The Telegraph
Tuesday , April 15 , 2014
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Hotel baron with vision

The business fraternity has mourned the death of Satyadev Prakash Sinha, a well-known industrialist, who passed away on April 11 in Nagpur after a cardiac arrest.

Sinha was best known for setting up hotel Maurya, the first starred hotel of the city, which started operations across 2.4 acres near Gandhi Maidan in 1973.

P.K. Agarwal, president, Bihar Chamber of Commerce and Industries, said it was an irreparable loss for the business fraternity of Bihar.

“He is the man who showed the way to many industrialists of the state. One of the first industrialists of the state, Sinha contributed to the industries a lot. He is the man who started hotel Maurya almost three decades ago. He helped the industries of the state a lot and his absence will definitely be missed,” Agarwal said.

Sinha was born in Yangon in Burma (now Myanmar) on August 26, 1941. It was his grandfather who had set up the first sugar factory of Asia in Burma. He started his career at 25 and climbed up the success ladders in business soon by setting up companies like Kalyanpur Cements, a plant of Jenson and Nicholson Paints in the state and others.

Hailing from Ara in Bihar, Sinha was the fifth among seven children of C.P. Sinha and Shivmadhavi Devi.

He finished his matriculation at the age of 14 after which he graduated from London School of Economics. After that, he focused totally on expanding his family business.

“He was one of the pioneers and someone who started the process of industrialisation in the state. His demise is a shock to us and he was a guide to many industrialists in Bihar. He paved the way and made the local industrialists believe that Bihar had many industrial avenues and that one could strive here. He can be said to be the frontrunner for the industrialists of the state,” an office-bearer at the Bihar Industries Association said.

Sinha was known to be a man who believed in working silently and not get into the limelight often.

“He gave Bihar three major projects — hotel Maurya, Jenson and Nicholson Paints plant and Kalyanpur Cement factory in Rohtas district. He was known to be a serious man by nature, who believed in working silently and not getting into the limelight. He will be known for his dedication and inner strength that helped him prosper,” Satyajeet Kumar Singh, chairman, Bihar chapter, PHD Chamber of Commerce and Industry, said.

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