Occupation Entrepreneur Spouse(s) Rukmini Modi Children 8, including Website Gujarmal Modi (9 August 1902 – 22 January 1976) was an Indian industrialist and philanthropist, who co-established the of companies and the industrial city of in 1933, along with his brother Kedar Nath Modi. A sugar mill in Modinagar marked the beginning of the Modi Group conglomerate, which later diversified into varied fields. GM Modi established schools and colleges at his birthplace, Mahendragarh, in Patiala and in Modinagar. He also contributed in the field of higher education by giving grants to established institutions such as Banaras Hindu University, and different colleges in Meerut and other places. He was awarded the by the in 1968.
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He is the grandfather of, the founder of the (IPL). Contents • • • • • • • • • • Early life [ ] Gujarmal Modi was born as Ram Prasad Modi on 9 August 1902, in (now in state). He was the second child of his father, Multani Mal Modi, and the only child of his mother, Chandi Devi, who was Multani Mal's second wife. Chandi Devi died of sepsis only six days after the birth of Gujarmal. Multani Mal then married a third time, and it was his step-mother, Gujri Devi, who reared Gujarmal. All his life, Gujarmal was to share a relationship of great affection and attachment with his step-mother.
He gave up his real name (Ram Prasad) in favour of the name 'Gujarmal,' which he selected in honour of his step-mother. During his time studying in the tenth standard, Gujarmal neglected to pay his examination fees, which resulted in the loss of an academic year. This incident led to his father inducting Gujarmal into the family business at a young age while simultaneously being home-schooled. Business career [ ] In 1932, after a decade during which he grappled with personal issues and depression, Modi revived both his spirit and his business. After his second marriage that year, Modi became enthused and motivated for carrying on his business, because the sense of futility and depression left him when his wife became pregnant. Modi fulfilled his long-standing desire of expanding the family business to new sectors and territories.
In 1932, with an amount of Rs. 400/-, he left for Delhi on the lookout for viable ventures.
The village of Begumabad was finally selected as the site of his first independent venture— a sugar mill. Native instruments battery 3 serial. After initial difficulties in managing the sugar mill, Gujarmal successfully managed to turn things around to make his debut venture into a profitable entity. One of Gujarmal’s major successes was the toilet soap factory, which began operations in 1941.