New Delhi (India) March 29:Vijaypat Singhania, recipient of Padma Bhusan and former chairman of Raymond Group died on Saturday in Mumbai. He was known for turning Raymond into a global fashion leader. He took over the company in 1980 and built out into textiles, steel, and hospitality - something that surprised many at the time.
Family Announcement
His son Gautam Singhania shared the news on 'X'. He stated, “With profound grief and deep sorrow, we inform the passing of Padma Bhushan Dr. Vijaypat Singhania. A visionary leader, philanthropist, and an inspiring personality, whose legacy will continue to guide and inspire generations. We pray for the departed soul to attain eternal peace.”
Tribute from Fadnavis
Chief Minister Devendra Fadnavis called it a loss. He said he was "deeply saddened" by the passing.
“His contribution to the textile industry, his philanthropy and adventurous spirit will continue to inspire generations together. ‘Raymond - The Complete Man’ is not just a tagline we all grew up with, but has set many trends, right from quality and perfection in entrepreneurship to communication and brand. I offer my humble tributes to the man who set the legacy called ‘Raymond’ Group,” Fadnavis said on social media platform X.
Aviation Adventures
Outside business circles, Singhania had a real passion for flying and climbing. He pushed boundaries - ran high-risk missions like solo flights across remote areas.
He held the world record for the highest altitude gained in a hot air balloon as well as being a gold medalist in the air race around the world. His contribution in the field of aviation was further recognised by the Indian Air Force which awarded him the honorary rank of Air Commodore on him in 1994 after he had reached more than 5,000 flying hours. In 2006, he was made the Sheriff of Mumbai. He was also awarded the Tenzing Norgay National Adventure Award.
Business Legacy
Vijaypat Singhania took over the leadership of the Raymond Group as chairman and managing director in 1980 decades before India's economic liberalisation in 1991 which was going to change the consumer market drastically. With his help and the leadership of the textile major, this company was able to withstand the changes in the economy when many old brand names were struggling to cope with the new realities.
Family Feud After Retirement
After he decided to retire and gave Raymond to his son Gautam Singhania in 2015, their relationship deteriorated and resulted in their public quarrel. Since then he and wife have been living in a rented house which is quite a contrast with their extravagant lifestyle before.
In the past few years however his public appearances have become very rare.