Subroto Roy Profile: Sahara India Pariwar

Subroto Roy Profile
Achievement: Chairman of the Sahara Group Subroto Roy, is the head of the $10bn (5.5bn) Sahara Group. Sahara Group has interests in banking, aviation, media and housing. Subroto Roy began his journey in 1978, when he founded Sahara in 1978 with three workers in the northern state of Uttar Pradesh as a small deposits para-banking business. Today, the group has diversified into a giant business conglomerate with interests in housing, entertainment, media and aviation. Sahara Group presently runs a private airline,entertainment and news television channels, a newspaper, and claims to own some 33,000 acres of real estate across India. It also sponsors the Indian cricket and hockey teams and intends to move into life insurance, housing finance, consumer products, sportswear, and healthcare. Sahara Group has come up with one of the most prestigious real estate projects in India, namely Amby Valley Project. The project boasts some of the biggest name in Indian entertainment and sports arena as well as some former international Olympic medal winners as its brand ambassadors. Sahara Airline was recently in news for its merger with Jet Airlines. But the deal fell through. Sahara Group has a huge complex in Lucknow, Uttar Pradesh. The complex is known as Sahara City. Subrato Roy is famous for his flamboyant lifestyle. The wedding of his two sons became talk of the town. The who's who of Indian elite attended it and its expenditure ran into hundreds of crores. Subroto Roy calls himself as the group's "chief guardian".
Sahara India Pariwar

Sahara India Pariwar is a multi-business conglomerate with diversified business interests that include Finance, Real Estate, Media & Entertainment, Tourism & Hospitality, and Services & Trading. Under its finance businesses Sahara operates in Parabanking, Life Insurance, Mutual Funds and Home Loans sectors. Sahara has ambitious plans to expand its Life Insurance business aggressively. Sahara Mutual Fund has recently been credited with three remarkable achievements across its diverse equity funds portfolio by a study conducted by fund tracker Lipper, a Reuter company. Its Sahara Infra Fund-Variable Price Growth Option has been ranked fifth globally, Sahara Tax Gain Fund-Growth has been ranked among worlds top 10 equity funds and its Midcap Fund- Growth has been ranked among worlds top 100 equity funds. Under its real estate business Sahara has developed various commercial as well as residential projects which include premium townships, group housing projects, malls, retail spaces, hospitals, hotels, to name a few. Sahara is also credited with the development of the Aamby Valley City, near Mumbai. Under the flagship real estate project Sahara City Homes chain of townships is proposed to be developed across 217 cities in India. The construction work of Sahara City Homes townships in many cities like Lucknow, Nagpur, Indore, Ahmedabad, Gwalior, Jaipur, Coimbatore, Aurangabad and Solapur is in progress. Recently Sahara has launched its Sahara Grace brand of residential complex at Kochi. After Sahara Grace at Gurgaon and Lucknow the Kochi project is the third under this brand which is
positioned to provide a product mix of apartments and penthouses and many value-added facilities & amenities to its residents. Other ventures of Sahara real estate business are Sahara States Lucknow, Gorakhpur, Hyderabad and Bhopal, Brand malls Sahara Ganj, Lucknow and Sahara Mall, Gurgaon. In Media & Entertainment business Sahara is an important player. Under its banner it has a National Hindi News Channel Samay, bouquet of 36 city specific regional news channels Sahara Samay, Sahara One, general entertainment channel and a Hindi movie channel Filmy. Sahara has recently launched FIRANGI channel which is positioned as World Television in Hindi. With innovative programming and quality content, Sahara has developed itself as a strong player in the industry. The popularity of its channels extends beyond India, extending into Europe, North America and South America. In print industry Sahara has one national weekly magazine in English, 6 editions of Hindi Daily Newspaper Rashtriya Sahara, nine editions of Urdu Daily Newspaper Roznama Rashtriya Sahara and one International Urdu Weekly Under its Motion Pictures business, Sahara is one of Indias largest movie production houses in the business of producing, marketing and distribution of motion pictures in Hindi and other regional Indian languages. The division will market, release and distribute around 10 movies in 2008. The division has forward plans to position itself and lead the sector in a studio model similar to what we see in Hollywood. It aims to produce and distribute 25 to 30 movies per year Sahara is also foraying into animation and special effects space. It will provide offshore services as well as create IPRs in India for the global market. Sahara is all set to get into the exhibition segment, building cinemas across the country. Under its tourism business Sahara has launched Sahara Global - an integrated Travel & Tourism Service provider for domestic as well as International services. The business and service architecture is seamlessly built through cutting-edge technology, processes and a futuristic vision. The Sahara Pariwars latest foray is in the field of Life Insurance. The Pariwars life insurance company Sahara India Life Insurance Company Ltd.- has been granted licence by the insurance regulator the IRDA on 6th February 2004. With this approval Sahara India Life Insurance Company Ltd. becomes the first wholly and purely Indian company, without any foreign collaboration to enter the Indian Life insurance market. The launch is with an initial paid up capital of 157 crores. The Chairman of the company is Shri Subrata Roy Sahara who is also the Chairman of Sahara Pariwar.
Sahara Care House is well known for its various services that have been catering to the needs of its clients. Now we have ventured into the field of Network Marketing that is creating waves in the new age of Multi Level Marketing. We provide ample opportunity to our members for earning quick bucks in less time. As soon as you get associated with us you would be able to reap various membership benefits that are exclusively meant for our members. So, look no further and log on to: http://www.saharacarehouse.in/ and reap the rewards that await you. [edit]Controversies The Sahara Group was locked into a court battle with Jet Airways over the Rs. 2200 crore takeover of Air Sahara. Often charges are levied against the Sahara Group of being close to a particular political party in Uttar Pradesh.
Sahara India Pariwar
Type Founded Headquarters Key people
Private 1978 in Gorakhpur, India Lucknow, India Subrata Roy Sahara, Founder, Chairman & Managing Worker Finance, Real Estate, Media & Entertainment, Tourism & Hospitality, and Services & Trading.
Industry
Employees Website
910,000 [http://www.sahara.in

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Sahara India Pariwar

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Type Founded Headquarters Key people

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