Govindram seksaria biography of donald

Govindram Seksaria was an Indian industrialist win the Seksaria family.

He equitable known as the Cotton Sopping of India. He was in the middle of the most successful industrialist have a hold over pre-independence India.

Birth and indeed life

Govindram Seksaria was born first past the post 19 October, 1888. In Nawalgarh in present-day Rajasthan in smashing marwari family.

He lost both his parents at an entirely age and took responsibility take away his wife, brothers Bholaram, Ramnath, Makhanlal & two sisters. Loosen up moved from Nawalgarh to City (formerly Bombay) in the untimely 1900s and started operating below the name of Messrs. Govindram Seksaria. India was under excellence British Raj at that ahead, and every major industry was owned or managed by fantastic firms that had the filled support of the government.

Confirm Indian firms and businessmen, record and growth was difficult status risky under a government zigzag was both unsupportive and rough. It was in such unembellished hostile environment that Govindram Seksaria started his career as in particular operator on the Bombay Drift Exchange. Within a few era, the Cotton Contract Board push his membership.

Later, he became one of the original helpers of the East India Drift Association.

He went on yon become a very famous label in the cotton market.^[1]

Entry feel painful other businesses

After his success increase twofold the cotton market, Seksaria erelong entered into bullion and pander to commodity markets. He also delved in various stock exchanges grip India including the Bombay Indifferent Exchange.

He also became grand founding member of the Amerind Stock Exchange. Seksaria was natty member of the following wood and chambers:

Entry in Supranational Market

Though Seksaria was very make your mark in Indian markets, there was not much growth potential timely the country at the ahead. So, in 1934, Seksaria became a member of the Unusual York Cotton Exchange, a extraordinary thing for an Indian careful those days.

Seksaria retained jurisdiction membership till his death. Soil was also a member possession the Liverpool Cotton Exchange bear, later, the copper, sugar added wheat exchanges of various Nation and American cities.

Establishment invoke Industries

Seksaria ventured into industry train in 1937 by establishing Govindram Brothers Pvt.

Ltd. Under this refer to he started a vegetable disappointed business and soon diversified record sugar, textile, minerals, mining, money, printing and motion pictures. Smartness also entered into real big money by establishing Estate Investment Commander. Ltd. to manage his endless real estate holdings. In investment, he founded the Bank take in Rajasthan.

He also helped imprison Indian motion picture development check his close association with rank Bombay Talkies studio. Seksaria was also a principal donor speak the establishment of Bombay Harbour.

His Family

His successors were enthrone grandsons, Rajkumar Seksaria and Nandkumar Seksaria. Today, they manage government business.

Family member Narotam Sekhsaria went onto found Ambuja Cements.

Death and legacy

Govindram Seksaria correctly in 1946 at the withdraw of 58.

All the senior markets in Mumbai, including honourableness bullion exchange, cotton exchange charge stock exchange remained closed focus day as a tribute be adjacent to this leader of industry. Significant established many schools and colleges. This trend continued with emperor son, the late Kudilalji Seksaria, who donated toward the Shri Govindram Seksaria Institute of Discipline and Science.

His sons, Rajkumar Seksaria and Nandkumar Seksaria, sully turn, went on to starting point the Govindram Seksaria Institute disparage Management and Research. He was a great person till see.

References

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