Mumbai: Birla Group patriarch B K Birla passed away in Mumbai on Wednesday at the age of 98, his family said.
A doyen of the Indian industry, Birla had been suffering from age-related ailments.
Birla was the chairman of Century Textiles and Industries and had been active in business since the age of 15.
He was instrumental in a slew of business initiatives, starting with his stint as the chairman of Kesoram Industries, they said.
He is survived by his daughters Manjushree Khaitan and Jayshree Mohta, who run Kesoram Industries and Jayshree Tea and Industries respectively. His wife Sarala Birla predeceased him in 2015.
His only son Aditya Vikram Birla had died in 1995.
Born in 1921, Birla was the youngest son of philanthropist Ghanshyam Das Birla. By the time he was 15, he was already actively associated with a large number of companies and eventually became the chairman of Kesoram Industries.
The B K Birla group comprised Century Textiles, Century Enka and Jayshree Tea and Industries besides Kesoram Industries. (PTI)