Under Vijaypat Singhania, Raymond Group evolved beyond fabrics into a diversified empire. His bold vision and expansion into new sectors redefined the company’s growth story and legacy.
Ex-Raymond chairman Vijaypat Singhania dies at 87 in Mumbai
New Delhi: Former chairman of the Raymond Group and Padma Bhushan awardee Dr. Vijaypat Singhania passed away on Saturday at the age of 87. His son and current head of Raymond, Gautam Singhania, confirmed this sad news through the social media platform X. He described his father as a visionary leader, an inspiring personality, and a pillar of the industry. His death has sent waves of grief through the corporate world and society.
Dr. Vijaypat Singhania was born on October 4, 1938. He was one of India's leading industrialists and is credited with taking the Raymond Group to new heights. He served as the chairman of the company from 1980 to 2000. Under his leadership, Raymond expanded beyond the textile industry and established its presence in several sectors such as steel, cement, and denim.
He was not only a successful businessman but also a person with a versatile personality. His contributions gave a new direction to the Indian industrial sector and earned him recognition as a trendsetter.
Vijaypat Singhania was known not only for his business achievements but also for his adventurous hobbies. He had a special interest in aviation and adventurous activities. He was a skilled pilot and hot air balloonist.
In 2005, at the age of 67, he set a world record by flying a hot air balloon to a height of 69,000 feet. This achievement reflects his courage and passion. For this contribution the Indian Air Force honored him with the title of 'Honorary Air Commodore.'
In addition, he was also awarded the Padma Bhushan by the Government of India in 2006, which symbolizes his contribution to industry and society.
Dr. Vijaypat Singhania passed away on Saturday at the age of 87. As soon as the news of his death emerged, people from the business world, social media, and various fields paid tribute to him. People are remembering him as a 'bossman' and 'trendsetter.'
Vijaypat Singhania is survived by his wife, Asha Devi Singhania, and three children - Madhu Pati, Shefali, and Gautam Singhania. His last rites will be held on Sunday afternoon at 3:00 PM at Chandanwadi Crematorium in Mumbai. Family, friends, and many from the business world are likely to attend his final farewell.
