“With profound grief and deep sorrow, we inform the passing of Padma Bhushan Dr Vijaypat Kailashpat Singhania. A visionary leader, philanthropist, and an inspiring personality, whose legacy will continue to guide and inspire generations,” stated Gautam Singhania, marking the poignant moment of his father’s death.
Vijaypat Singhania, who passed away at the age of 87, was a towering figure in the Indian textile industry. He served as the chairman of the Raymond Group for two decades until 2000, transforming it into a leading brand recognized for its quality and innovation.
Born on October 4, 1938, in Kanpur, Vijaypat was not only a successful businessman but also a recipient of the prestigious Padma Bhushan award. His adventurous spirit was exemplified by his world record for the highest altitude achieved in a hot air balloon, showcasing his multifaceted personality.
In a significant move, he transferred his entire 37 percent stake in the Raymond Group to his son Gautam, amidst a family-business succession crisis that had been a point of contention between them. This transfer symbolized both a legacy and a challenge for Gautam as he navigated the complexities of leadership.
Vijaypat’s last rites were performed on March 29, 2026, in Mumbai, attended by prominent figures including Deputy Chief Minister Eknath Shinde, reflecting the respect he garnered throughout his life.
His contributions to the textile industry were acknowledged by various leaders, including Devendra Fadnavis, who remarked, “His contribution to the textile industry, his philanthropy and adventurous spirit will continue to inspire generations together.”
Varsha Gaikwad also expressed her condolences, stating, “Saddened by the passing of Dr. Vijaypat Singhania, former Chairman of the Raymond Group, former Sheriff of Mumbai, and a towering figure of Indian industry.”
Nawaz Modi Singhania, who described Vijaypat as “father-like” and one of the greatest men she had the honor of knowing, echoed the sentiments of many who admired his life and legacy.
As Gautam Singhania steps into a more prominent role, the industry watches closely to see how he will honor his father’s legacy while navigating the future of the Raymond Group.
Details remain unconfirmed regarding the next steps for the Raymond Group under Gautam’s leadership, but the impact of Vijaypat Singhania’s life will undoubtedly resonate for years to come.
