Ashish Saraf
Joint Managing Director
Administrative
Facor Group
India
Biography
Mr. Ashish Saraf is an Industrial Engineer by profession and holds a fellowship from Harvard Business School. He has been involved in the growth of Facor from the young age of 22 and is currently spearheading the group's growth in Power as the CEO of Facor Energy Ltd. He is also the Hon. Consul of the Bahamas in India and Chairman of XE Capital India Ltd. which is a New York based 100 million dollars real estate fund for investments in India. Facor Group was established in India 60 years back and has 3 listed companies in BSE. It is India's largest private producer of Ferro chrome which is an essential raw material for the stainless steel industries. Facor is also a producer of power and has a 100 megawatt captive power plant based on thermal coal. The total capital outlay of this power project is over 1 billion USD. Facor also has its own chromite ore mines in Orissa. The group's revenues are in excess of USD 250 million dollars. Facor group has recently embarked on a growth strategy by floating Facor Energy Ltd. from UK and is going ahead in listing this company which will be setting up a 1000 megawatt power project in India.
Research Interest
Organic and Inorganic chemistry Physical & Synthetic chemistry Geochemistry & Astrochemistry Polymer chemistry & Biochemistry Analytical and Biophysical chemistry Material chemistry Nano chemistry Pharmaceutical Chemistry Forensic and Medicinal chemistry
