From Raymond to Rented Flat: The Rise, Rift, and Reflection of Vijaypat Singhania
Discover the extraordinary journey of Raymond's iconic ex-chairman, Vijaypat Singhania—how he built an empire, lost it all to a bitter rift with his son, and now lives modestly despite once surpassing Ambani, Adani, and Tata. From Raymond to Rented Flat: The Rise, Rift, and Reflection of Vijaypat Singhania 1. Roots in a Textile Legacy Born on 19 December 1938 , Vijaypat Singhania was destined to become a name synonymous with India’s industrial might. As a scion of the Singhania family , owners of Raymond Woollen Mills , his early life was surrounded by affluence, tradition, and the promise of inheritance. His grandfather, Lala Kailashpat Singhania , purchased Raymond in 1944, and over the decades, it became one of India’s biggest textile companies. But Vijaypat, unlike many heirs, did not rely solely on lineage. He had dreams of his own. Educated in Mumbai, Vijaypat showed interest in mathematics and science. He once considered becoming a scientist , and even taught management...