5/5 Swapan kumar J. 9 months ago on Google
1890
(The
Beginning)
The
Neotia
family
has
been
an
integral
part
of
the
business
scene
in
Kolkata
for
nearly
120
years.
Originating
from
Rajasthan,
their
forefathers
settled
in
the
city
some
time
in
1890s,
being
attracted
to
the
opportunities
for
enterprise
that
the
city
offered.
Since
then,
Kolkata
has
been
their
home
and
subsequent
generations
have
been
born
and
brought
up
here.
1950
–
The
founders
Patriarchs
of
the
Ambuja
Neotia
Group,
Late
Shri
Suresh
Neotia
and
Late
Shri
Vinod
Neotia
started
their
entrepreneurial
career
in
the
mid-1950s.
Their
eldest
brother
Shri
Bimal
Kumar
Poddar
was
adopted
by
their
maternal
grandfather
Shri
Janki
Prasad
Poddar,
a
partner
of
the
celebrated
firm
“Tarachand
Ghanshyamdas”.
This
was
probably
one
of
the
first
wholly
Indian
registered
partnership
firms
during
the
time
of
the
British
occupation
of
India.
It
was
a
trading
firm
that
had
offices
right
from
Karachi
in
Pakistan
to
Shanghai
in
China.
It
began
with
interests
in
banking
and
insurance
and
later
diversified
into
distribution
of
petroleum
products,
as
a
franchisee
of
Burma
Shell.
1970-1980
RKBK
Expansion
Following
the
sad
demise
of
Shri
Bimal
Kumar
Poddar
in
1968,
Late
Shri
Suresh
Neotia
and
Late
Shri
Vinod
Neotia
took
charge
of
the
family
business. Under
their
leadership
“Radhakrishna
Bimal
Kumar”
continued
its
expansion with
major
forays
in
trading
operations
of
cement,
fertilizers
and
petroleum products.
Having
a
gross
turnover
of
Rs.500
crores
by
the
early
90’s,
it continues
to
maintain
a
steady
growth.
1980-1990
Ambuja
Cements
The
two
brothers,
relying
on
their
vision
and
vast
experience
joined
hands
with
Mr.
Narotam
Sekhsaria,
brother
of
Bimla
Poddar
(wife
of
Late
Bimal
Kumar
Poddar),
to
promote
“Gujarat
Ambuja
Cements
Limited
(GACL)”
in
the
mid
80’s.
In
a
few
years
the
company
earned
Blue
Chip
status
and
became
a
leader
in
the
cement
industry.
The
Group
came
up
with
the
city’s
first
business
club
“The
Conclave”
where
work
and
pleasure
met
in
an
atmosphere
of
grace.
1990–2000
The
Rise
of
a
Legend
Under
the
stewardship
of
Harshavardhan
Neotia,
the
group
made
its
foray
in
realty
and
hospitality
sectors.
The
Group’s
first
residential
project
Udayan-The
Condoville,
a
JV
with
the
Government
of
West
Bengal,
established
new
benchmarks
in
Public-Private
Partnership
to
promote
social
housing
and
was
declared
a
Model
Housing
Project
by
HUDCO.
Mr.
Neotia
was
honoured
with
Padma
Shri
by
the
President
of
India
in
1999.
2000–2005
New
Beginings
Bhagirathi
Neotia
Women
&
Child
Care
Centre
(BNWCCC)
was
launched
in the
year
2000
as
the
Group’s
first
healthcare
initiative,
offering
the
most advanced
medical
facilities
for
women
and
children,
in
Kolkata.
Expansion
in
the hospitality
sector
continued
with
the
establishment
of
“Swabhumi-
the
Heritage Plaza”,
which
showcased
craft
and
culture
from
different
parts
of
the country.
2005–2010
The
Neotia
Effect
Following
the
diversification
of
business
operations
the
group
rebranded
itself
as
“Ambuja
Realty”
and
wholeheartedly
dedicated
itself
into
the
domains
of
residential
properties,
retail
parks,
hospitality,
business
parks,
healthcare
and
education.
2010-2015
Business
Expansion
Retail
business
experienced
expansion
with
the
establishment
of
City
Centre
Haldia
and
City
Centre
Raipur.
Besides,
other
commercial
properties
viz.
2015
–
Present
Years
Ambuja
Neotia
2.0
Following
the
demise
of
industry
doyen
Suresh
Neotia,
the
Group
leadership
passed
to
Harshavardhan
Neotia.
The
Group
established
The
Neotia
University,
offering
new-age
courses
and
holistic
education.
The
Group
launched
the
flagship
20-acre
Utalika
project
(Kolkata)
in
2015
comprising
landscaped
greens,
nature
trails
and
natural
lakes
with
high-end
lifestyle
features.
The
Group
created
Neotec
Hub
in
2017,
and
incubation
centre
for
guiding
young
entrepreneurs,
a
collaboration
with
the
S
Ambuja
Neotia
is
one
of
the
most
prominent
and
respected
corporate
houses
headquartered
in
Kolkata.
The
company-
with
its
strong
forte
in
real
estate,
hospitality,
healthcare,
and
education
under
the
leadership
of
Shri
Harshavardhan
Neotia
–
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