Keshub Mahindra was an Indian businessman and the chairman emeritus of the Mahindra Group, a diversified Indian conglomerate with interests spanning automobiles, software services, hospitality, aerospace and defence.
18 Facts About Keshub Mahindra
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Keshub Mahindra was the son of K C Mahindra, the co-founder of the Mahindra Group.
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Keshub Mahindra served on the boards of many Indian companies including Tata Chemicals, Steel Authority of India, Indian Hotels Company Limited, ICICI Bank, and Tata Steel.
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Keshub Mahindra was the founding chairman of Housing and Urban Development Corporation, an Indian public sector undertaking focused on housing finance and infrastructure project finance.
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Keshub Mahindra was born on 9 October 1923 in Shimla, in the present-day Indian state of Himachal Pradesh.
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Keshub Mahindra started as a steel trading company and later ventured into manufacturing automobiles in a partnership with Willys to manufacture its Jeep brand of automobiles in India.
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Keshub Mahindra took over as the company's chairman in 1963 and held the position until his retirement in 2012.
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At the time of his retirement, when he handed over leadership of the company to his nephew Anand Keshub Mahindra, the company was a diversified Conglomerate with interests in software services, aerospace and defence, real estate, and hospitality.
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Keshub Mahindra was a member of the Apex Advisory Council of ASSOCHAM and was the president emeritus of the Employers' Federation of India.
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Keshub Mahindra was an honorary fellow of the All-India Management Association, New Delhi and a member of the Council of the United World Colleges in the United Kingdom.
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Keshub Mahindra was on the board of other Indian companies including Tata Chemicals, Steel Authority of India, Indian Hotels Company Limited, ICICI Bank, and Tata Steel.
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Keshub Mahindra was the founding member and served as the chairman of Housing and Urban Development Corporation, an Indian public sector undertaking focused on housing finance and infrastructure project finance.
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Keshub Mahindra had served as the director of Bombay Dyeing and the Burmah Trading Corporation.
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Keshub Mahindra was a proponent of good governance and ethics and has stated his views in several publications and forums, including in an interview for the Creating Emerging Markets project at the Harvard Business School, during which he talks about the Keshub Mahindra Group's evolution into a global business group and his determination never to compromise on high ethical values.
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Keshub Mahindra served as the chairman of the Indian Institute of Management Ahmedabad between 1975 and 1985.
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Keshub Mahindra was awarded the Frost and Sullivan Award for Leadership, Innovation and Growth in 2015.
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Keshub Mahindra declined the Padma Bhushan, India's third-highest civilian honour, in 2002.
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Keshub Mahindra had served as the non-executive chairman of Union Carbide India Limited at the time the Bhopal disaster took place in December 1984, in which 3,787 people died.