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. One of the last times Sahara Airline was in the news was for
its merger with Jet Airlines. The deal was almost called off a few times
however, in the end the two airlines did merge and Sahara became JetLite
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".
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