New Delhi- based entrepreneur Robert Vadra, married into the country ’s most powerful family, has made a quiet and relatively unheralded entry into the real estate business, including a partnership with DLF Ltd, India ’s largest realty firm. Vadra, the son-in-law of the ruling United Progressive Alliance coalition chairperson Sonia Gandhi, has stayed away from electoral politics, maintaining that he wants to be known as a businessman.
In interviews, he has said that his focus is on Artex, a small company specialising in jewellery and handicraft exports. That seems to be changing as 42-year-old Vadra, known for his punishing fitness regime and love for fast bikes, has sought to scale up and diversify his business activities since 2008, acquiring tracts of land in Haryana and Rajasthan, a 50% stake in a leading business hotel in Delhi, and attempting an entry into the business of chartering aircraft. Regulatory filings available in the public domain and reviewed by ET reporters reveal the changing graph of Vadra ’sbusiness interests. These include wide-ranging transactions with the DLF Group.
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In interviews, he has said that his focus is on Artex, a small company specialising in jewellery and handicraft exports. That seems to be changing as 42-year-old Vadra, known for his punishing fitness regime and love for fast bikes, has sought to scale up and diversify his business activities since 2008, acquiring tracts of land in Haryana and Rajasthan, a 50% stake in a leading business hotel in Delhi, and attempting an entry into the business of chartering aircraft. Regulatory filings available in the public domain and reviewed by ET reporters reveal the changing graph of Vadra ’sbusiness interests. These include wide-ranging transactions with the DLF Group.
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