18 Facts About Abasaheb Garware

1.

Bhalchandra Digamber Garware was a pioneering industrialist from Maharashtra state in India and Founder Chairman of the Garware Group of Industries.

2.

Abasaheb Garware was born in Tasgaon in Satara district of Bombay Presidency on 21 December 1903.

3.

Abasaheb Garware faced poverty since his father wasted away all the family wealth and incurred large amount of debts.

4.

Abasaheb Garware then started working as an agent for selling second-hand cars.

5.

Abasaheb Garware got into the business of selling spares, accessories, tyres, etc.

6.

In 1933, Abasaheb decided to go to England since second-hand cars were cheap in England then.

7.

Abasaheb Garware's move of buying cars in England helped him to get a good grip on the second-hand car business.

8.

Abasaheb Garware showed his business acumen when he entered the Plastic Industry.

9.

Abasaheb Garware identified Plastic Industry as an upcoming industry and hence he entered it.

10.

Abasaheb Garware started manufacturing Plastic buttons for the Navy during the 2nd World War.

11.

Abasaheb Garware had a good success due to his keenness of quality.

12.

Abasaheb Garware was an entrepreneur who put into practice Gandhiji's precepts of trusteeship for the good of workers.

13.

Abasaheb Garware decided to pay back his earnings to Society to distribute his profit towards social causes like health, education etc.

14.

Abasaheb Garware made numerous donations for schools and colleges, laboratories, libraries, gymnasia, etc.

15.

Abasaheb Garware founded about seventy five Trusts for pursuing various charitable objectives.

16.

Abasaheb Garware was appointed as Sheriff of Mumbai in 1959.

17.

Abasaheb Garware was chosen to lead institutions like the State Bank of India, Maharashtra State Financial Corporation and many delegations to foreign countries.

18.

Abasaheb Garware was awarded the Udyog Ratna by the Institute of Economic Studies in 1989.