In a shocking incident, former chairperson of Mahindra & Mahindra, Keshub Mahindra, and India’s oldest billionaire, passed away at the age of 99, on Wednesday, April 12, 2023.
Tweeting about Keshub Mahindra’s demise, Pawan K Goenka wrote, “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 inspired by how he connected business, economics and social matters. Om Shanti.”
“The Indian Automobile Industry today lost one of it’s pioneers Shri Keshub Mahindra, at the age of 99. His leadership in the early years of the journey of the Indian Auto Industry had led to India being recognised as an important player globally and also helped in India becoming a manufacturing hub for the Automobile sector. He was the President of SIAM during the year 1964. SIAM and the Indian Automobile Industry condoles the passing away of a true visionary and pray for the departed soul to rest in peace”, said Vinod Aggarwal, President, SIAM and MD & CEO, VECV.
Keshub Mahindra, chairman emeritus of Mahindra & Mahindra graduated from Wharton, University of Pennsylvania. He served as the chairman of the Mumbai-listed conglomerate for decades, from 1963-2012. He is also known for transforming the company to a diversified conglomerate under his leadership.
Mahindra’s demise leaves a space that can’t be filled. A well-known philanthropist, Keshub Mahindra is also known for his contributions towards the cause of building ethical corporations in India. Just like his many other stints, he was also appointed by the government to serve on several committees such as Sachar Commission, Central Advisor Council of Industries and so on.
