SAR Group was established in 1988 by Mr. Rakesh Malhotra who over the last 24 years built the Luminous brand. In June 2011, Mr. Malhotra divested 74% of his holding in Luminous Power Technologies to French electrical-engineering and power management company Schneider Electric.
The group would now like to focus on the environment and build new businesses which can make life more efficient and comfortable for the people. With this in mind the group aims to set up five key businesses in the areas of:
- Clean technology
- Real Estate
We also have a venture fund which will invest with passionate entrepreneurs in early growth stage companies.