Former Raymond Chairman Vijaypat Singhania Dies

Mumbai: Former Raymond Chairman Vijaypat Singhania passed away on Saturday in Mumbai at the age of 87.

His son Gautam Singhania, who is the present Managing Director (MD) and Chairman of the group, announced the demise of his father on social media platform X, saying, “RIP. Om Shanti.“ A family announcement read, "With profound grief and deep sorrow, we inform the passing of Padma Bhushan Dr Vijaypat Kailashpat Singhania."

It described Vijaypat Singhania as a "visionary leader, philanthropist, and an inspiring personality, whose legacy will continue to guide and inspire generations.” Praying for his departed soul, the family invoked a verse from the Bhagavad Gita, reading, "Karmanye vadhikaraste ma phaleshu kadachana, ma karmaphalahetur bhur ma te sangostvakarmani".

A funeral assembly in his memory will be held at 1:30 pm at Haveli, L. D. Ruparel Marg on Sunday, followed by cremation at Chandanwadi at 3:00 pm.

Who Was Vijaypat Singhania?

Industrialist Vijaypat Singhania served as the Chairman of Raymond Group from 1980 to 2015. Born on 4 October 1938, he helped build the textile company and turned it into a household name. After stepping down as the group's Chairman, he handed over the company to his son Gautam Singhania, transferring his entire 37% stake in the firm to him.

He held a honorary PhD from the London Institute of Technology & Research and was honoured with the Padma Bhushan in 2006. 

Apart from being a businessman, Vijaypat Singhania was also a keen aviator. He held a record for the highest flight in a hot air balloon. His adventure in flying is captured in his 2005 book titled ‘An Angel in the Cockpit: The True Story of a Death-Defying Flight Across 5000 Miles of Land and Sea’.

Vijaypat Singhania is survived by his wife Ashadevi Singhania and children Gautam Singhania, Madhupati Singhania and Shephali Ruia.