Keshub Mahindra- Here Is Everything You Need To Know About The Former Chairman
Mr. Mahindra, who was born on October 9, 1923, in Shimla, had a distinguished career as the leader of the Mahindra Group for 48 years.
It was reported that Keshub Mahindra, the chairman emeritus of Mahindra & Mahindra, passed away at the age of 99. This news is particularly tragic given that just a few days ago, he had re-entered the Forbes list of India's Richest Billionaires for 2023. According to the most recent edition of Forbes' list of the world's wealthiest individuals, Keshub Mahindra was the oldest billionaire in India and had a net worth of $1.2 billion.
Mahindra, who served as the chairman of the Mahindra & Mahindra group from 1963 until 2012, played a pivotal role in the company's transformation from a mere assembler of Willys Jeeps in India to a multifaceted conglomerate.
8 Facts About Keshub Mahindra’s Life
1. Mahindra, who was born on October 9, 1923, in Shimla, had a distinguished career as the leader of the Mahindra Group for 48 years.
2. The company, which was co-founded by his father K.C. Mahindra in 1945, benefited greatly from his involvement when he joined in 1947.
3. He took the position of chairman in 1963 and remained in that role for many years.
4. During the period between 2004 and 2010, he was a member of the Prime Minister’s Council on Trade & Industry.
5. During his tenure, the head of M&M oversaw the company's acquisition of Punjab Tractors and Gujarat Tractors, as well as the purchase of South Korean firm SsangYong Motor. Additionally, M&M ventured into the two-wheeler market and made an entry into the electric vehicle (EV) sector through the acquisition of REVA.
6. In addition to his business achievements, Mr. Mahindra was also a well-known philanthropist who helped redefine corporate governance standards in India.
7. Forbes has noted that he transformed the company from a mere assembler of Willys jeeps to a diversified conglomerate during his long tenure as chairman.
8. He was awarded the Chevalier de l'Ordre National de la Legion d'honneur by the French government in recognition of his contributions to the industry.
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