Ajit Gulabchand

Indian industrialist

Ajit Gulabchand

Ajit Gulabchand at the World Economic Forum on East Asia in Jakarta, 2011

Born|

Maharashtra

Nationality| Indian
Occupation| Industrialist
Father| Gulabchand Hirachand

Ajit Gulabchand (born 1948)[1] is an Indian industrialist. Gulabchand is the chairman and managing director of Hindustan Construction Company. Gulabchand serves as chairman of the board of governance at National Institute of Construction Management & Research (NICMAR) and as chairman of Walchand College of Engineering, Sangli.[2]

## Early and personal life

[edit]

Gulabchand was born to a Jain trading family, originally belonging to Wankaner in the Kathiawar region of Gujarat, which had settled by the early 20th century in Solapur, Maharashtra.[3] He is the son of Gulabchand Hirachand (1896-1967), one of the four brothers who founded the Walchand group, a business conglomerate which flourished in the first half of the 20th century. Ajit has eight brothers and sisters, and his eldest sibling is twenty-eight years older than him. He was nineteen years old when his father died in 1967. The surname of the family is "Doshi," but this is rarely used. Art historian Saryu Doshi was a relative of Ajit Gulabchand through her husband, Vinod Doshi.

Ajit Gulabchand was formerly married to Meera Gulabchand, daughter of film-maker Vasant Joglekar and actress Sumati Gupte Joglekar. The marriage did not have the support of Gulabchand's family, since Meera came from a very different background. The couple separated after a few years of marriage and may have divorced; They have a daughter named Shalaka Dhawan.[4] Since around the mid-1980s, Ajit Gulabchand has been in a steady relationship with journalist Tavleen Singh. They have no children together, but Ajit has been involved in raising Aatish Taseer, Tavleen's son by a previous relationship. Aatish is a distinguished writer and journalist. Gulabchand and Tavleen reside in one of the most expensive sea-facing apartment complexes in south Mumbai.

## Career

[edit]

Gulabchand has been a director of Indian Hume Pipe since 1993. He has served as director of HCC Infotech, Hincon Technoconsult, Ucchar Investments, Hincon Realty, LAVASA Corporation, Motorsports Association of India, Constructmall.com, and as an independent, non-executive director of Bajaj Electricals.

He continues to serve as a Director in Hincon Finance, Hincon Holdings, Western Securities, Champali Garden, Shalaka Investment, and Gulabchand Foundation.

He is a founding member of the World Economic Forum's Disaster Resource Network and a member of the National Council of Confederation of Indian Industry (CII). He is a promoter of the Lavasa township, which was intended to be India's first new hill station since independence.[5]

## Education

[edit]

Gulabchand graduated from Sydenham College, Mumbai University, with a bachelor's degree in commerce.[6]

## References

[edit]

1. ^ "We create entrepreneurship against odds: HCC chief Ajit Gulabchand". Business Today. 19 August 2012.
2. ^ "Web forum biography".
3. ^ Gopalan, Krishna. "Wine and wondering with Ajit Gulabchand". The Times Of India.
4. ^ "SEBI | Lavasa Corporation Limited".
5. ^ "When scribes got Ajit Gulabchand's goat". DNA India. 22 January 2011.
6. ^ "Newsmaker: Ajit Gulabchand". Business Standard. 3 July 2009.

## External links

[edit]

* Hindustan Construction Company. Executive Biography: Ajit Gulabchand

* v
* t
* e

Walchand group

Walchand group

Divisions &
subsidiaries|

| Current|

* Hindustan Construction Company
* Walchandnagar Industries Limited
* Ravalgaon Sugar Farms Limited
* Indian Hume Pipe Co Limited
* Acrow India Limited

|

Former|

* Hindustan Shipyard Limited
* Hindustan Aeronautics Limited
* Oriental Insurance Co.
* Mysore Petrochemicals Limited
* Cooper Engineering Limited
* Premier Automobiles Limited

Defunct|

* Premier Construction Limited
* The Scindia Steam Navigation Company Ltd.
* Bombay Steam Navigation Company
* Studio Walchand

Institutions|

* Walchand Institute of Technology
* Walchand College of Engineering, Sangli

People|

| Current|

* Ajit Gulabchand

|

Former|

* Sharayu Daftary
* Gulabchand Hirachand
* Lalchand Hirachand
* Ratanchand Hirachand
* Walchand Hirachand

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