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Rajan Raheja | |
|---|---|
| Born | 1953 (age 72ā73) |
| Nationality | Indian |
| Alma mater | Bombay University |
| Occupation | Chairman of Rajan Raheja Group |
| Net worth | US$3.0 billion (April 2017)[1] |
| Spouse(s) | Suman Raheja |
| Children | 2 sons |
| Relatives | Chandru Raheja (cousin) |
Rajan Raheja (born 1953) is an Indian billionaire businessman who lives in Mumbai.
Early life[edit | edit source]
Rajan Beharilal Raheja was born in 1953, the son of Dr. Beharilal S. Raheja.[2]
His cousin Chandru Raheja is also a billionaire.[3]
Career[edit | edit source]
Rajan Raheja started his career in the construction business. After building a huge presence in the realty market, his Rajan Raheja Group diversified into manufacturing, financial services and media ā each venture initiated to assume leadership in core areas. The group is a major media player in India, being the owners of Outlook magazine. They also have a significant stake in the growing convergence business in India, through Asianet Satellite Communications Ltd. and Hathway Cable & Datacom Ltd. He is of Sindhi origin.[4]
Rajan Raheja group companies[edit | edit source]
Starting as a construction and real estate development company, the Raheja group now covers a range of business ventures. They include:
Manufacturing companies[edit | edit source]
- Prism Johnson Ltd., having three divisions, namely - (i) Prism Cement with two cement units, has a combined production capacity of 7.0 million tonnes.
(ii)H&R Johnson (India) Ltd., the top name in ceramic tiles in India. (iii) RMC Readymix (India) Pvt. Ltd. was set up in 1996 as a joint venture of the Raheja group with RMC Group Plc of the UK. It is now a division of Prism Johnson Ltd. It operates 80 ready-mixed concrete plants in 35 cities/towns across India and is the third-largest concrete manufacturer in the country.
- Exide Industries : is the strongest brand of batteries in the automotive and industrial field. Indian largest battery manufacturer. The Company has a distribution network comprising over 4000 dealer outlets. The Company has a market share of 72% of Automotive OEM and 70% of Organized Retail. The Company also manufactures submarine batteries.
- Supreme Petrochem Ltd. is a joint venture of the Raheja group with Supreme Industries Ltd., the largest processor of plastic materials in India.
Media[edit | edit source]
- Outlook publications: a weekly political news magazine in India
- Asianet Satellite Communications: owns and operates a fibre optic cable network in Kerala
Insurance[edit | edit source]
- Raheja QBE : General insurance company
- Exide Life Insurance Company Limited : JV with ING in financial services. Later fully acquired by Exide Industries. Now it is called Exide Life Insurance Company Limited.
Retail and wholesale[edit | edit source]
- Tile Bazaar
- Globus (clothing retailer)
- Health & Glow
Hotels[edit | edit source]
Raheja group holds 36.75% in EIH associated hotels ltd
Software[edit | edit source]
Personal life[edit | edit source]
He is married to Suman, and they have two sons, Akshay and Viren, and live in Mumbai.[2]
References[edit | edit source]
- ā "Rajan Raheja". Forbes. Retrieved 17 April 2017.
- ā 2.0 2.1 Geoff Hiscock (2008). India's Global Wealth Club: The Stunning Rise of Its Billionaires and Their Secrets of Success. John Wiley & Sons. p. 193. ISBN 978-0-470-82238-8. Retrieved 17 April 2017.
- ā Geoff Hiscock (2008). India's Global Wealth Club: The Stunning Rise of Its Billionaires and Their Secrets of Success. John Wiley & Sons. p. 250. ISBN 978-0-470-82238-8. Retrieved 16 April 2017.
- ā Vora, Rutam (1 April 2016). "Tongue-tied in Sindhi". The Hindu. Retrieved 9 August 2016.
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