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Other Events &
Developments |
- He was elected as a member of
the Executive Board of the
International Chamber of Commerce,
Paris.
- The Raunaq Group's major
companies include Apollo Tyres Ltd,
Bharat Gears Ltd, Bharat Steel Tubes
Ltd, Raunaq International Ltd,
Menarini Raunaq Pharma Ltd, and
Raunaq Automotive Components Ltd.
- At one point of time in his life
he could afford only one paisa a day
for meals and when he retired his
group was employing 9000 people on
his payroll.
- He was a great advocate of
economic liberalization and
globalization of the Indian
business.
- He held several key
leadership positions in Industry &
Trade Associations. These included
President Federation of Indian
Chambers of Commerce & Industry
(FICCI), President The Associated
Chambers of Commerce and Industry of
India (ASSOCHAM), Chairman
Engineering Export Promotion Council
(EEPC), Chairman Automotive Tyre
Manufacturers Association, and
President Federation of Indian
Export Organization.
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