Sahara India
 |
|
| Privately held company | |
| Industry | Conglomerate |
| Founded | 1978 (Lucknow, India) |
| Founder | Subrata Roy |
| Headquarters | Lucknow, India |
|
Area served
|
India |
|
Key people
|
Subrata Roy (Chairman) |
| Products |
Financial services Construction Mass media Retailing IT Services & Outsourcing |
| Revenue |
 ₹730 billion (US$11 billion) (2011) |
| Website | www |
Sahara India Pariwar is an Indian conglomerate headquartered in Lucknow, India with business interests in finance, infrastructure & housing, media & entertainment, consumer merchandise retail venture, manufacturing and information technology. The company has an estimated market capitalisation of US$25.94 billion as of March 2011. The group is a major promoter of sports in India and was the main sponsor of the India national cricket team. The company owns a 42.5% stake in Formula One's Force India Formula 1 Team and also sponsors India national field hockey team. In more recent times, the company has faced criticism due to allegations regarding questionable financial practices, crony capitalism and its close nexus with and favoritism from political parties.
Sahara India Pariwar was founded by In cricket, it owned the Pune Warriors India, a franchise team that played in the Indian Premier League (IPL),. [[File:Pune Warriors India IPL Logo.png|200px|thumb|right] In October 2011, Sahara purchased 42.5% of the [[Force India] [[Formula One] team. [[File:F1 2012 Jerez test - Force India 2 (cropped).jpg|thumb|right|British driver Paul di Resta driving the Force India VJM05.] The company launched a polo team, the Sahara Warriors Polo Team in 2012. From 2005 Calcutta Football League is also sponsored by Sahara. In July 2012, Sahara India Praiser picked up the Lucknow franchise of the Hockey India League, the Uttar Pradesh Wizards. It is also the sponsor of the Bangladesh Cricket Team since 2012.[[File:Uttar Pradesh Wizards Logo.jpg|200px|thumb|right]
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