! We have embarked on a journey of setting benchmarks and surpassing excellence in every sphere of our activity.