Rajan Raheja
| Rajan Raheja | |
|---|---|
| Born |
Rajan Biharilal Raheja 1953 (age 63–64) |
| Residence | Mumbai, India |
| 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 |
Akshay Raheja Viren Raheja |
| Parent(s) | Dr. Beharilal S. Raheja |
| Relatives | Chandru Raheja (cousin) |
Rajan Biharilal Raheja (born 1953) is an Indian billionaire businessman who lives in Mumbai.
Early life
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
Raheja made his start in the construction business. After building a huge presence in the realty market, his Rajan Raheja Group diversified into manufacturing, financial services and media — 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 Hathaway Cable & Datacom Ltd. He is of Sindhi origin.[4]
Rajan Raheja group companies
Starting as a construction and real estate development company, the Raheja group now covers a range of business ventures. They include:
Manufacturing companies
- Prism Cement Ltd., with two cement units, has a combined production capacity of 6.0 million tonnes. Having two divisions namely
- H&R Johnson (India) Ltd., the top name in ceramic tiles in India.
- 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 Cements Ltd. It operates 80 ready-mixed concrete plants in 27 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
- Hathway cable & Datacom limited: Providing Cable TV services & Internet services.has extensive cable network in 13 major cities & towns across India.
- Outlook publications: is a leading left-wing weekly political news magazine in India
- Asianet Satellite Communications :owns and operates a fiber optic cable network in Kerala
Insurance
- Raheja QBE : General insurance company
- JV with ING in financial services. Later fully acquired by Exide Industries.Now it is called Exide Life Insurance Company Limited.
Retail and wholesale
- Tile Bazaar
- Globus
- Health & Glow
- Foodworlz
Software
- Sonata Software
Personal life
He is married to Suman, and they have two sons, Akshay and Viren, and live in Mumbai.[2]
References
- ↑ "Rajan Raheja". Forbes. Retrieved 17 April 2017.
- 1 2 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.
- ↑ 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.
- ↑ Vora, Rutam (1 April 2016). "Tongue-tied in Sindhi". The Hindu. Retrieved 9 August 2016.