Veteran industrialist Vijaypat Singhania, who delivered Raymond from door to door, passed away, breathed his last in Mumbai at the age of 87: – ..

A golden era of the Indian corporate world has come to an end. Vijaypat Singhania, former chairman of textile empire Raymond and ‘Padma Bhushan’ awardee, died in Mumbai on the evening of Saturday, March 28. 87-year-old Singhania not only took new heights to the Indian business world but also set global records in the world of adventure and aviation. His son and current CMD of Raymond Group, Gautam Singhania, confirmed the sad news on social media platform X.

Journey from business tycoon to world record holder pilot

Vijaypat Singhania was not only an industrialist but also a brave pilot who took risks. After taking over the helm of the Raymond Group in 1980, he led the company for two decades and built it into a global brand.

Hot Air Balloon Records: In 2005, at the age of 67, he 69,000 feet Made a world record by reaching a height of.

London to Delhi flights: In 1988, he surprised everyone by flying solo from London to New Delhi in a microlight aircraft.

Contribution in the field of education: He was a member of the prestigious institute from 2007 to 2012. IIM Ahmedabad He was also the Chairman of the Government Council.

Challenges outside the board room and family disputes

Singhania’s life was as successful as it was full of ups and downs. In the year 2000, he handed over the reins of the company to his son Gautam Singhania and 37 percent stake He was transferred. In the last few years, news of legal disputes and differences between father and son remained in the headlines, although later there were reports of reconciliation between them. Due to his foresight, he was considered a ‘visionary leader’ in the corporate world, who kept Raymond standing strong even during the economic liberalization period of 1991.

Last rites will be held in Mumbai today

According to the official statement issued by Raymond Group, the last rites of Vijaypat Singhania will be held today. Sunday 29 March 2026 It will be held at 1:30 pm at ‘Haveli’ located on LD Ruparel Marg, Mumbai. Veteran personalities from industry, politics and sports have expressed grief over his demise. The family has described him as an inspirational figure whose legacy will continue to guide generations to come.