Vikram Kirloskar’s

Demise Shook the Indian Business World

Check the Kirloskar Group’s journey from Bicycle Repair Shop to Toyota

Laxmanrao Kirloskar, founder of the Kirloskar Group, set up a small bicycle repair shop in 1888 in Belgaum

Ruler of Aundh offered Laxmanrao Kirloskar to start a factory in a wasteland for a loan of Rs.10,000

This later came to be known as Kirloskarvadi

A total 25 employees built Kirloskarvadi One of the first products of the Kirloskar Group was iron ploughs In 1910, Laxmanrao Kirloskar started Kirloskar Brothers Limited factory

Eldest son, Shantanurao Kirloskar expanded the business to Pune by starting Kirloskar Oil Engines Ltd. (KOEL), incorporated in 1946.

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50 years later, in 1997, Vikram Kirloskar, an MIT graduate, played a key role in bringing Toyota, the Japanese automotive manufacturer to India through a joint venture.

Today, the Kirloskar Group is made up of 8 major companies that produce engineering and electrical equipments and parts, diesel engines, centrifugal chillers, vehicles, etc.  Its estimated net worth is over Rs.1000 Cr

Vikram Kirloskar, who passed away on 29th Nov, 2022 due to heart attack, was 64 He was a humble and affable man Who’s love for engineering and business cemented Toyota’s reputation in the Indian market

He met his wife, Geetanjali Kirloskar through common friends when she was 18 Vikram and Geetanjali Kirloskar’s daughter, Manasi is married to Neville Tata Vikram Kirloskar was a wine connoisseur and liked to cook

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