Meet Ajay Harinath Singh with a whopping Rs 68000 Crore empire

The National Company Law Tribunal (NCLT) recently granted permission to Darwin Platform Infrastructure to acquire Lavasa, India's pioneering artificial hill station. Lavasa, nestled approximately 180 kilometers from Mumbai, is in proximity to Pune and the picturesque Mulshi valley of the Western Ghats. This expansive development spans 20,000 acres of land and holds the distinction of being India's inaugural hill station.

The visionary behind this monumental venture is Ajay Harinath Singh, the driving force behind the Rs 68,796 crore enterprise set to shape Lavasa's future. Singh, an alumnus of Mumbai University, is at the helm as the group's chairman. His interests span a diverse array of sectors, including retail, infrastructure, refineries, finance, and hospitality, among others. With a formidable net worth of 8.4 billion dollars, Singh's companies bear the distinction of being debt-free – a testament to their financial robustness.

The formidable scope of the firm's operations is reflected in its extensive footprint across 11 countries through more than 21 subsidiary companies. Establishing its roots in 2010, the enterprise has transcended boundaries to secure multiple contracts, exemplifying its global reach and influence.

Notably, Singh's ambitions have extended beyond Lavasa's acquisition. His bids for prominent entities like Jet Airways, Air India, and the Shipping Corporation of India underscore his propensity for venturing into varied sectors. Additionally, his firm has evinced interest in Anil Ambani's Reliance Capital, further underscoring his enterprising spirit.

Ajay Harinath Singh's visionary leadership is succinctly encapsulated in his statement regarding the NCLT's approval: "The NCLT has entrusted us with a challenging task to develop an ambitious world-class smart city in the country. The verdict would reinforce our commitment to nation-building. Lavasa is now on the cusp of a remarkable resurgence. DPIL is committed to executing the plan as per the schedule proposed to the CoC. We are very eager to revitalise this ambitious project."

The significance of this acquisition is truly unparalleled – Singh's firm is poised to be the sole entity in India to own a hill station. This transformative endeavor is emblematic of his trailblazing approach to business, encapsulating his dedication to turning visionary concepts into tangible reality.

Singh's multifaceted influence extends even further. He has been associated with the sale of Russian war planes to various nations, showcasing his role in the global defense arena. Additionally, his portfolio includes ownership of an oilrig, accentuating his presence in the energy sector. Not to be confined by conventional boundaries, his interests span the realms of the film industry, underscoring his versatility and dynamic approach to business.

The NCLT's endorsement of Darwin Platform Infrastructure's acquisition of Lavasa is not merely a transaction – it's an epochal development that epitomizes the convergence of vision, resourcefulness, and unwavering commitment. As the Lavasa project moves forward under Singh's visionary guidance, it stands poised to become a beacon of innovative urban planning and progressive living – a true testament to the transformative power of audacious ideas.