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From 1930s CP Bookstore To Greater Noida Powerhouse: Galgotias Founder’s Net Worth Hits Rs...
From 1930s CP Bookstore To Greater Noida Powerhouse: Galgotias Founder’s Net Worth Hits Rs...
When people talk about higher education in Delhi-NCR, Galgotias University is often part of the conversation. The university is known for its courses, campus life and large student base.
Right now, it is also in the news due to a controversy over a robot dog on campus. At the same time, many are looking at the journey of its founder, Suneel Galgotia, and how his family business grew over the decades.
How Suneel Galgotia Built The Institution
Galgotias University was set up in 2011 near the Yamuna Expressway in Greater Noida. It offers many undergraduate, postgraduate and PhD courses. Today, the university is led by Dhruv Galgotia, the son of Suneel Galgotia, who serves as CEO.
The roots of this large education group go back many years. The Galgotia family once owned a bookstore called ‘E.D. Galgotia & Sons’ in Connaught Place, Delhi. The shop was started in 1933 at B-17, Inner Circle, during the British Raj. It became a well-known place for books and stayed open for over 80 years.
Suneel Galgotia grew up around this bookstore. Later, when he took charge of the family business, he decided to expand. In the 1980s, he started Galgotia Publications. Over time, he moved further into the education sector.
In 2000, he began Galgotias Institute of Management and Technology (GIMT) with just 40 students. After that, he launched Galgotias College of Engineering and Technology. In 2011, he established Galgotias University in Greater Noida.
From Small Bookshop To Rs 3000 Crore Group
What began as a single bookstore slowly turned into a large education group. Today, reportedly more than 40,000 students study under the Galgotias banner. Students from over 40 countries come here for higher education, and alumni are spread across 96 nations.
As per reports, the family’s education business is estimated to be worth around Rs 3000 crore. Over the years, the group expanded step by step, adding new institutes and courses.
The original Galgotia Book Shop at B-17 is now marked as closed. Reports suggest it shut down around 2015 due to online competition and changes in the area. Another listing of E.D. Galgotia and Sons at No. 21 in Connaught Place reportedly remained on some directories with working hours (9:30 AM–6:30 PM, closed Sundays), but there is no clear update about its current operations.
Meanwhile, the Galgotias group now runs bookstores within its university campuses in Noida.
Source: News18
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