Biography of ponty chadha
Biography of ponty chadha
Ponty chadha group india...
Ponty Chadha: From snack seller to liquor tycoon
From selling snacks by the roadside to owning a business empire worth around Rs.8,000 crore,Ponty Chadha's was a real rags to riches story.
Gurdeep Singh Chadha aliasPonty Chadha, who was born in Moradabad in Uttar Pradesh, used to sell snacks with his father in front of a liquor shop as a boy.
Using his political clout, he soon ruled over the liquor business in Uttar Pradesh and his corporate interests also spanned across real estate, sugar, film production and exhibition.
In September this year, his Wave Group bought the Delhi franchise of Hockey India League that is set to make its debut next year.
Chadha, 55, who was killed here in a family feud with his brother Saturday, was granted the sole distributorship for liquor in Uttar Pradesh under the Mayawati regime in 2009.
He is alleged to have bought liquor at low prices and sold it at exorbitant rates.
Along with his brothers, Ponty managed the Chadha Group, which was consoli