Wednesday, February 20, 2013

india Subrata Roy: Got Milk, Got Golf

     Subrata Roy is rapidly expanding his golf horizons.
     Roy has long been one of India’s best-known businessmen, not to mention one of its richest and most powerful people, and his Sahara India Pariwar is one of the nation’s biggest conglomerates. Roy even has some notoriety in the golf business, as the developer of Aamby Valley City, a 10,600-acre resort community in Pune, Maharashtra.
     But in 2012, Roy began to emerge as a golf force to be reckoned



with. Last summer, he outlined plans for a casino complex in Macedonia that will include several golf courses. Now he’s followed up with plans to build an “international-standard” course in Indore, the largest city in Madhya Pradesh.
     Golf isn’t Roy’s top priority in Indore. His primary focus is a dairy that he says will eventually become the world’s largest milk producer. To complement the dairy, he intends to build 44,000 “affordable” houses, presumably for some of its employees, as well as a “world-class” hotel, a sports complex, and the golf course.
     Lucknow-based Sahara India Pariwar operates in many fields, among them real estate development, film and television production, newspaper and magazine publishing, retailing, financial services, life insurance, health care, and hotel operations. It even owns a professional cricket team and has a minority stake in Force India, a Formula One auto race team.
     Roy expects to submit a development proposal for his venture in Indore by the spring of this year. He hasn’t identified a designer for the golf course or announced when he plans to start building it, but it’s worth noting that Aamby Valley features a David Hemstock-designed layout.

     The original version of the preceding post first appeared in the December 2012 issue of the World Edition of the Golf Course Report.

1 comment:

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