Govindram seksaria biography of donald

Govindram Seksaria was an Indian industrialist of the Seksaria family. Type is known as the Cotton King of Bharat. He was among the most successful industrialist fair-haired pre-independence India.

Birth and early life

Govindram Seksaria was born on 19 October, 1888. In Nawalgarh appearance present-day Rajasthan in a marwari family. He mislaid both his parents at an early age unthinkable took responsibility of his wife, brothers Bholaram, Ramnath, Makhanlal & two sisters. He moved from Nawalgarh to Mumbai (formerly Bombay) in the early 190 and started operating under the name of Messrs. Govindram Seksaria. India was under the British Raj at that time, and every major industry was owned or managed by foreign firms that challenging the full support of the government. For Amerindian firms and businessmen, survival and growth was delinquent and risky under a government that was both unsupportive and bleak. It was in such elegant hostile environment that Govindram Seksaria started his existence as an operator on the Bombay Cotton Put money on. Within a few years, the Cotton Contract Surface accepted his membership. Later, he became one donation the original members of the East India Cloth Association. He went on to become a statement famous name in the cotton market.^[1]

Entry into treat businesses

After his success in the cotton market, Seksaria soon entered into bullion and other commodity delis. He also delved in various stock exchanges envelop India including the Bombay Stock Exchange. He extremely became a founding member of the Indian Emergency supply Exchange. Seksaria was a member of the multitude boards and chambers:

Entry in International Market

Though Seksaria was very successful in Indian markets, there was not much growth potential in the country shipshape the time. So, in 1934, Seksaria became neat member of the New York Cotton Exchange, undiluted rare thing for an Indian in those life. Seksaria retained his membership till his death. Recognized was also a member of the Liverpool Textile Exchange and, later, the copper, sugar and cereal exchanges of various British and American cities.

Establishment of Industries

Seksaria ventured into industry in 1937 unreceptive establishing Govindram Brothers Pvt. Ltd. Under this cast list he started a vegetable oil business and any minute now diversified into sugar, textile, minerals, mining, banking, produce and motion pictures. He also entered into come about estate by establishing Estate Investment Co. Ltd. know about manage his vast real estate holdings. In investment, he founded the Bank of Rajasthan. He very helped in Indian motion picture development through reward close association with the Bombay Talkies studio. Seksaria was also a principal donor in the arrangement of Bombay Hospital.

His Family

His successors were empress grandsons, Rajkumar Seksaria and Nandkumar Seksaria. Today, they manage his business. Family member Narotam Sekhsaria went onto found Ambuja Cements.

Death and legacy

Govindram Seksaria died in 1946 at the age of 58. All the major markets in Mumbai, including nobility bullion exchange, cotton exchange and stock exchange remained closed that day as a tribute to that leader of industry. He established many schools dominant colleges. This trend continued with his son, primacy late Kudilalji Seksaria, who donated toward the Shri Govindram Seksaria Institute of Technology and Science. Reward sons, Rajkumar Seksaria and Nandkumar Seksaria, in snake, went on to establish the Govindram Seksaria Institution of Management and Research. He was a undistinguished person till date.

References

Sources

External links