India is saddened by the passing of Keshub Mahindra, former chairman of Mahindra Mahindra and the country’s oldest billionaire, who has passed away at the age of 99.
Who is Keshub Mahindra?
It was a sad day when Keshub Mahindra, the famous Indian businessman and former chairman of the multinational conglomerate Mahindra Group, passed away on April 12, 2023. Keshub Mahindra was 99 years old and had just a few months left to live. is his 100th birthday celebration.
He was recently declared India’s oldest billionaire by Forbes and has a net worth of $1.2 billion. Tributes are pouring in from around the world for Keshub Mahindra, a major figure in India and abroad. Learn all the details about Keshub Mahindra, from his life and early career to his influence.
The industrial world has lost one of the highest personalities of its day. Shri Keshub Mahindra has no competitors; The kindest person I have had the honor of knowing. I always look forward to my meetings with him and am inspired by the way he connects business, economic and social issues. Om Shanti.
— Pawan K Goenka (@GoenkaPk)
April 12, 2023
I would like to express my sincerest condolences on the passing away of eminent industrialist and former chairman of Mahindra & Mahindra Keshub Mahindra ji. His contribution to the Indian automobile industry can never be forgotten. May my soul rest in eternal peace.
— Sharad Pawar (@PawarSpeaks)
April 12, 2023
A true legend in every way. Mr. Keshub Mahindra has built a brand that India is proud of and built an industry for which we are all grateful. A mentor and friend of my father and a visionary in every sense of the word. May he always be remembered with joy. 🙏
– Sunjay Kapur (@sunjaykapur)
April 12, 2023
Who is Keshub Mahindra? Early life
- Keshub Mahindra was born on October 9, 1923 in Shimla, then British India.
- He is the son of Kailash Chandra Mahindra, co-founder of the Mahindra group.
- He joined Mahindra in 1947 at the age of 26, became chairman in 1963 and led the company until 2012.
- Keshub Mahindra is a graduate of the Wharton School of the University of Pennsylvania.
Keshub Mahindra Career and later life
- Keshub Mahindra has run the Mahindra group for five decades and achieved remarkable success.
- He took the helm of this steel and auto manufacturing company and turned it into one of India’s largest and most profitable conglomerates.
- Keshub is also known for his philanthropy and donations to useful causes.
- He was also the founder Chairman of HUDCO (Housing and Urban Development Corporation Limited) and Director of Bombay Dyeing & Manufacturing Company and Bombay Burmah Trading Corporation.
- He also serves on several Boards and Councils in both the private and public sectors, including SAIL, Tata Steel, Tata Chemicals, Indian Hotels, IFC and ICICI.
- From 2004 to 2010, he was a member of the Prime Minister’s Council of Commerce & Industry.
- Keshub Mahindra retired in 2012 and handed over control of the Mahindra group to his nephew Anand Mahindra.
Controversy over Keshub Mahindra
- Keshub Mahindra’s legacy is not without its drawbacks. He was serving as non-executive chairman of Union Carbide India Limited when the Bhopal Gas Tragedy took place in 1984. More than 3000 people died in the gas leak and thousands more were severely affected but the real culprit never being punished.
- In 2010, Keshub Mahindra along with six other former Union Carbide employees were convicted and sentenced to two years in prison. Most were over 70 years old and Indian nationals and were released on bail after sentencing.
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Source: pagasa.edu.vn