Sat Mar 28 19:31:24 UTC 2026: # Vijaypat Singhania, Former Raymond Group Chairman, Passes Away at 87
The Story:
Vijaypat Kailashpat Singhania, the industrialist who transformed Raymond Group into a global textile powerhouse, has died at the age of 87. His son, Gautam Singhania, announced his passing on social media, describing him as a “visionary leader, philanthropist, and an inspiring personality.” Singhania’s legacy is marked by his pivotal role in expanding Raymond internationally and diversifying its product range, solidifying its reputation in the textile industry. In later years, his life was marked by a public and bitter family dispute with his son, Gautam Singhania, regarding control of the Raymond Group.
Key Points:
- Vijaypat Kailashpat Singhania, former chairman of the Raymond Group, died on Saturday at the age of 87.
- He is credited with transforming Raymond into a global textile brand.
- His son, Gautam Singhania, announced his death, praising him as a visionary leader.
- Singhania was also known for his passion for aviation, setting a world record in 2005 for the highest hot air balloon flight.
- His later years were marred by a public family dispute with his son over control of the Raymond Group.
Key Takeaways:
- Vijaypat Singhania’s death marks the end of an era for Raymond Group and the Indian textile industry.
- His legacy is complex, encompassing both remarkable business achievements and a deeply personal family conflict.
- The public nature of the Singhania family dispute highlights the challenges of succession planning in family-owned businesses.
- Despite the personal struggles, Singhania’s contributions to building Raymond into a globally recognized brand remain significant.
First Piper 