Sahara Group Founder Subrata Roy Dies At 75 After Long Illness
NDTV
Sahara Group founder and chairman Subrata Roy is survived by wife Swapna Roy and two sons, Sushanto Roy and Seemanto Roy, who live abroad
Sahara Group founder and Chairman Subrata Roy died today at a Mumbai hospital after battling a long illness, the company said in a statement. He was 75. Subrata Roy is survived by wife Swapna Roy and two sons, Sushanto Roy and Seemanto Roy, who live abroad.
Born in Bihar's Araria in 1948, Subrata Roy's success story of starting Sahara India Pariwar began in 1978. Starting with a capital of only Rs 2,000, the company has traversed a long way to become a frontrunner in entrepreneurship, Sahara says on its website.
His family later moved from Bihar to Gorakhpur in Uttar Pradesh. Subsequently, Subrata Roy shifted to Lucknow in the 1990s and made the city the headquarters of his group.