MARWAR India - November-December 2017

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Gone are the days when Marwaris were typecast as a miserly, hard-nosed business community, solely interested in moneymaking. With his unusual interest in academics and a binding passion for arts, literature and service to humanity, octogenarian Kashi Nath Memani, the man responsible for the phenomenal success of global accounting firm Ernst & Young’s India business, stands out among the many who have demolished this stereotype. We have featured the ex-country head of the illustrious accounting firm on our cover this issue, which, thanks to his leadership qualities, is now the nation’s largest.
Coming to Marwaris’ uncanny business sense and number crunching abilities, we bring you the story of entrepreneur Karan Bhagat, the man behind the skyrocketing success of IIFL Wealth Management Ltd, which now is the largest wealth management firm in the country. At 40, Bhagat has reasons to be proud with no less than 60 prestigious awards to IIFL Wealth Management’s credit.

As a magazine dedicated to portraying the various facets that define the Marwari community, MARWAR has recently published and celebrated the launch of a coffee table book titled A Tribute to Titans – The Founding Fathers of Marwari Enterprise, at a glittering ceremony held at The Trident, Mumbai, amidst over 200 distinguished guests. A collector’s issue, the title celebrates pioneering industrialists of the eighteenth and nineteenth centuries, who are seen as the founding fathers of Marwari enterprise.
With 34 completed projects to their credit and a presence in several cities, our article on brothers Chandra Prakash and Sanjay Jain of the Siddha Group makes for an interesting read. The duo has redefined affordable housing by integrating high-end design and construction excellence to build world-class homes for the middle-class.