MARWAR India Magazine - May - June 2017
MARWAR India Magazine - May - June 2017
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In this issue
The global automotive industry has been on a roll. Market analysts now predict better times for the industry—a trend reflected by Aurangabad-based Varroc Group, which has registered almost 20 per cent YoY growth to post sales of Rs 10,300 crore in FY 16-17. We have featured the head of the automotive component giant, Tarang Jain, on our cover.
Marwaris are known for their uncanny ability to turn any business into a huge success. A case in point is millionaire Ritesh Agarwal of OYO, a college dropout, who has built India’s largest online network of branded hotels that offers 70,000 rooms in 200 cities to travellers. In yet another example, Kamlesh Gupta of the WestCoast Group has revolutionised India’s frozen seafood food industry—an unusual field for a strict vegetarian.
Building businesses may be relatively easy for Marwaris, but keeping them well-oiled and running calls for compliance with the legal framework that govern them. Here too Marwaris have not lagged behind. In out tribute section, we have featured the century-old Kolkata-based iconic law firm, Khaitan & Co.
In an inspiring article, we bring you industrialist Harsh Goenka’s devotion to art and his efforts to change this space by setting up art installations across Mumbai that reflect the city and its spirit, through his RPG Art Foundation.
India India’s wildlife preservation efforts have been successful and exemplary. Read about Rajasthan’s efforts to now protect the leopard by becoming the first state in India to launch a project that aims to protect the spotted cat.
On April 12, the Indian media industry lost Ramesh Chandra Agarwal, the man behind making the Dainik Bhaskar Group (DB Corp) what it is today. In an obituary, we have honoured the late media baron.
With all this and more, we bring you another stimulating issue of Marwar.
Working The Room
A college dropout at 17 and a start-up millionaire at 23… Meet Ritesh Agarwal, who has built India’s largest branded network of hotels, OYO, which today has a presence in 200 cities across the country and over 70,000 rooms on offer to guests.
5 mins
Man On A Mission
Yashovardhan Gupta, the young and dynamic CEO of Torero Corporation Private Limited, believes in a disruptive business model. His company is a global licensee for luxury brands with specialisation in world-class leather accessories that are offered at affordable price points to consumers.
5 mins
Luxury At Sea
What is it like to set sail aboard a luxury cruise liner? Offering every conceivable comfort on board, the Genting Dream offers holidaymakers an escape like no other.
4 mins
Bringing Back The 60s
In his debut novel Harp, Gun Nidhi Dalmia offers a glimpse into the bygone era of the sixties, revisiting the idealism, music and culture of a generation, who, like him, believed that the good times would never end.
4 mins
The Unlisted Automotive Giant
Steered by his vision and a quest to make it big in life, Tarang Jain took a train out of the ‘City of Dreams’ to set up the Varroc Group in Aurangabad in 1990. In what started as an automotive parts supply business, the Varroc Group has since grown both organically and inorganically to establish itself as a global automotive component behemoth that has clocked sales of ₹10,300 crore in FY 16-17.
9 mins
Ramesh Chandra Agarwal
Ramesh Chandra Agarwal, the man who is credited with turning Dainik Bhaskar from a little known newspaper into the fourth-largest circulated daily in the world, is no more.
3 mins
Plan A Royal Extravaganza
Jodhpur is Rajasthan’s second largest city. Called the ‘Sun City’ of India, it is known for its fort, palaces and for being the gateway to the Thar Desert. The city is also where Ajit Bhawan Palace, India’s first heritage hotel, is located.
1 min
Art Of The Matter
Public art plays a significant role in society by inspiring, intriguing, motivating and provoking the community it is created for. However, such works are rare in India. The Harsh Goenka-backed RPG Art Foundation is now looking to change this space by setting up installations across Mumbai that have the city at their very core.
5 mins
Stairway To History
Chicago-based journalist-photographer Victoria Lautman’s obsessive affair with stepwells or baolis started in Rajasthan. Her passion eventually found expression in her book, The Vanishing Stepwells of India.
3 mins
Leopards In A Spot
Rajasthan has taken a welcome step in leopard conservation by becoming the first state in India to launch a project that aims to protect the spotted feline by mitigating conflicts with humans and controlling poaching.
5 mins
MARWAR India Magazine Description:
Publisher: Spenta Multimedia Pvt Ltd
Category: Business
Language: English
Frequency: Bi-Monthly
Marwar is a community-based magazine with an emphasis on profiling the best and the brightest in the Marwari community. The magazine reaches the elite in India and abroad who want to read and discover the wonders of all things connected with the community. Thus, the subjects featured have to have the flavour of Marwar and Rajasthan—its culture, lifestyle and traditions. We highlight arts, crafts, music, dance and theatre as well as fashion and food that are connected to the region apart from immensely successful businessmen and businesswomen. In the past, luminaries like Laxmi Mittal, Abhishek Manu Singhvi, Indu Jain, Sanjiv Goenka and Rajashree Birla, to name a few, have graced our cover.
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