Arvind N. Mafatlal, born on 27 October 1923, in Ahmedabad, Gujarat, India, was a prominent Indian industrialist, philanthropist, and the patriarch of the Arvind Mafatlal Group. Under his leadership, the group grew from a textile company into a diversified conglomerate involved in chemicals and petrochemicals.
Key facts about Arvind Mafatlal:
· Business transformation: Mafatlal joined the family business, founded by
his grandfather Gagalbhai Mafatlal, in 1954. He strategically diversified the
group beyond its core textile business into petrochemicals by creating India's
first integrated petrochemical complex. This included forming major joint
ventures with international companies such as Royal Dutch Shell and Hoechst AG.
· Visionary leadership: During India's post-independence era, he was
celebrated as a key business leader. He steered the Mafatlal Group into
becoming one of the country's largest conglomerates, often ranked after the
Tata and Birla groups.
· Philanthropy and social
reform: Mafatlal was deeply
committed to social causes, focusing on rural upliftment, healthcare, and
education. He was the Chairman of the Bharatiya Agro Industries Foundation
(BAIF), which used modern technology to improve the lives of rural and tribal
populations.
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