Singhania family

Singhania family
Ethnicity Rajasthani Marwari
Current region Kanpur, Delhi, Mumbai, India
Place of origin Singhana, Rajasthan, India
Members Lala Juggilal Singhania
Lala Kamlapat Singhania
Sir Padampat Singhania
Kailashpat Singhania
Lakshmipat Singhania
Gaur Hari Singhania
Govind Hari Singhania
Gopal Krishna Singhania
Shyam Hari Singhania
Vijaypat Singhania
Ajaypat Singhania
Hari Shankar Singhania
Bharat Hari Singhania
Raghupati Singhania
Sripati Singhania
Yadupati Singhania
Nidhipati Singhania
Ramapati Singhania
Gautam Singhania
Madhupati Singhania
Akshaypat Singhania
Anantpat Singhania
Harshpati Singhania
Vikrampati Singhania
Anshuman Singhania
Srivats Singhania
Vinita Singhania
Raghavpat Singhania
Madhavkrishna Singhania
Estate(s) Kamla Retreat (Kanpur)
Ganga Kutir (Kanpur)
JK House (Mumbai)

The Singhania family is a prominent Indian business family, that started out in the Indian city of Kanpur.[1][2][3] The family expanded into three major branches and is currently based out of Kanpur, Mumbai and Delhi. JK Organisation founded by Lala Kamlapat Singhania is one of the largest conglomerates in India today, with multiple million and billion dollar companies under its belt. The family owns majority stakes in several publicly listed companies such as JK Tyre, JK Cement, JK Lakshmi Cement, JK Paper, Jaykay Enterprises, JK Sugar, JK Agri Genetics (JK Seeds) and JK Dairy (Umang Dairies).[4][5] Some privately held companies in the family are Raymond Group, J.K. Ansell, JK Technosoft, JK Fenner, Global Strategic Technologies and Dwarkesh Energy.[6][7]

Family history

As per records of JK Temple Kanpur, Vinodi Das Singhania left his home in Singhana - a little town in the Jhunjhunu district of Rajasthan - in 1775. He resettled in Farrukhabad, a small business town near Kanpur. He started off as a Banker and diversified into trading. This was the time when East India Company was entering India. His sons - Ramsukhdas and Sarbsukhdas - later joined the family business and opened branch offices in Kanpur, Kolkata, Varanasi and Mirzapur.[8]

After Ramsukhdas and Sarbsukhdas, the business was passed on to Ramsukhdas' son, Sewaram. Baldeodas took over the reins of the business along with his brother Munnalal from his father Sewaram. During this time the family also earned the royal title of 'Rajah Sahib'. Baldeodas had six sons and among them was Juggilal who took over the family business and played an important role in expanding and diversifying the business from bankers and traders to industrialists.[9][10] In 1905, Juggilal and his family shifted to their Kanpur house after a division in the family business which then owned two flour mills — the Ganges Flour Mill and Cawnpore Flour Mill — apart from being the sole selling agents for Elgin Mills, Cawnpore Cotton Mills and Victoria Mills. The division created two new business units - Baldeodas-Kedarnath and Baijnath-Juggilal.[11]

After Kamlapat the business was passed on to his three sons - Padampat, Kailashpat and Lakshmipat. Padampat established Straw Products Ltd in 1940 with support from Nawab of Bhopal - Hamidullah Khan. The brothers set up a gas plant - JK Rampur Gas Plant - with support from princely state of Rampur. They also acquired a plant of the Aluminium Corporation of India in Asansol. Lakshmipat took the lead in order to make the plant operational. He also established a small steel plant - JK Steels - near Rishra in West Bengal, and a paper mill in Odisha. The brothers also acquired National Insurance Company during the period of World War II. The family supported the British Government during the war years and stepped up the production to meet the needs of British Army. Due to the support given to British Government during the war years, Padampat Singhania was conferred with knighthood at The Viceroy's House, New Delhi, on 23 February 1943.[12][8]

In 1944, the family bought a woolen textile mill - Raymond Woollen Mills - in Thane from E D Sassoon & Co. Kailashpat took charge of the company and was instrumental in its growth. Today Raymond Group is a leading producer of fabrics in India. The business subsequently got divided between the brothers. Padampat took over the north Zone with Kanpur as headquarters. Lakshmipat resettled in Kolkata and took control of eastern zone while Kailashpat moved to Mumbai to head the western zone. Later on Lakshmipat moved to Delhi and established it as headquarters for businesses under his control.[8][13]

