Age, Biography and Wiki

Abasaheb Garware was born on 21 December, 1903 in Tasgaon in SANGLI District, British India (now part of Maharashtra, India), is an Industrialist. Discover Abasaheb Garware's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 86 years old?

Popular As N/A
Occupation Founder, Garware Group
Age 86 years old
Zodiac Sign Sagittarius
Born 21 December 1903
Birthday 21 December
Birthplace Tasgaon in SANGLI District, British India (now part of Maharashtra, India)
Date of death 2 November, 1990
Died Place Pune, Maharashtra
Nationality India

We recommend you to check the complete list of Famous People born on 21 December. He is a member of famous Founder with the age 86 years old group.

Abasaheb Garware Height, Weight & Measurements

At 86 years old, Abasaheb Garware height not available right now. We will update Abasaheb Garware's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Prabha Chandrachud (née Garware) Ashok Garware Shashikant Garware Ramesh Garware Chandrakant Garware

Abasaheb Garware Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Abasaheb Garware worth at the age of 86 years old? Abasaheb Garware’s income source is mostly from being a successful Founder. He is from India. We have estimated Abasaheb Garware's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Founder

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Timeline

Bhalchandra Digamber Garware (fondly referred to as Abasaheb Garware) was a pioneering industrialist from Maharashtra state in India and Founder Chairman of the Garware Group of Industries.

1903

Abasaheb Garware was born in Tasgaon in Satara district of Bombay Presidency on 21 December 1903.

He faced poverty since his father wasted away all the family wealth and incurred large amount of debts.

Due to the financial position at home he was forced to leave education after passing the then 6th Standard High School exam.

After initial struggle in Mumbai he started an automobile business for his livelihood which made some decent earnings for him.

During this time since he was in automobile business he got an idea of the potential for a second-hand car market.

He then started working as an agent for selling second-hand cars.

Eventually with his entrepreneurship and hard work he established his "Deccan Motor Agency" in Girgaon, in south Mumbai (then Bombay) and earned repute as a reliable dealer in cars.

He also got into the business of selling spares, accessories, tyres, etc.

1933

In 1933, Abasaheb decided to go to England since second-hand cars were cheap in England then.

In London he not only dealt with second hand cars but he also purchased firms from businessmen taking advantage of recession.

This move brought him good profits.

His move of buying cars in England helped him to get a good grip on the second-hand car business.

He showed his business acumen once again when he entered the Plastic Industry.

He identified Plastic Industry as an upcoming industry and hence he entered it.

He started manufacturing Plastic buttons for the Navy during the 2nd World War.

Eventually he got into a number of ventures related to Plastic industry like Nylon Yarn, Nylon Bristles, fishing nets, Polyester Films, Synthetic Ropes, Plastic injection molding and blow molding, etc. He had a good success due to his keenness of quality.

Abasaheb was an entrepreneur who put into practice Gandhiji’s precepts of trusteeship for the good of workers.

He attributed his success to his team.

He decided to pay back his earnings to Society to distribute his profit towards social causes like health, education etc. He also made numerous donations for schools and colleges, laboratories, libraries, gymnasia, etc. Annual Scholarships and awards were also instituted by him to promote academic excellence among students.

He founded about seventy five Trusts for pursuing various charitable objectives.

His contributions in the field of education has also been invaluable.

Due to his efforts a number of Educational Institutions were set up such as the University of Bombay’s Garware Institute of Career Education and Development and Smt.

Mathubai Garware College for women at Sangli.

His charitable donations to the Maharashtra Education Society, Pune led to that organization renaming its colleges and a school as the Abasaheb Garware College, the Abasaheb Garware college of Commerce and Smt.

Vimlabai Garware High school respectively.

1959

He was appointed as Sheriff of Mumbai in 1959.

He was also chosen to lead institutions like the State Bank of India, Maharashtra State Financial Corporation and many delegations to foreign countries.

1971

The Government of India bestowed on him the Padma Bhushan award in 1971.

1989

He was also awarded the Udyog Ratna by the Institute of Economic Studies in 1989.

He received an honorary D. Litt.

Degree from the University of Pune in 1989.

2004

The Department of Posts of India honored Abasaheb Garware with a commemorative postage stamp in 2004.