Sahara group lines up Rs 32,400 cr investment; 56k new jobs New Delhi, Feb 2 (PTI) Sahara group, has made an announcement of plans being afoot to hire over 56,000 new employees this year along with investments to the tune of nearly Rs 32,400 crore. In three-page newspaper advertisements, the group has invited applications for senior positions across business verticals within and outside country and said that these more than 56,000 new jobs need to be filled by the end of 2014. At the same time, it has also claimed that the group, which calls itself Sahara India Parivar, is committed to creating four lakh salaried positions in next three years. The businesses for which job applications have been invited include FMCG & retail, dairy, poultry, luxury real estate and lifestyle, food factory, low-cost housing, CSR, education and even cruises (Sahara Water Homes). Besides job details, the group also disclosed specific investment targets for at least four business verticals and these investments total to an amount of Rs 32,394 crore. For its Luxury Retail: Sahara Global Mastercraft Ltd business, the group said that an investment of Rs 1,400 crore would be made over five years, while Rs 5,172 crore would be invested in Food & Beverages and Entertainment: QSR (Quick Service Restaurants). Its International Business: Macedonia (Europe) business is expected to see an investment of Rs 13,922 crore in dairy project and Rs 9,600 crore in hospitality project. Further, healthcare would seen an investment of Rs 2,300 crore for 5-7 years, according to the public notice. The group has a huge asset base with a market value of Rs 1,52,518 crore and a land bank of 36,631 acres. You can contact us on toll free number : 1800 180 7766 or you apply online at bit.ly/1aOQRmN
Posted on: Sun, 02 Feb 2014 12:01:51 +0000
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