Family branches

Kanpur branch

Padampat Singhania continued to manage the businesses from Kanpur while his younger brothers moved to Mumbai and Kolkata. Being eldest in the family he was the President of the group but the companies operated independently with some cross holdings among them. After Padampat, his eldest son Gaur Hari Singhania became head of the businesses which were under Kanpur branch of the family.[8] Padampat's younger son Govind Hari Singhania was also involved in the business. After Gaur Hari Singhania's death the business is now headed by his son Yadupat Singhania. Some companies under control of Kanpur branch of the family are:

  • Jaykay Enterprises Ltd (formerly JK Synthetics Ltd.) - The company is involved in manufacturing of nylon and acrylic fibres.[14]
  • JK Cement Ltd - The company is the second largest manufacturer of white cement and wall putty in India.[15]
  • JK Cotton Ltd - The company was incorporated as a private company on 24 October 1924, originally founded by Kamlapat Singhania.[16] The cotton mill closed in 1989 due to union issues and overall decline of industry in Kanpur. It reopened again in 2009 and is the only private cotton mill in the city.[17][18]

Mumbai branch

The family purchased a textile mill - Raymond Woolen Mills - from ED Sassoon & Co in 1944. Kailashpat Singhania took over the control of the business and moved to Mumbai. After Kailashpat, his son Vijaypat managed the company. Currently it is being controlled and managed by Vijaypat's eldest son - Gautam Singhania. Companies and brands under control of Mumbai branch of the family are:

  • Raymond Group - Indian branded fabric and fashion retailer.[19]
  • Raymond Apparel Ltd - A subsidiary of Raymond group. Brands under Raymond Apparel are Park Avenue, Parx, Ethnix, and ColorPlus.[20]
  • JK Files India Limited - Subsidiary of Raymond group and the largest producer of files in the world.[21]
  • JK Ansell - Manufacturers and marketers of KamaSutra condoms. Also a subsidiary of Raymond group India.[22]

Delhi branch

In 1942, Kamlapat's youngest son Lakshmipat led the effort for acquisition of Aluminium Corporation of India plant in Asansol. He also established a small steel plant - JK Steels in West Bengal - and a paper mill in Odisha.[8] In 1960s, due to labor union problems in West Bengal and nationalisation of several companies under family's control, the family moved from Kolkata to Delhi. After Lakshmipat, his eldest son Hari Shankar Singhania took over the control of the companies and managed it along with his brothers and other family members.[23][24][25] Major companies under control of Delhi branch of the family are:

  • JK Tyre - Engaged in manufacturing and marketing of tires and a market leader in radial tires in India. It has a worldwide customer base in over 80 countries across all 6 continents.[26]
  • JK Paper Ltd - Engaged in manufacturing and marketing of paper products.[27]
  • JK Lakshmi Cement - Manufacturer of cement and cementitious materials.[28]
  • JK Fenner - The company is engaged in manufacturing of products such as belts, pulleys, couplings, variable speed drives, clutches and gear boxes.[29]

