Keshub Mahindra Dead, Biography, Age, Background, Family, Awards, Career & More: Keshub Mahindra was a renowned Indian businessman and industrialist who made significant contributions to the development of the Indian industry. He was born on January 7, 1923, in Lahore, which was part of British India at the time but is now in Pakistan. Mahindra was born into a business family, and his father was the founder of Mahindra & Mahindra, one of India’s top automobile companies.
Mahindra earned a degree in mechanical engineering from the University of Pennsylvania in 1947. He joined Mahindra & Mahindra in 1948 and held various positions within the company. In 1951, he became the company’s managing director, a position he held for nearly five decades. During his tenure, Mahindra & Mahindra became a leading company in India’s automobile, farm equipment, and aerospace industries.
Apart from his business acumen, Mahindra was also known for his contribution to the Indian economy. He served as a member of the Planning Commission of India, which is the country’s apex body for economic policy formulation. Additionally, he was the President of the Confederation of Indian Industry, the premier business organization in India.
Mahindra was a strong advocate of corporate social responsibility and actively promoted education, healthcare, and environmental protection. He established the Mahindra United World College of India, which provides education to students from different parts of the world.
However, in 1987, Mahindra was involved in the Bhopal gas tragedy, which occurred when a Union Carbide plant leaked toxic gas in the city of Bhopal, killing thousands of people. Mahindra was the non-executive chairman of Union Carbide India Limited at that time. Along with seven other executives, he was charged with criminal negligence and convicted in 2010. However, due to his age and health, he was not imprisoned.
Mahindra received several awards and recognition during his lifetime, including the Padma Bhushan, which is one of India’s highest civilian awards, and the Lifetime Achievement Award from the Economic Times. He passed away on October 8, 2020, at the age of 97, leaving behind a legacy of ethical leadership, business acumen, and social responsibility.
family
Keshub Mahindra was a businessman from India who used to be the Chairman of Mahindra & Mahindra, a big company that does many things. He was married to Indira Mahindra and had three children: Anand Mahindra, Rama Bijapurkar, and Radhika Nath. Anand Mahindra is also a businessman and the current Chairman of Mahindra Group. Rama Bijapurkar is a consultant and writer, and Radhika Nath is a doctor.
The Mahindra family is very rich and one of the wealthiest families in India. According to Forbes, their net worth is estimated to be more than $19 billion. They made their money through owning and running the Mahindra Group, which does many different things, like making cars and airplanes, and running hotels.
Career
Keshub Mahindra had a long and successful career as a businessman in India. He worked for Mahindra & Mahindra, a multinational conglomerate that operates in various sectors such as automobiles, aerospace, defense, hospitality, and more. He joined the company in 1947 and held various positions before becoming its Chairman in 1991.
As the Chairman of Mahindra & Mahindra, Keshub Mahindra played a key role in shaping the company’s growth and success. He was known for his strategic vision, leadership, and dedication to innovation. Under his leadership, the company expanded its operations globally and diversified into new industries.
In addition to his role at Mahindra & Mahindra, Keshub Mahindra was also involved in various other organizations and initiatives. He served as the President of the Confederation of Indian Industry (CII) and was a member of the board of directors of several companies and institutions, including Indian Hotels Company Limited, Indian School of Business, and Harvard Business School.
Keshub Mahindra was widely respected in India’s business community for his contributions to the growth and development of Indian industry. He was honored with numerous awards and recognitions throughout his career, including the Padma Bhushan, one of India’s highest civilian awards, in 2005.
Keshub Mahindra’s net worth
Keshub Mahindra’s net worth at the time of his passing in October 2020 is not publicly known. However, the Mahindra family, which he was a part of, is one of the wealthiest families in India, with a net worth estimated at over $19 billion, according to Forbes’ 2021 list of India’s richest people. The family’s wealth is primarily derived from their ownership of Mahindra Group, which has interests in various sectors such as automobiles, aerospace, defense, hospitality, and more.
Keshub Mahindra Companies Associated
Keshub Mahindra was associated with Mahindra & Mahindra (M&M) for several decades and was the Chairman of the company from 1991 to 1997. M&M is a multinational conglomerate that operates in various sectors such as automobiles, aerospace, defense, hospitality, and more.
Apart from M&M, Keshub Mahindra was also associated with several other companies and institutions. Here are some of the companies he was associated with:
- Indian Hotels Company Limited
- HDFC Bank Limited
- Piramal Enterprises Limited
- Mahindra Ugine Steel Company Limited
- Mahindra Sintered Products Limited
- Mahindra Hinoday Industries Limited
- Bajaj Auto Limited
- ICICI Bank Limited
- The Bombay Dyeing and Manufacturing Company Limited
- The Indian School of Business, Hyderabad
Keshub Mahindra was also involved in various industry associations and institutions such as the Confederation of Indian Industry (CII) and the Harvard Business School.
FAQ
Q: Who was Keshub Mahindra?
Ans: Keshub Mahindra was a successful businessman from India. He was the Chairman of Mahindra & Mahindra, a multinational conglomerate that operates in various sectors such as automobiles, aerospace, defense, hospitality, and more. He was also involved with various other companies and institutions.
Q: What was Keshub Mahindra’s net worth?
Ans: Keshub Mahindra’s net worth at the time of his passing in October 2020 is not publicly known. However, the Mahindra family, which he was a part of, is one of the wealthiest families in India, with a net worth estimated at over $19 billion, according to Forbes’ 2021 list of India’s richest people.
Q: What were Keshub Mahindra’s achievements?
Ans: Keshub Mahindra played a key role in shaping the growth and success of Mahindra & Mahindra, which became one of the biggest and most respected companies in India under his leadership. He was also involved with various industry associations and institutions and was widely respected in India’s business community for his contributions to the growth and development of Indian industry. He was honored with numerous awards and recognitions throughout his career.
Q: What companies was Keshub Mahindra associated with?
Ans: Keshub Mahindra was associated with Mahindra & Mahindra for several decades and was also involved with several other companies and institutions. Some of the other companies he was associated with include Indian Hotels Company Limited, HDFC Bank Limited, Piramal Enterprises Limited, Bajaj Auto Limited, and more.