Poovar Island Resort is a venture of Floatels India Pvt. Floatels India Pvt was formed in the year 1999 by Mr.Kabeer Khader an NRI based in Dubai and Mr. M.R.Narayanan, a technocrat industrialist. Mr.Kabeer Khader, a chartered Accountant by profession has been successfully running business activities for the last 25 years in the Middle East involved in the area of Surface Preparation Equipments and materials for Refinery, Shipping and chemical factories.