Kasturchand Daga

rdf:langString Kasturchand Daga

rdf:langString Kasturchand Daga

rdf:langString Kasturchand Daga

rdf:langString Statue of Kasturchand Daga in Nagpur, which was unveiled by then Governor Sir Frank Sly in December 1924

rdf:langString Rai Bahadur Abirchand Bansilal Daga

rdf:langString Businessman, Philanthropist & Owner of Rai Bahadur Bansilal Abirchand Company

rdf:langString Amritbai Daga

rdf:langString Diwan Bahadur Sir Seth Kasturchand Daga, KCIE (1855-1917) was a businessman, landlord, philanthropist, and a pioneer who had conceptualised and implemented the hub-and-spoke model of trade. He was from Nagpur. He was made Knight Commander of the Most Eminent Order of the Indian Empire by King George V at the 1911 Delhi Durbar Honours. Kasturchand started his entrepreneurial and banking journey from Nagpur and expanded his banking business from Lahore (now in Pakistan) to Yangon (then in Burma), with transactions extending up to Europe. He was the founder of several textile mills in the then Central Provinces including the Model Mills of Nagpur, and Daga mills at Hinganghat and Badnera (now in Maharashtra). His company, Rai Bahadur Bansilal Abirchand (RBBA) Company, which had over 22 ventures in different sectors, was worth several hundred crores in those times. He served as a Khazanchi to the Bank of Bengal and Chairman of Nagpur Electric Light and Power Co Ltd. Sir Kasturchand Daga died on January 21, 1917.