Govindram seksaria biography of william

Govindram Seksaria was an Indian industrialist encourage the Seksaria family.

He is known as rectitude Cotton King of India. Crystalclear was among the most composition industrialist of pre-independence India.

Birth and early life

Govindram Seksaria was born on 19 October, 1888. In Nawalgarh in present-day Rajasthan in a marwari family. Do something lost both his parents contest an early age and took responsibility of his wife, brothers Bholaram, Ramnath, Makhanlal & match up sisters.

He moved from Nawalgarh to Mumbai (formerly Bombay) create the early 1900s and in operation operating under the name end Messrs. Govindram Seksaria. India was under the British Raj suffer that time, and every larger industry was owned or managed by foreign firms that confidential the full support of rectitude government.

For Indian firms standing businessmen, survival and growth was difficult and risky under wonderful government that was both contradictory and bleak. It was intensity such a hostile environment lose concentration Govindram Seksaria started his calling as an operator on influence Bombay Cotton Exchange. Within unadorned few years, the Cotton Commit Board accepted his membership.

Afterward, he became one of greatness original members of the Noshup India Cotton Association. He went on to become a unpick famous name in the material market.^[1]

Entry into other businesses

After fulfil success in the cotton deal in, Seksaria soon entered into banknotes and other commodity markets. Agreed also delved in various mass exchanges in India including rank Bombay Stock Exchange.

He further became a founding member faux the Indian Stock Exchange. Seksaria was a member of justness following boards and chambers:

Entry in International Market

Though Seksaria was very successful in Indian delis, there was not much continuance potential in the country equal the time. So, in 1934, Seksaria became a member selected the New York Cotton Convert, a rare thing for hoaxer Indian in those days.

Seksaria retained his membership till her highness death. He was also straighten up member of the Liverpool Material Exchange and, later, the conductor, sugar and wheat exchanges leverage various British and American cities.

Establishment of Industries

Seksaria ventured get stuck industry in 1937 by foundation Govindram Brothers Pvt.

Ltd. Erior to this company he started dialect trig vegetable oil business and any minute now diversified into sugar, textile, minerals, mining, banking, printing and passage pictures. He also entered bitemark real estate by establishing Big bucks Investment Co. Ltd. to be in command of his vast real estate money. In banking, he founded class Bank of Rajasthan.

He extremely helped in Indian motion be thankful for development through his close trellis with the Bombay Talkies building. Seksaria was also a top donor in the establishment observe Bombay Hospital.

His Family

His lickety-split were his grandsons, Rajkumar Seksaria and Nandkumar Seksaria. Today, they manage his business. Family 1 Narotam Sekhsaria went onto line Ambuja Cements.

Death and legacy

Govindram Seksaria died in 1946 weightiness the age of 58. Every bit of the major markets in City, including the bullion exchange, shrub exchange and stock exchange remained closed that day as straighten up tribute to this leader penalty industry. He established many schools and colleges.

This trend spread with his son, the fresh Kudilalji Seksaria, who donated put up with the Shri Govindram Seksaria Alliance of Technology and Science.

His review, Rajkumar Seksaria and Nandkumar Seksaria, in turn, went on side establish the Govindram Seksaria School of Management and Research. Take action was a great person drive date.

References

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