Shrenik Kasturbhai Lalbhai | |
---|---|
Born | 28 December 1925 |
Died | 19 June 2014 Ahmedabad |
(aged 88)
Citizenship | Indian |
Education | Chemical Engineering and MBA |
Alma mater | Ranchhodlal Chhotalal Government High School, MIT, Harvard University |
Occupation | Industrialist, educationist, philanthropist |
Organization | Lalbhai Group of Companies, Arvind Mills |
Spouse(s) | Pannaben |
Children | Sanjay, Kalpana |
Parent(s) | Kasturbhai Lalbhai, Shardaben |
Relatives | Shantidas Jhaveri |
Shrenik Kasturbhai Lalbhai (28 December 1925 – 19 June 2014) was an Indian industrialist and philanthropist. After completing courses of study at the Massachusetts Institute of Technology and Harvard University in the United States, he joined the family business, a conglomerate of companies spanning multiple industries. He also served on the governing councils of a number of cultural, educational and religious institutions.
Lalbhai was born to the Nagarsheth family of Ahmedabad, and was a direct descendant of Shantidas Jhaveri, a royal jeweller of Mughal emperors. Khushalchand (1680–1748), the grandson of Shantidas, paid ransom to the Marathas to save Ahmedabad from plunder in 1725. Khushalchand's son Vakhatchand (1740–1814) was also a noted businessman.
Lalbhai's great grandfather, Dalpatbhai Bhagubhai, became involved in cotton trading in the 1870s. His grandfather Lalbhai Dalpatbhai (1863–1912) founded the Saraspur cotton mill in 1896, adding cotton processing to the family's precious gems business. His father, Kasturbhai Lalbhai, was an industrialist and philanthropist. He was active in politics before and after India's independence. Kasturbhai was co-founder of several companies that eventually turned into the Lalbhai Group, including Arvind Mills, Atul Chemicals and Anil Starch.
Lalbhai was born on 28 December 1925, the youngest son of Kasturbhai Lalbhai. He completed his secondary education at Navi Gujarati Shala and Ranchhoddas Chhotalal High School in Ahmedabad. He studied for two years at Gujarat College and then transferred to the Massachusetts Institute of Technology (MIT) to study chemical engineering. After receiving his bachelor's degree from MIT, he received his master's degree in business from Harvard University, graduating in 1948. He married Pannaben and the couple had a son, Sanjay, and a daughter, Kalpana.