Prominent members

  • Lala Juggilal Singhania (1857-1922) - Born to Baldeodas in 1957. He was the founder of JK Organisation along with his son Lala Kamlapat Singhania.[30]
    • Lala Kamlapat Singhania (1884-1937) - He was the son of Juggilal and founder of eponymous JK Organisation - J stands for Juggilal while K stands for Kamlapat.[31]
      • Padampat Singhania (1904–1979) - Eldest son of Lala Kamlapat Singhania, he continued to manage the companies from Kanpur. He was conferred with knighthood by the British in 1943. He was also the President of JK Organisation until his death.[32]
        • Gaur Hari Singhania (1935-2015) - Eldest son of Padampat Singhania and former Chairman of JK Group Kanpur.[33]
          • Yadupati Singhania (born 1953) - Son of Gaur Hari Singhania and current Chairman and Managing Director of JK Cement Ltd. He is an alumnus of IIT Kanpur.[34][35]
        • Govind Hari Singhania (1937-2014) - Son of Padampat Singhania and Director of JK Organisation.[36][37][38]
      • Kailashpat Singhania (1907-1969) - Second son of Kamlapat Singhania, headed the western zone of business from Mumbai. Instrumental in growth of Raymond Group.[39]
        • Vijaypat Singhania (born 1938) - Son of Kailashpat Singhania and former Chairman and Managing Director of Raymond Ltd, India. Currently Chairman Emeritus of Raymond Ltd.[40]
      • Lakshmipat Singhania (1910-1976) - Youngest son of Kamlapat Singhania, he headed the northern zone of JK Organisation's businesses. He moved to Kolkata from Kanpur and later on established Delhi as headquarters for businesses under his control. His family controls companies such as JK Paper, JK Laskhmi Cement and JK Tyre.[42]
        • Hari Shankar Singhania (1933-2013) - Son of Lakshmipat Singhania and former Chairman of JK Paper, JK Tyre and JK Lakshmi Cement. He was also on board of several companies and held positions of Director and President for various companies. He was also the President of JK Organisation until his death.[43] He was awarded Padma Bhushan - the third-highest civilian award in the Republic of India - in the year 2003. He was also awarded Royal Order of Polar Star from the King of Sweden.[44]
        • Bharat Hari Singhania (born 1939) - Son of Lakshmipat Singhania and current President of JK Organisation. He is also the current Chairman & MD of JK Lakshmi Cement, MD & Executive Director of JK Tyre and Chairman of JK Paper and JK Agri Genetics Ltd.[45][46]
          • Harsh Pati Singhania (born 1965) - Son of Bharat Hari Singhania. He is the current Vice Chairman & MD of JK Paper Limited.[47][48]
          • Vikrampati Singhania (born 1967) - Son of Bharat Hari Singhania. He is the Managing Director of Fenner (India) Ltd and former Managing Director of JK Tyre from 1997 to 2016. He is also a Director of JK Sugar Limited and Non Executive Director of JK Agri Genetics Limited.[49]
        • Raghupati Singhania (born 1947) - Son of Lakshmipat Singhania. He is the current Chairman & MD of JK Tyre & Industries Limited. He also holds position of Director and Chairman in several other organisations.[50]
        • Vinita Singhania (born 1953) - Wife of Sri Pati Singhania and daughter in law of Lakshmipat Singhania. She is the current Managing Director of JK Lakshmi Cement.[51]
          • Anshuman Singhania - Son of Sri Pati and Vinita Singhania. He is a Whole-Time Director of JK Tyre & Industries.[52]

