Rajan Raheja

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Rajan Raheja
Born Rajan Biharilal Raheja
1953 (age 64–65)
Residence Mumbai, India
Nationality Indian
Alma mater Bombay University
Occupation Chairman of Rajan Raheja Group
Net worth US$3.0 billion (April 2017)[1]
Spouse(s) Suman Raheja
Children 2 sons
Parent(s) Beharilal S. Raheja
Relatives Chandru Raheja (cousin)

Rajan Raheja (born 1953) is an Indian billionaire businessman who lives in Mumbai.

Early life[edit]

Rajan Beharilal Raheja was born in 1953, the son of Dr. Beharilal S. Raheja.[2]

His cousin Chandru Raheja is also a billionaire.[3]

Career[edit]

Rajan Raheja started his career in the construction business. After building a huge presence in the realty market, his Rajan Raheja Group diversified into manufacturing, financial services and media — each venture initiated to assume leadership in core areas. The group is a major media player in India, being the owners of Outlook magazine. They also have a significant stake in the growing convergence business in India, through Asianet Satellite Communications Ltd. and Hathway Cable & Datacom Ltd. He is of Sindhi origin.[4]

Rajan Raheja group companies[edit]

Starting as a construction and real estate development company, the Raheja group now covers a range of business ventures. They include:

Manufacturing companies[edit]

  • Prism Cement Ltd., with two cement units, has a combined production capacity of 6.0 million tonnes. Having two divisions namely
  • H&R Johnson (India) Ltd., the top name in ceramic tiles in India.
  • RMC Readymix (India) Pvt. Ltd. was set up in 1996 as a joint venture of the Raheja group with RMC Group Plc of the UK. It is now a division of Prism Cements Ltd. It operates 80 ready-mixed concrete plants in 27 cities/towns across India and is the third-largest concrete manufacturer in the country.
  • Exide Industries : is the strongest brand of batteries in the automotive and industrial field. Indian largest battery manufacturer. The Company has a distribution network comprising over 4000 dealer outlets.The Company has a market share of 72% of Automotive OEM and 70% of Organized Retail. The Company also manufactures submarine batteries.
  • Supreme Petrochem Ltd. is a joint venture of the Raheja group with Supreme Industries Ltd., the largest processor of plastic materials in India.

Media[edit]

Insurance[edit]

  • Raheja QBE : General insurance company
  • JV with ING in financial services. Later fully acquired by Exide Industries.Now it is called Exide Life Insurance Company Limited.

Retail and wholesale[edit]

Software[edit]

Personal life[edit]

He is married to Suman, and they have two sons, Akshay and Viren, and live in Mumbai.[2]

References[edit]

  1. ^ "Rajan Raheja". Forbes. Retrieved 17 April 2017. 
  2. ^ a b Geoff Hiscock (2008). India's Global Wealth Club: The Stunning Rise of Its Billionaires and Their Secrets of Success. John Wiley & Sons. p. 193. ISBN 978-0-470-82238-8. Retrieved 17 April 2017. 
  3. ^ Geoff Hiscock (2008). India's Global Wealth Club: The Stunning Rise of Its Billionaires and Their Secrets of Success. John Wiley & Sons. p. 250. ISBN 978-0-470-82238-8. Retrieved 16 April 2017. 
  4. ^ Vora, Rutam (1 April 2016). "Tongue-tied in Sindhi". The Hindu. Retrieved 9 August 2016.