Keshub Mahindra was an influential Indian businessman and Chairman Emeritus of the Mahindra Group, where he held the position for almost five decades until his retirement in August 2012. He then passed the position to his nephew, Anand Mahindra. Mahindra was widely known for his contributions to philanthropy, having left a lasting impact on many lives. On April 12, 2023, Keshub passed away at the age of 99.
Keshub had an impressive net worth of $1.2 billion when he retired from his chairmanship at Mahindra Group on August 9, 2012. During his 48 years of leadership, the group expanded from primarily automotive production to include IT, real estate, finance, and hospitality. His nephew, Anand Mahindra, took over the reins of the business after his retirement.
|Real name||Keshub Mahindra|
|Birthdate||October 9, 1923|
|Death||April 12, 2023|
|place of birth||Shimla, British India|
|Family||Father: Jagdish Chandra Mahindra Mother: Not available Sister: Not available Brother: Not available|
Birth and early life
Keshub Mahindra was born on October 9, 1923 in Shimla, British India. He later graduated from the esteemed Wharton School of the University of Pennsylvania, United States. He was an accomplished businessman, philanthropist and social activist who made immense contributions during his lifetime.
Keshub Mahindra began his journey after completing his studies and joined Mahindra & Mahindra in 1947. Under his leadership and guidance, he was appointed President in 1963 and has been a driving force for the organization since then. He has been instrumental in growing the company and creating a strong legacy for future generations.
Keshub is a distinguished figure in India, highly regarded for his public service. He was appointed by the Government of India to serve on various committees, including the Sachar Commission on Company Law and MRTP, and the Central Industries Advisory Council. In 1987, Keshub received the title of Knight of the National Order of the Legion of Honor from the French government. From 2004 to 2010, Keshub was a member of the Prime Minister’s Council of Commerce and Industry in New Delhi. Mahindra has made significant contributions to the Indian industry, with a lasting impact that will be felt today and in the future.
Keshub’s illustrious career was rewarded in 2007 with the Lifetime Achievement Award from Ernst & Young. His commitment to leadership, innovation and growth earned him a Frost and Sullivan Award for these same qualities in 2015. His accomplishments are undeniable and his legacy will live on in the annals of business history.
In 1984, Keshub was non-executive chairman of Union Carbide India Limited when the devastating Bhopal gas tragedy of 1984 occurred, claiming the lives of 3,787 people according to the Government of Madhya Pradesh. In June 2010, Mahindra and six other former employees of the Union Carbide subsidiary were sentenced to two years in prison each and a fine of Rs 1,00,000. All of the Indian nationals involved were over 70 years old and were released on bail shortly after the sentencing.
On April 12, 2023, India lost a beloved industry icon, Keshub Mahindra, Chairman Emeritus of Mahindra & Mahindra Group. He passed away at the age of 99, leaving behind a legacy that has transformed India’s automotive and manufacturing industries.
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