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Vijaypat Singhania, Former MD of Raymond Group, Dies at 87

Vijaypat Singhania, former chairman of Raymond Group and Padma Bhushan recipient, whose leadership transformed the company into a fashion powerhouse, has passed away.

  • On Saturday, March 28, 2026, Vijaypat Singhania, the former Chairman of Raymond Group and Padma Bhushan awardee, passed away in Mumbai at age 87. A Raymond Group spokesperson confirmed he "peacefully passed away earlier this evening."
  • Singhania led the Raymond Group starting in 1980, transforming it into a global textile and apparel powerhouse. His business acumen expanded the company's portfolio into steel, hospitality, and synthetic fabrics.
  • Beyond the boardroom, he was a decorated aviator, winning an international air race and reaching nearly 69,000 feet in a hot air balloon in 2005. He received the Tenzing Norgay National Adventure Award and served as Honorary Air Commodore.
  • Gautam Singhania announced a funeral assembly for Sunday at Haveli, LD on Ruparel Marg in Mumbai, followed by last rites at Chandanwadi. The business leader reportedly reconciled with his son before his death.
  • Singhania also served as former Sheriff of Bombay and Chairman of the Governing Council of the Indian Institute of Management, Ahmedabad. His legacy as a philanthropist and visionary leader continues to guide Indian industry.
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Social News XYZ broke the news in on Saturday, March 28, 2026.
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