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Subrata Roy

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Subrata Roy Sahara
File:Subrata Roy Sahara.jpg
Born (1948-06-10) 10 June 1948 (age 76)
Araria, Bihar, India
NationalityIndian
Occupation(s)Founder and Chairman of the Sahara India Pariwar
Years active1978 – present
Known forOwner of Pune Warriors India, Grosvenor House, Aamby Valley City, Plaza Hotel
SpouseSwapna Roy
Children2
Websitewww.sahara.in/saharasri/

Subrata Roy Sahara (Bengali:সুব্রত রয় সাহারা; Hindi:सुब्रत रॉय सहारा; born 10 June 1948)[1] also known as Saharasri[2] is an Indian businessman who is the founder and chairman of the Sahara India Pariwar.[3][4] He also owns Pune Warriors India, London's Grosvenor House, Newyork's Plaza Hotel, Aamby Valley City and has 42.5% stake in Force India.

He is named among the 10 Most Powerful People of India by India Today.[5] His residence is in Lucknow, Uttar Pradesh. Subrata Roy Sahara founded Sahara India Pariwar in 1978.[6] In 2004, the group was termed by the Time magazine as ‘the second largest employer in India' after the Indian Railways.[7]

Family and background

Subrata Roy was born in Bihar in 1948 to Sri Sudhir Chandra Roy and Srimoti Chhabi Roy. Sri Sudhir Chandra was a mechanical engineer with a transferable job and Srimoti Chhabi Roy is from Bikrampur, Bangladesh. Srimoti Chhabi Roy with her brothers migrated to West Bengal in 1947 during Partition of Bengal.[8] Subrata Roy studied at Holy Child School in Kolkata and later studied mechanical engineering at Benaras Hindu University. Sahara started his first business in Gorakhpur.[9][10]

Philosophy of work

He has propounded the corporate philosophy of ‘Collective Materialism’,[11] that advocates collective growth through collective sharing and caring. Roy promotes sports at international to regional level. The Sahara group is a sponsor[12] of Indian Cricket Team, Indian Hockey Team and has adopted 91 sportsmen belonging to the four Indian Olympic disciplines of Boxing, Wrestling, Archery, Shooting and Track & Field.[13] The Group also organizes ‘Sahara India Sports Awards' to felicitate the achievement and efforts of Indian sportspersons in their respective fields and provide recognition to the upcoming young talents.

Business career

His journey with the Sahara Group began in 1978 with an initial asset base of just USD 43. From there, it went on to become the largest conglomerate of India with a diversified range of business interests. Before Subrata Roy founded the Sahara Group, he had already gathered 32 years of precious experience in business development along with 18 years of experience in real estate business.

Real Estate

The flagship real estate project Sahara City Homes chain of townships is proposed to be across 217 cities in India.[14] Recently it has launched Sahara Grace brand Phase II which is an outcome of the success achieved by Phase I its of residential complex at Kochi.[15] 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 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.[16]

Sahara is constructing an eco-friendly self-contained residential city called Aamby Valley City in Maharashtra near Mumbai Pune Expressway. The city is spread over 10000 acres of land.[17]

Media

Subrata Roy Sahara owns the national Hindi News Channel Samay, 36 city specific regional news channels Sahara Samay, Sahara One- general entertainment channel and a Hindi movie channel Filmy.[18] Sahara Samay received the "Broadcast Engineering Excellence Award" in 2008 for its network newsroom technology.[19] Sahara has recently launched Firangi channel which is positioned as World Television in Hindi.

Subrata Roy Sahara owns one national weekly magazine in English, 7 editions of Hindi Daily Newspaper Rashtriya Sahara, nine editions of Urdu Daily Newspaper Roznama Rashtriya Sahara and one International Urdu Weekly, Rashtriya Sahara[20]

Film

Subrata Roy Sahara is engaged in business of producing, marketing and distribution of motion pictures in Hindi and other regional Indian languages. Its successes include Bewafaa, Page 3, Sarkar, No Entry, Wanted.[21] In September 2010, the company was in talks to acquire MGM Studios, but the deal collapsed.[22][23] Sahara is willing to try again to take over MGM.[24]

Subrata Roy Sahara is creating a Film City to provide film-makers with everything they need to make films, television software and commercials. The existing infrastructure of Film City will be renovated and equipped with the latest technologies and facilities.

Tourism

Subrata Roy Sahara has launched Sahara Global - an integrated travel and tourism service provider for domestic and international services.[25][26]

Health care

Subrata Roy Sahara owns a hospital in Lucknow. The hospital was opened in 2009. This hospital got operational in February 2009 and is currently operating with approximately 350 beds, including 120 bed in critical care infrastructure and expandable to 554 beds. It is spread over 31 acres of land. As a multispeciality and tertiary care destination, Sahara Hospital offers a high order of integrated quality healthcare with the availability of all super specialities and latest diagnostic facilities under one roof. [27]

Hospitality

Subrata Roy Sahara owns the hotel Sahara Star in Mumbai, a 5-star hotel spread over 7.42 acres, adjacent to the Mumbai domestic airport. Currently it has 210 guest rooms, 13 suites and 9 restaurants. It contains World's largest pillar-less clear-to-sky dome of its kind,[28] world's first hemisphere-shaped glass elevators,[29][30] marine aquarium, lagoon area, inward and outward facing rooms, glass roof rooms, parking and shall have amenities like Sahara Health and Wellness Centre, multi-cuisine restaurants and preview theatre. The group also owns the Grosvenor House Hotel, London (UK)[31] and New York's landmark Plaza Hotel.[32]

Social Services

He is working towards health, education and nutrition programs for children and women, adult literacy and vocational training initiatives. Under his Mobile Health Care (MHU) program,[33] Sahara India Pariwar through its 52 Mobile Healthcare Vans (each equipped with doctors, pharmacists and medicines) is providing free primary health care to the extremely remote and backward areas in 7 districts of India. His group is working for the rehabilitation of physically challenged people and mass marriage ceremonies of 101 underprivileged girls on an annual basis.[34] Support for National Cadet Corps[35] (NCC) also forms a part of Sahara’s universe of concern.

