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The Rs 50,000-Crore Empire

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The Rs 50,000-Crore Empire
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Parabanking Sahara India Financial Corp. Ltd is India's largest public deposit mobilisation company in the private sector. Claims 61 million depositors, that is, one in every 17 Indians. Minimum deposit: Re 1 a day, or Rs 5 a month.

Information Technology Setting up a 6,000-branch network with 24-hour satellite connectivity, to deal with e-commerce, e-learning, money transfer, video conferencing, and TV delivery through broadband.

Power Plans to set up power projects in various parts of India with total installed capacity of 3,000 MW. These mega power projects have been planned to be executed in three phases of 1000 MW each over a period of 6 years.

Life Insurance Sahara India Life Insurance Company Ltd is the first wholly Indian insurance company, with an initial paid up capital of Rs 157crore. Has launched four schemes.

Housing Finance Sahara Housing Finance Company currently operates in some big cities and plans to extend its reach across the country.

Media And Entertainment Sahara has over 50 films in production, plans to build 230 three-screen multiplexes around the country, is building a 100-acre Film City. It has several national and regional news and entertainment TV channels, and print publications in English, Hindi and Urdu.

Aviation Air Sahara flies 20 aircraft and four helicopters, operating 121 flights with more than 300 connections each day offering 11,900 seats daily. Air Sahara also started international flights in March 2004.

Housing Sahara plans to build the world's largest chain of townships in 217 cities, over 27,125 acres of land, with a residential built-up area of more than 1 billion sq ft, and commercial built-up area of 33 million sq ft.

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