India’s most prominent business tycoon died in 2022. The list given below:
Rakesh Jhunjhunwala, 62, died on August 14, 2022, in Mumbai. He was dubbed India’s Warren Buffett. He was a chartered accountant as well as a trader. He was Aptech and Hungama Media’s chairman.
Rahul Bajaj, the former chairman of the Bajaj Group and a supporter of the Indian automobile industry, died in February this year at the age of 83. He acquired control of Bajaj Auto in 1968 and expanded it to 40 firms, including Bajaj Auto, Bajaj Finance, Bajaj Finserv, and Bajaj Holdings and Investment, with a total market valuation of more than Rs 8.4 lakh crore.
Cyrus Mistry, a businessman and former chairman of the Tata Group, died in a vehicle accident in September of this year at the age of 54. Prior to his appointment as chairman of Tata Sons in 2012, Mistry was the MD of the huge construction firm Shapoorji Pallonji. Following his controversial departure from Tata Sons in 2016, he established a venture capital firm in 2018.
Jamshed J Irani
Jamshed J Irani, also known as “India’s Steel Man,” died in October 2022 at the age of 86. He joined Tata Steel in 1968. (then known as Tata Iron and Steel Company). He stayed with the company for the next 33 years, helping it become one of the world’s most cost-effective steel producers. He also served on the boards of other organisations outside of the Tata Group.
Vikram Kirloskar, 64, died in November as the vice chairman of Toyota Kirloskar Motor. The industrialist was a member of the fourth generation of the Kirloskar Group, which was founded in 1888. He was instrumental in bringing Toyota Motors from Japan to India. The Toyota manufacturing facility near Bengaluru is one of the largest automotive factories in India.
Arij Pirojshaw Khambata
The founder and chairman of the well-known beverage firm Rasna, Arij Pirojshaw Khambata, died in November of this year at the age of 85. Arij Pirojshaw Khambata grew his father Firoza Khambata’s Little business into Ariz, the world’s largest concentrate manufacturer, with operations in more than 60 countries. He made Rasna soft drink packs in the 1970s.