Last Updated: April 12, 2023, 12:38 IST
Former Mahindra Group Chairman Keshub Mahindra died on Wednesday, April 12, on the age of 99. The veteran businessman, with a internet value of $1.2 billion, had not too long ago re-entered the Forbes listing of India’s Richest Billionaires for 2023 because the oldest Indian billionaire. Born in 1923, he served because the chairman of Mahindra Group from 1963 to 2012. Keshub Mahindra then assumed the place of the group’s Chairman Emeritus. The Mahindra Group is presently led by his nephew Anand Mahindra.
INSPACe chairman Pawan Goenka confirmed the information, through a tweet, and stated that the late industrialist had no match. “The industrial world has lost one of the tallest personalities today. Shri Keshub Mahindra had no match; the nicest person I had the privilege of knowing. I always looked forward to mtgs with him and was inspired by how he connected business, economics and social matters. Om Shanti, (sic)” he wrote.
The industrial world has misplaced one of many tallest personalities right now. Shri Keshub Mahindra had no match; the nicest individual I had the privilege of figuring out. I at all times regarded ahead to mtgs with him and impressed by how he linked enterprise, economics and social issues. Om Shanti.— Pawan Ok Goenka (@GoenkaPk) April 12, 2023
Switch Mobility CEO Mahesh Babu additionally mourned the dying of Keshub Mahindra. “Indian Industry lost a Great leader. He revolutionised Indian industry with human touch. Such humble and kind person. I got my first Innovation award from him. … Om Shanthi. . My condolences to family and friends (sic).”
Indian Industry misplaced a Great chief. He revolutionised Indian business with human contact. Such humble and type individual. I bought my first Innovation award from him. … Om Shanthi. 🙏. my condolences to household and pals @anandmahindra https://t.co/0k55zPUzxz— Mahesh Babu (@Maheshsbabu) April 12, 2023
Gautam Singhania, Chairman and Managing Director of Raymond recalled Keshub Mahindra’s life and “endearing personality”.
Keshubhji lived a wonderful life guiding the expansion of Mahindra group for almost 5 a long time. With his endearing persona, he might navigate many a difficult scenario. My deepest condolences to the household, workers and properly wishers of Mahindra Group. RIP Keshub Mahindra— Gautam Singhania (@SinghaniaGautam) April 12, 2023
Who was Keshub Mahindra?
Keshub Mahindra was the Founder and Chairman of the Housing and Urban Development Corporation Limited (HUDCO). He was additionally the vice-chairman of Housing Development Finance Corporation Ltd. The veteran industrialist was additionally on the Apex Advisory Council of the Associated Chambers of Commerce and Industry of India (ASSOCHAM). He occupied the submit of President Emeritus of the Employers’ Federation of India. Keshub Mahindra was an Honorary Fellow of the All India Management Association in addition to a member of the Council of the United World Colleges (International), which is positioned within the United Kingdom.
Keshub Mahindra reworked Mahindra Group from an assembler of Willys Jeeps in India to a world conglomerate throughout his tenure as chairman. He was additionally appointed by the federal government to serve on a number of committees such because the Central Advisory Council of Industries and the Sachar Commission on Company Law & MRTP. He was awarded the Chevalier de l’Ordre National de la Legion d’honneur in 1987 by the French authorities. The latte industrialist was a member of the Prime Minister’s Council on Trade & Industry from 2004 to 2010.
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