Sahara India, a reputed and diversified India based company which has wide range of business interest that includes Healthcare sector, Housing and Real Estate, Media and Entertainment, Consumer Products, Information technology, Finance, tourism, Hospitality, Finance, Mutual Funds, Life Insurance, City Development, and many others. This company was founded in 1978 and now it has become one of the renowned companies in India.
Sahara India is run by Subrata Roy Sahara who is Chairman of Sahara India. His hard work and dedication helped Sahara India to reach at such heights. He started Sahara India with three workers in Gorakhpur, Uttar Pradesh. The business he started was Deposits Par-banking business. Now this company is working in diverse fields. He has taken Sahara India to great heights. Time Magazine announced Sahara India to be the second largest company in India after Indian Railways in 2004.
The achievements of Sahara India are innumerable and acquisition of the iconic hotel, Grosvenor House in London is one of the great achievements by Sahara India. They acquired this hotel for 479 million pounds from the Royal Bank of Scotland Group Plc. This hotel includes 420 rooms, 74 suits, 27 meeting rooms that offers an incredible 4000 sq. meters. Of high quality space and also includes Europe’s largest and renowned hotel banqueting space, the Great Room. The eight banquet halls at this hotel can accommodate 4500 people at a time. The main motive of Sahara India behind this acquisition is to make Grosvenor House in London, a most sought after destination in London. Sahara India declared to add a number of restaurant and other facilities in this hotel. They also promised to include Indian restaurant, spacious night club, grand bar, swimming pool, a spa with parlor and many other attractions at Grosvenor House in London.
The hotel is located in the prominent prestigious locality of Park Lane in Mayfair in London which is an iconic landmark. The acquisition of Grosvenor house in London is a great achievement for Sahara India as this way it has established its foot - hold in the international luxury hotel market.
According to Subrata Roy Sahara,” It is a great achievement for Sahara India and he expressed his pleasure to announce Grosvenor House as a part of Sahara India family. The acquisition of Grosvenor House in London will be the great opportunity for Sahara India to set up some of its new business ventures out of India.
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