R. Thyagarajan (industrialist) explained

R. Thyagarajan
Birth Date:1937 8, df=yes
Birth Place:Chennai, Tamil Nadu
Nationality:Indian
Education:Indian Statistical Institute
Occupation:Founder of Shriram Group
Awards:Padma Bhushan (2013)

R. Thyagarajan is an industrialist and founder of Chennai-based Shriram Group, a financial services conglomerate along with AVS Raja and T. Jeyaraman. He was awarded the Padma Bhushan, India's third highest civilian award, in 2013 in the field of trade and industry.[1]

Career

He was born into a Brahmin family in Chennai. He holds a master's degree in Mathematics and master's degree in Mathematical Statistics from the Indian Statistical Institute. In 1961, he started his career as a Trainee Officer with New India Assurance Co. Limited, a general insurance company.[2] Following his stint, in 1974, he set up Shriram Chits to start commercial financing business along with his friends. Over the period of time, the business evolved into a 60,000 crore  entity. He also serves as the Chairman at Life Cell International and served as its Vice Chairman. He also serves as Director of TVS Capital Funds Private Limited. He was a guest faculty for the Asian Institute of Insurance, Philippines, and Insurance Institutes in Singapore and Kuala Lumpur.[3]

Notes and References

  1. News: Doing business is painful. 24 February 2013. K. T.. Jagannathan. 1 August 2020. The Hindu.
  2. Web site: Create a firm that creates wealth for society. 21 December 2012 . Livemint. 22 January 2014.
  3. News: Biodata of R. Thyagarajan. 22 January 2014. Business Week.