Sahara India History :
One of India’s most popular success stories that have been not just been looked up to, but made ordinary people try and reach for similar heights of success, is that of sahara india pariwar:
i) This heritage started way back in the year 1978, in Gorakhpur; with 15 dependents of his own to support
ii) sahara india history has it that Subroto Roy was responsible for this venture, on a modest scale, with barely 3 workers, and one small office
iii) Chief area of operations of sahara india was that of para-banking, that thrived on deposits of small amounts
iv) sahara india bank was basically a small savings institution, with an initial capital investment of a mere 22.50 pounds
v) It is presently operating in many areas, such as entertainment, aviation and media; and is headed by Subroto Roy
vi) At present, almost 28 years later, sahara india is a name to reckon with, through business in entertainment and sports, (via sahara india team), both nationally and internationally; and its sahara india history is a true inspirational story
Area Of Operations, Are Varied And Include Entertainment, Infrastructure, Sahara India Bank Etc:
i) Finance: there are three core sectors that sahara focuses on life insurance products / mutual funds / and housing finance
ii) Infrastructure support, through housing projects
iii) Entertainment: that includes TV channels, movies, TV shows, serials etc
iv) Manufacturing and sale of consumer products are just some of fields that they now operate in, as opposed to when they started way back, as mentioned in sahara india history.
v) Pariwar has also extended its operations in cricket, through sahara india team in IPL
vi) Its investment in sahara india team has also generated significant revenues
Sahara India Bank Operations, As Well As Other Finance Operations:
i) Its operations in banking via sahara india bank are primarily that of para-banking; which is basically related to accepting of deposits of small amounts; this has been their main area of operation, as stated in sahara india history.
ii) The core area of operations is that of residuary non-banking, and comprises a plethora of activities; including that of receiving money as deposits in any form; as well as lending.
iii) Besides above, sahara india also deals in finance operations of mutual funds and life insurance.
iv) Other types of finance operations, apart from sahara india bank functions, are that of sahara india housing finance etc.
Sahara India Team And Its Foray Into Sports:
It has recently ventured into sports, through its purchase of a team in Indian Premier League. Sahara india team that has been purchased by them, is known as sahara pune warriors.