Khatau
Encyclopedia
Khatau Group of Companies is one of the oldest business conglomerates in India. The Khatau Group was founded in 1874 by Seth Khatau Makanji. This business family prospered into one of the leading industrial houses in mid twentieth century, with ventures in textiles, chemicals, shipping, cement, aviation, automobile, and other industries.
In addition to its flagship textile business, the Khatau Group helped pioneer India's industrial revolution by founding several leading companies, in collaboration with other leaders of the time such as Tatas
and Walchand Hirachand
, including ACC Limited (1936), Hindustan Aircraft Company (1940) which was later renamed Hindustan Aeronautics Limited
(HAL), and Premier Automobiles Limited
(1944).
One of Seth Khatau Makanji's grandsons, Dharamsey Mulraj Khatau, led the Khatau Group in these diverse ventures. He was a board member of each of these companies and a chairman of ACC in the 1950s. Dharamsey Khatau was an honorary member of The Textile Association of India, along with other doyens of Indian textile industry, including leaders of Birla
, Tata
, Singhania, and Ambani
industrial houses.
Khatau Family's companies have been separated in 1994 and are now run independently by the current generation of heirs and professional managers.
In addition to its flagship textile business, the Khatau Group helped pioneer India's industrial revolution by founding several leading companies, in collaboration with other leaders of the time such as Tatas
Tata family
The Tatas are a wealthy Parsi family in India. Originally a priestly family in Navsari, they have been active in industry and philanthropy since the nineteenth century...
and Walchand Hirachand
Walchand Hirachand
Walchand Hirachand Doshi was an Indian industrialist. He established India’s first modern shipyard, first aircraft factory and first car factory.- Early life :...
, including ACC Limited (1936), Hindustan Aircraft Company (1940) which was later renamed Hindustan Aeronautics Limited
Hindustan Aeronautics Limited
Hindustan Aeronautics Limited based in Bangalore, India, is one of Asia's largest aerospace companies. Under the management of the Indian Ministry of Defence, this state-owned company is mainly involved in aerospace industry, which includes manufacturing and assembling aircraft, navigation and...
(HAL), and Premier Automobiles Limited
Premier Automobiles Limited
Premier Ltd. is a manufacturer of vehicles based in Mumbai, India.Founded in 1944, the car first launched production by building vehicles under license from Dodge and Plymouth. In 1951, they began producing versions of the Fiat 500 for the Indian market. This was followed by the Fiat 1100 in 1954...
(1944).
One of Seth Khatau Makanji's grandsons, Dharamsey Mulraj Khatau, led the Khatau Group in these diverse ventures. He was a board member of each of these companies and a chairman of ACC in the 1950s. Dharamsey Khatau was an honorary member of The Textile Association of India, along with other doyens of Indian textile industry, including leaders of Birla
Birla
Birla may refer to:* Birla family* Members of the Birla family:** Aditya Birla** Basant Kumar Birla** Ghanshyam Das Birla** Krishna Kumar Birla** Kumar Mangalam Birla...
, Tata
Tata Group
Tata Group is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India. Tata Group is one of the largest companies in India by market capitalization and revenue. It has interests in communications and information technology, engineering, materials, services, energy,...
, Singhania, and Ambani
Ambani
Ambani is a surname in IndiaThe people of that surname are originated from the small village Chorwad in Saurastra in Gujarat.- Billionaires :* Dhirubhai Ambani, an Indian businessman and founder of Reliance Industries in Mumbai...
industrial houses.
Khatau Family's companies have been separated in 1994 and are now run independently by the current generation of heirs and professional managers.