Bhalchandra Digamber Garware (fondly referred to as
Abasaheb Garware) was a pioneering
industrialist from
Maharashtra state in
India and Founder Chairman of the Garware Group of Industries.
| Bhalchandra Digamber Garware alias Abasaheb Garware |
|---|
| Born | December 21, 1903
Tasgaon in Satara District,Maharashtra, India |
|---|
Birth and childhood[edit]
Abasaheb Garware was born in
Tasgaon in
Sangli district of
Maharashtra on December 21, 1903. He faced
poverty since his father wasted away all the family wealth and incurred large amount of
debts. Due to the financial position at home he was forced to leave
education after passing the then 6th Standard High School exam. Then he migrated to
England from
Mumbai in 1920 at the age of 17 years.
Struggle and Rise in second-hand car market[edit]
After initial struggle in
Mumbai he started an
automobile business for his livelihood which made some decent earnings for him. During this time since he was in automobile business he got an idea of the potential for a
second-hand car market. He then started working as an agent for selling second-hand cars. Eventually with his
entrepreneurship and hard work he established his “Deccan Motor Agency” in
Girgaon, a suburb of Mumbai (then Bombay) and earned repute as a reliable dealer in cars. He also got into the business of selling spares, accessories,
tyres etc.
In 1933 Abasaheb decided to go to
England since second-hand cars were cheap in England then. In
London he not only dealt with second hand cars but he also purchased firms from businessmen taking advantage of recession. This move brought him good profits. His move of buying cars in England helped him to get a good grip on the second-hand car business.
Entry into Plastic Industry[edit]
He showed his business acumen once again when he entered the
Plastic Industry. He identified Plastic Industry as an upcoming industry and hence he entered it. He started manufacturing Plastic buttons for the Navy during the
2nd World War.
Contributions to social cause[edit]
Abasaheb was an entrepreneur who put into practice
Gandhiji’s precepts of trusteeship for the good of workers. He attributed his success to his team. He decided to pay back his earnings to Society to distribute his profit towards social causes like
health, education etc. He also made numerous donations for
schools and
colleges,
laboratories,
libraries, gymnasia, etc. Annual Scholarships and awards were also instituted by him to promote academic excellence among students.
He founded about seventy five Trusts for pursuing various charitable objectives.
His contributions in the field of education has also been invaluable. Due to his efforts a number of Educational Institutions were set up such as the
University of Bombay’s Garware Institute of Career Education and Development and Smt. Mathubai Garware College for women at
Sangli. His charitable donations to the Maharashtra Education Society, Pune led to that organization renaming its colleges and a school as the Abasaheb Garware College of Arts and Science,the Abasaheb Garware college of Commerce and Smt. Vimlabai Garware High school respectively.
Other accomplishments[edit]
See also[edit]
en.wikipedia.org/wiki/Abasaheb_Garware
Bhalchandra Digamber Garware (fondly referred to as Abasaheb Garware) was a pioneering industrialist from Maharashtra state in India and Founder Chairman ...
www.garwarepoly.com/about-us.php
Garware Polyester Ltd. (The company) is the flagship company of the Garware Group, promoted by Late Padmabhushan Dr. Bhalchandra (Abasaheb) Garware.
-
www.companywiki.in/wiki/garware-polyester-limited.html
GARWARE POLYESTER LIMITED is a listed company registered on 06/06/1957. The company ... SHASHIKANT BHALCHANDRA GARWARE (00943822), No ...
corporatedir.com/officer/00943822
Shashikant Bhalchandra Garware corporate information and associated companies.
www.mycompanydir.com/directors/...Bhalchandra-Garware/104888
Ramesh Bhalchandra Garware - 104888 Corporate Director / Manager / Compnay secretary and designated or assigned companies info & contact details.
www.mycompanydir.com/...BHALCHANDRA-GARWARE/943822
SHASHIKANT BHALCHANDRA GARWARE - 943822 Corporate Director / Manager / Compnay secretary and designated or assigned companies info & contact ...
www.garwaresyn.com/.../Shareholding%20Pattern%2030th%20June%20...
1 NlHAL CHANDRAKANT GARWARE 1292100 23.29 0.00 0.00 0.00 0.00 ... RAMESHBHALCHANDRA GARWARE 129701 2.34 0.00 0.00 0.00 0.00 2.34.
investing.businessweek.com/research/stocks/people/person.asp?...IN
Mr. Ashok Bhalchandra Garware, M.A. (Cantab) served as the President of Bombay Chamber of Commerce and Industry. Mr. Garware served as President of ...
investing.businessweek.com/research/stocks/people/person.asp?...IN
Mr. Ramesh Bhalchandra Garware served as the Managing Director of Garware-Wall Ropes Ltd from November 1, 2006 to October 31, 2011. Mr. Garware ...
References[edit]
http://www.stampsinindia.com/2008/08/drbdgarware-stamp-released-on-06-02-2004/
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