Awards and honors

Subrata Roy Sahara recently got Indian Business Icon of the Year Award[36] at Powerbrands Hall of Fame Awards function at London for his entrepreneurship and achievements in various fields. The award was jointly presented to him by Ruby Dhalla, Priti Patel and Arindam Chaudhuri. He has been also rewarded with Lakshya-2010 Business Visionary Award[37] for his excellence in managing his organization with proficiency. He has been the ITA – TV Icon of the Year 2007. He has received the Global Leadership Award in 2004. He was also awarded with Businessmen of the Year Award in the year 2002, the Best Industrialist Award in the year 2002 and the National Citizen Award in the year 2001 for his entrepreneurship skills. He won the Academy Award in Indian Television Academy Awards for his contribution to Indian Television. Recently he has been awarded with honorary degree of D. Litt. by Lalit Narayan Mithila University, Darbhanga.[38]

See also

References

  1. ^ "Sahara India Pariwar". Sahara.in. Retrieved 12 September 2011.
  2. ^ "Sahara India Pariwar". Sahara.in. Retrieved 12 September 2011.
  3. ^ "Owner of Pune Warriors runs Sahara India Pariwar as managing worker". THE AUSTRALIAN. 6 May 2010. Retrieved 12 September 2011.
  4. ^ "Subrata Roy Sahara". businessweek.com. Retrieved 12 September 2011.
  5. ^ "High and Mighty-2012". Indiatoday.intoday.in. Retrieved 7 April 2012.
  6. ^ "Subrata Roy Sahara". businessweek.com. Retrieved 12 September 2011.
  7. ^ Perry, Alex (6 December 2004). "A Tale of Two Indias". TIME. Retrieved 5 August 2011.
  8. ^ <http://www.thedailystar.net/newDesign/news-details.php?nid=235474>
  9. ^ <http://timesofindia.indiatimes.com/city/calcutta-times/Im-serious-about-Tollywood-Subrata-Roy/articleshow/47318861.cms>
  10. ^ <http://www.newagebd.com/detail.php?date=2012-05-24&nid=11326>
  11. ^ "Wearing Nationalism On His Sleeve". Business Standard. 18 September 2002. Retrieved 12 September 2011.
  12. ^ "Sahara to sponsor Team India". Times of India. 31 May 2010. Retrieved 12 September 2011.
  13. ^ "Sahara takes 15 shooters under wings - Times Of India". Articles.timesofindia.indiatimes.com. 21 October 2009. Retrieved 5 August 2011.
  14. ^ Sahara lines up Rs 800 crore for each City Home, Rediff.com, August 8, 2006
  15. ^ Sahara Grace launched phase II, IBNlive, September 16, 2011
  16. ^ Sahara Group enters real estate, Economic Times, February 5, 2008
  17. ^ THE GOOD LIFE, INDIA TODAY, February 15, 2008
  18. ^ "Samay - National News Channel". Sahara India Pariwar. Retrieved 13 August 2012.
  19. ^ Samay bags international honour, ECONOMIC TIMES, April 6, 2005
  20. ^ Sahara plans three weekly newspapers, rediff.com, February 1, 2003
  21. ^ Sahara One Motion Pictures - a banner in the right direction, IndiaGlitz.com,September 5, 2006
  22. ^ Indian Congolomerate In Talks About MGM Bid, Reuters, September 18, 2010
  23. ^ Sahara Says MGM Studio Creditors Reject $2 Billion Bid, Google.com, September 24, 2010
  24. ^ Sahara Still Committed to Finalizing MGM Bid, Hollywood Reporter, September 29, 2010
  25. ^ Sahara Global launches travel show
  26. ^ Sahara Global launches 'Celebrate Life'
  27. ^ Nawabi Entry in Healthcare, Express Healthcare, April 1, 2009
  28. ^ Sahara group forays into hospitality sector, DNA, Jun 19, 2007
  29. ^ Sahara group forays into hospitality sector, DNA, Jun 19, 2007
  30. ^ Sahara Star Hotel Mumbai Airport, mumbaiairporthotel.com, Jun 11, 2010
  31. ^ Sahara buys UK hotel for Rs 3,275cr, Times of India, December 31, 2010
  32. ^ http://www.hindustantimes.com/business-news/CorporateNews/New-York-s-Plaza-Hotel-sold-to-Sahara-for-570-million/Article1-905742.aspx
  33. ^ "Sahara announces four welfare schemes". INDIAN EXPRESS. 31 March 2011. Retrieved 5 August 2011.
  34. ^ "101 vivaah aise bhi". TIMES OF INDIA. 15 February 2010. Retrieved 5 August 2011.
  35. ^ "NCC Scholarships". SAINIK SAMACHAR. 1 April 2003. Retrieved 5 August 2011.
  36. ^ "Grand lounch of Powerbrand". indianfoline.com. 15 December 2011. Retrieved 16 December 2011. {{cite web}}: Unknown parameter |rel= ignored (help)
  37. ^ "Saharasri felicitated with 2010 Business Visionary Award". indlive.com. 23 October 2010. Retrieved 23 October 2010.
  38. ^ "Mithila varsity confers D Litt on Subrata Roy - Times Of India". Articles.timesofindia.indiatimes.com. 17 May 2011. Retrieved 5 August 2011.

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