Ponty Chadha(wave industries)

Ponty Chadha•Gurdeep Singh "Ponty" Chadha (22 October 1958 – 17 November 2012) was a liquor baron from Uttar Pradesh, India. •Chadha gained popularity and expanded his liquor business to 20 billion in three states of North India including Uttar Pradesh, Punjab and New Delhi. He co-owned the company Wave Inc. with his brothers Hardeep and Rajinder. •He was killed in a violent shoot out at his own farm in Chhattarpur area in New Delhi in 2012.

Early lifeChadha's family migrated from Pakistan to

Moradabad during the partition. He used to sell snacks with his father in front

of a country-made liquor shop in his hometown. They made a significant profit.

Once his father Kulwant Singh Chadha managed to get a license to run a liquor shop. 

Various sources indicate that Chadha's hands were disabled due to an electric shock as a child.

BusinessApart from liquor, he was also involved in

food processing, paper manufacturing, sugar mills, distilleries, power manufacturing, bottling plants, real estate as well as film distribution.

The Chadha family managed the Chadha Group which operated under the Wave brand.

Their flagship companies include Wave Industries, Wave Infratech and Wave Distilleries and Breweries.

Liquor license monopolyJust before the 2009 General Elections, due to

a change in Uttar Pradesh government policy to control the trafficking of spurious liquor, the system of multiple wholesale dealers was abolished. This led to the monopoly of Chadha group who acquired the license to sell wholesale alcohol single handedly in the whole state. The monopoly not only deprived other people to sell liquor in these states but it also gave an opportunity to Ponty Chaddha to allegedly exploit the masses by charging exorbitant prices which were way above the MRP.

Multiplexes and income tax criminal investigation raidThe Wave brand operates Multiplexes under the

brand name 'Wave Cinemas' in New Delhi, Noida, Kaushambi, Ludhiana, Lucknow, Moradabad and Haridwar.

Wave Cinemas operates 28 screens with a capacity of 8107 seats.

One of the Wave multiplexes situated in Centre stage mall in Noida was raided by Directorate of Income Tax Intelligence and Criminal Investigation officials over alleged tax evasion in February 2012. After the raid, the Income Tax department had said that it had seized Rs 110 million in cash, jewelery and fixed deposits and had sealed 13 bank lockers.

Real estateWave Infratech is the real estate arm of the

Chadha Group. Wave Infratech has undertaken construction

of commercial and residential projects and malls in Noida.

Chadha group also enjoyed a monopoly over the mining business in Bundelkhand and Sonbhadra regions of Uttar Pradesh.

DeceasedOn 17 November 2012 it is said that Ponty and

his brother had allegedly killed each other in a crossfire over an argument regarding some property that Hardeep controlled.

Chaddha was handicapped in both hands and could not have fired to provoke his brother. 

Sukhdev Singh Namdhari, sec. chairman of Uttarakhand's minority commission was also present at the farmhouse during the incident.

 On 23 November 2012, Namdhari was arrested for shooting at Ponty Chadha's brother Hardeep Chadha.

WAVE INDUSTRY’S DIVISIONSMANUFACTURINGINFRATECHENTERTAINMENTEDUCATIONSPORTSCSR

MANUFACTURINGThe industrial arm of the Wave Group has

flourished to new heights and operates in business sectors as diverse as sugar, green power, steel and paper manufacturing.

Wave Industries has been crucial to the Wave Group's success as it continues to expand rapidly. It is already a market leader in several sectors within the country and plans to establish a market presence globally in the coming years.

Wave InfratechA decade ago, Wave Infratech was established as the

real estate arm of the Wave Group.Since then it has evolved into one of the leading players

in the real estate sector and is to soon become one of the largest real estate developers in the country.

It is building outstanding integrated townships which include Wave City, Wave City Center, Wave Estate and Wave Royal Castle.

Wave Infratech is widely acknowledged for its futuristic and extraordinary real estate projects. It is introducing India to the Smart City Concept in association with IBM – the global leader for smart technology.

Wave city

Wave city center

Entertainment

Wave Group ventured into the film production and distribution business in 1999.

To date, it has produced and distributed over 150 Bollywood blockbusters including Ready, Devdas, Gadar, Kahani and OH MY GOD.

Wave estate

Wave one Shopping mall

EducationGenesis Global SchoolGenesis Global School, Noida is a premier day-cum-

residential school in close proximity to Delhi. It provides a state of the art campus that sprawls across 30 acres of land with lush green surroundings and facilities that help nurture the future leaders of the country.

It has an international collaboration with Clifton College, a premier academic institution in the United Kingdom.

The school offers Wi-Fi on-campus, e-classrooms, multimedia library and computer labs that help enhance a student's learning experience. The building is centrally air-conditioned with a 24*7.

In addition to these, the school plans to provide golf, horse riding and shooting facilities to the students soon.

SportsDelhi Waveriders – Hockey India LeagueLive Hockey. Love Hockey.

As part of the Group’s commitment towards promoting the national sport (Hockey), it acquired the Delhi franchise of the Hockey India League – DELHI WAVERIDERS.

Corporate social responsibilityThe Ponty Chadha Foundation is an organization set up by

Mrs. Jatinder Kaur Chadha, wife of Mr. Ponty Chadha, to channelize its capabilities towards social welfare and economic development of the communities the Wave Group works within.

The Ponty Chadha Foundation sets up medical camps regularly to conduct free tests and check-ups.

It has also recently joined hands with India Food Banking Network (IFBN) to provide essential food grains to the lesser privileged in Noida and Ghaziabad.

The Ponty Chadha Foundation has also established schools to facilitate education amongst children from all walks of life.

Mata Bhagwanti Chadha Niketan (MBCN) is a school for the differently abled and is the most admirable initiative of the Ponty Chadha Foundation, as it has changed the lives of more than 800 students to date.

PROJECTSWAVE CITYWAVE CITY CENTERWAVE ESTATEWAVE ONEWAVE MALLSWAVE CINEMASDELHI WAVERIDERSTHE PONTY CHADHA FOUNDATION

Wave video

THANKS!!!!