Known for their exceptional entrepreneurial abilities, Marwaris have not just created successful ventures but also perpetuated family businesses by taking up the baton generation after generation.
An exception is Harshavardhan Neotia, who has demonstrated rare mettle and resourcefulness by changing family legacy to a create business empire of his own. We have featured the Kolkata-based real estate baron on our cover this issue, who, as the chairman of the Ambuja Neotia Group, has literally changed the way the city lives and conducts business through his numerous projects. Yet another Kolkata-based entrepreneur who has been creating ripples in entrepreneurial circles is Mayank Jalan of Keventer Agro Limited. As the next generation of a rapidly growing business house, Jalan has not just restored Edward Keventer’s Eastern India business—which the Jalans now own—to its former glory, but also turned his company, Keventer Agro, into a ` 1,000 crore entity, starting from scratch. Talking about next generation Marwaris, we also bring you the story of realtor Rahul Shah, scion of the Mumbai-based Sumer Group, whose imbibitions from family seniors and initial spate of successes herald brighter times for the well-known group. Even as Marwaris continue to take their businesses to every corner of the world, in Rajasthan, the land of their origin, the scion of the royal House of Mewar, Lakshyaraj Singh Mewar too has been proving his calibre as an entrepreneur. The royal heir—he is the son of Shriji Arvind Singh Mewar, the 76th Custodian of the House of Mewar—has been successfully overseeing the family-run HRH Group of heritage hotels, apart from shouldering the responsibilities of keeping the rich legacy of the House of Mewar’s alive and dedicating himself to other causes as well, especially philanthropy. Philanthropy actually has been a defining facet of the Marwari ethos from times immemorial, and while examples are many, one person who deserves special mention is Minu Budhia, wife of Kolkata-based industrialist Sanjay Budhia. Having earned recognition in the area of mental health care through Caring Minds, a state-of-the-art centre for psychological growth and well-being in Kolkata, she has founded yet another institute, ICanFlyy, where special needs individuals can gain awareness of the interests and aptitudes they possess and build requisite skills for a better future. Looking at things from another perspective, if there is one community that has the means to enjoy the very best that life has to offer, it is the Marwaris. Thanks to their affluence and increasing global exposure, there is growing number of Marwaris today whose refined tastes and sense of understated elegance has fuelled a thriving market for the most luxurious products and services. In keeping with their tastes and aspirations, we have introduced a new section from this issue onwards titled ‘MARWAR PRIVÉ’ which brings you the very best that money can buy. A case in point is industrialist Gautam Singhania’s newly introduced Raymond Atelier that promises to be the ultimate destination for connoisseurs of bespoke fashion. With all this and more, we bring you yet another interesting issue of MARWAR.
Maneck Davar Editor