Sahara India Group Explores UAE Investment Opportunities
Indian conglomerate Sahara India Group has announced its intention to explore business prospects within the United Arab Emirates. Subrata Roy, the chairman of Sahara, will personally spearhead the initiative in the UAE, focusing on prospective projects across diverse sectors.
Sahara's Diverse Portfolio and Expansion Plans
Sahara India Group boasts a self-proclaimed market value exceeding fifty billion dollars and maintains a diversified portfolio encompassing finance, real estate, media and entertainment, tourism, and various service industries. During his visit, Roy will engage with prominent business leaders and industrialists, examining numerous large-scale projects currently underway in the UAE. According to company spokesperson Abhijet Sarckar, "The focus of his visit will be on discovering business and investment opportunities in UAE as well as in India."
Sahara's Real Estate Presence in India
Sahara has cemented its position as a major player in India's real estate sector and possesses an extensive land bank, developing two hundred seventeen townships across the country. These townships vary in size from 100 to 300 acres each, showcasing the company’s ambitious scale of operations within the real estate domain. In the media and entertainment sector, Sahara owns and operates three entertainment television channels, a national news channel, an impressive network of thirty-six regional news channels, and also publishes a variety of newspapers and magazines spanning Hindi, English, and Urdu languages.