Subrata Roy, Founder of Sahara India Pariwar, dies at 75 in Mumbai

Sahara Group founder Subrata Roy passed away at the age of 75 due to cardiorespiratory arrest. The businessman passed away at Mumbai's Kokilaben hospital.

Sahara India Group put out an official statement mourning Roy's demise. The company said in its statement, ‘’It is with profound sadness that Sahara India Pariwar informs the demise of our Hon’ble ‘Saharasri’ Subrata Roy Sahara, Managing Worker and Chairman, Sahara India Pariwar.

Saharasri ji an inspirational leader and visionary, passed away on 14th November 2023 at 10.30 pm due to cardiorespiratory arrest following an extended battle with complications arising from metastatic malignancy, hypertension, and diabetes. He was admitted to Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute (KDAH) on 12th November, 2023 following a decline in health.

His loss will be deeply felt by the entire Sahara India Pariwar. Saharasri ji was a guiding force, a mentor, and a source of inspiration for all who had the privilege to work alongside him.

Details regarding last rites will be communicated in due course.

Sahara India Pariwar is committed to upholding Saharasri's legacy and will continue to honor his vision in driving our organisation.''

The Sahara India Pariwar founder was once India's second largest employer after the Railways, boasting a workforce of around 1.2 million people. The organisation claimed to have over 9 crore investors, representing a significant portion of Indian households.