References

  1. ↑ "JK Kids - JK Organisation". www.jkkids.in. Retrieved 2018-05-07.
  2. ↑ "JK Group remembers Kamlapat - Times of India". The Times of India. Retrieved 2018-05-07.
  3. ↑ "Singhanias settle 3-decade old property feud before SC - Times of India". The Times of India. Retrieved 2018-05-07.
  4. ↑ "Umang Dairies: Turn around company by JK Group". ValuePickr Forum. Retrieved 2018-02-28.
  5. ↑ "JK Cement - Company Profile". www.jkcement.com. Retrieved 2018-02-28.
  6. ↑ "The 'Complete Man' undergoing changes- Business News". www.businesstoday.in. Retrieved 2018-02-28.
  7. ↑ User, Super. "Dwarkesh Energy". www.jkorg.in. Retrieved 2018-02-28.
  8. 1 2 3 4 5 "Juggilal & Kamlapat: Venerable architects of the JK Group - Marwar". Marwar. 2016-06-10. Retrieved 2018-05-06.
  9. ↑ Gupta, Badlu Ram (1975). The Aggarwals: a socio-economic study. S. Chand.
  10. ↑ Rao, P. Chentsal (July 1986). Lakshmipat Singhania: his concepts and creations. Vikas.
  11. ↑ Trivedi, Preeti (2017-12-01). Kanpur Unveiled. Bhartiya Sahitya Inc. ISBN 9781613016282.
  12. ↑ "The London Gazette" (PDF). The London Gazette.
  13. ↑ "Driven by consensus". @businessline. Retrieved 2018-05-07.
  14. ↑ "Corporate Website". Retrieved 2018-05-07.
  15. ↑ "Corporate Website". Retrieved 2018-05-07.
  16. ↑ "J.K. COTTON SPINNING & WEAVING MILLS CO.LTD". www.jkcotton.com. Retrieved 2018-05-07.
  17. ↑ "JK Cotton Mill re-opens after 20 years, 400-500 to get job - Times of India". The Times of India. Retrieved 2018-05-07.
  18. ↑ "How the Once Flourishing Kanpur Textile Mills Decayed - The Wire". The Wire. Retrieved 2018-05-07.
  19. ↑ "The Raymond Group | Raymond". www.raymond.in. Retrieved 2018-05-07.
  20. ↑ "Our brands | Raymond". www.raymond.in. Retrieved 2018-05-07.
  21. ↑ "JK Files (India) Limited". www.jkfilesandtools.com. Retrieved 2018-05-07.
  22. ↑ Gupta, Soumya (2017-08-17). "Raymond buys Ansell's stake in their joint venture JK Ansell". Retrieved 2018-05-07.
  23. ↑ Bhandari, Bhupesh (2013-02-25). "Born to business, then had to start afresh". Business Standard India. Retrieved 2018-05-07.
  24. ↑ "JK Group faced a 'Singur' in Bengal, in 1969!- Business News". www.businesstoday.in. Retrieved 2018-05-07.
  25. ↑ "Singhanias back in Bengal". The Telegraph. Retrieved 2018-05-07.
  26. ↑ "OUR HERITAGE – JK TYRE". www.jktyre.com. Retrieved 2018-05-07.
  27. ↑ Administrator. "About Us - Paper Manufacturer in India, Coated Paper & Premium Packaging Boards | JK Paper". www.jkpaper.com. Retrieved 2018-05-07.
  28. ↑ "About Us – JK Lakshmi". Retrieved 2018-05-07.
  29. ↑ "Fenner India - Products". www.jkfennerindia.com. Retrieved 2018-05-07.
  30. ↑ "J.K. COTTON SPINNING & WEAVING MILLS CO.LTD". www.jkcotton.com. Retrieved 2018-05-06.
  31. ↑ Service, Indo-Asian News (2014-11-12). "JK Organisation's Rs.20,000 crore investment plans on track". India.com. Retrieved 2018-05-06.
  32. ↑ "The Singhania story". @businessline. Retrieved 2018-05-06.
  33. ↑ "JK group Chairman Gaur Hari Singhania passes away". The Economic Times. 2015-02-04. Retrieved 2018-05-05.
  34. ↑ "Yadu Pati Singhania Profile". dora.iitk.ac.in. Retrieved 2018-05-05.
  35. ↑ "Yadupati Singhania, JK Cement Ltd: Profile & Biography - Bloomberg". Bloomberg. Retrieved 2018-05-05.
  36. ↑ Kumar, Anuj (2011-05-25). "To Sir, with love". The Hindu. Retrieved 2018-05-05.
  37. ↑ "Executive Profile & Biography - Govind Hari Singhania". www.bloomberg.com. Retrieved 2018-05-05.
  38. ↑ "JK Business School Organises Govind Hari Singhania Memorial Lecture and Alumni Meet". PR.com. Retrieved 2018-05-05.
  39. ↑ "Raymond's ex-tycoon Vijaypat Singhania is now penniless – All you need to know". Zee News. 2017-08-10. Retrieved 2018-05-07.
  40. ↑ Mishra, Ashish K. (2015-07-29). "Singhania vs Singhania: what went wrong?". Retrieved 2018-05-06.
  41. ↑ "Executive Profile - Gautam Hari Singhania". Bloomberg.com. Retrieved 2018-05-06.
  42. ↑ indiainfoline.com. "President of India launches special stamp of Lala Lakshmipat Singhania". Retrieved 2018-05-06.
  43. ↑ "JK Organisation President Hari Shankar Singhania passes away". The Hindu. PTI. 2013-02-23. Retrieved 2018-05-06.
  44. ↑ "Hari Shankar Singhania – Paper Discovery Center". www.paperdiscoverycenter.org. Retrieved 2018-05-06.
  45. ↑ "Executive Profile - Bharat Hari Singhania". Bloomberg.com. Retrieved 2018-05-06.
  46. ↑ India, Press Trust of (2015-04-09). "Bharat Hari Singhania takes over as JK Organisation President". Business Standard India. Retrieved 2018-05-06.
  47. ↑ "Executive Profile - Harsh Pati Singhania". Bloomberg.com. Retrieved 2018-05-05.
  48. ↑ "In Person with Mr. Harshpati Singhania - Papermart". papermart.in. Retrieved 2018-05-06.
  49. ↑ "Executive Profile - Vikrampati Singhania". Bloomberg.com. Retrieved 2018-05-06.
  50. ↑ "Executive Profile - Raghupati Singhania". Bloomberg.com. Retrieved 2018-05-06.
  51. ↑ "Vinita Singhania Managing Director of JK Lakshmi Cement". The CEO Magazine. 2017-07-28. Retrieved 2018-05-05.
  52. ↑ "Executive Profile - Anshuman Singhania". Bloomberg.com. Retrieved 2018-05-05.
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