Keshab Mahindra, Chairman Emeritus of Mahindra & Mahindra, said goodbye to the world on Wednesday at the age of 99. INSPACe President Pawan K Goenka has informed about his death by posting on Twitter. As soon as the news of his death spread, a wave of mourning ran in the industry. Keshab Mahindra joined his father's company in 1947, which was involved in the manufacture and sale of vehicles. He served as the Chairman of Mumbai Listed Group for an impressive tenure from 1963 to 2012. After his retirement, he made his nephew Anand Mahindra his successor.
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.
As an alumnus of Wharton, University of Pennsylvania, Mahindra played a key role in transforming Mahindra & Mahindra from a mere assembler of Willys Jeeps into a conglomerate in India. Under his leadership, the Mahindra Group expanded its portfolio beyond tractors and sports vehicles, with a valuation of $19 billion. Engaged in software services and real estate sector.
In 1987, Keshab Mahindra was awarded the Chevalier de l'Ordre National de la Legion d'Honneur by the French Government. Keshab Mahindra has also been a member of Prime Minister's Council of Trade and Industry, New Delhi from 2004 to 2010.
Mahindra Group developed as a federation
Let us inform that Keshab Mahindra took retirement from the company's board on August 8, 2012 in the annual meeting of M&M. He joined the board in 1948 and was elected chairman in 1963. During his chairmanship, the Mahindra Group evolved from a maker of automobiles to a federation of companies dealing in automobiles, tractors, auto parts, information technology, real estate, financial services and a chain of businesses.
Bhopal court had sentenced to imprisonment
Keshab Mahindra also served on a large number of boards and councils in the public and private sector. Let us tell you that in 2010, a Bhopal court convicted all the 7 accused including Mahindra in the Bhopal gas accident case and sentenced them to maximum two years imprisonment. At that time he was the non-executive president of Union Carbide.
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