The Indian business community mourns the loss of one of its most respected leaders as Arunachalam Vellayan, former Chairman of the Murugappa Group and Chairman Emeritus of Coromandel International, passed away on Monday after battling a prolonged illness.
A Legacy of Leadership and Vision
Vellayan, who was 72 years old, leaves behind an extraordinary legacy of strategic leadership that spanned several decades. The Murugappa Group confirmed his passing in an official statement, noting that he is survived by his wife Lalitha Vellayan, his sons Arun Vellayan and Narayanan Vellayan, and his grandchildren.
During his extensive tenure with the conglomerate, Vellayan provided strategic direction across the group's diversified businesses. His visionary approach played a crucial role in expanding and enhancing the Murugappa Group's reputation as one of India's most respected business houses.
Distinguished Corporate Career
Vellayan's influence extended across multiple companies within the Murugappa Group, where he served on various boards. He held the position of Chairman at Coromandel International Ltd and EID Parry Ltd, demonstrating his expertise in managing diverse business verticals.
Beyond the Murugappa Group, Vellayan contributed his expertise to several other prominent organizations. He served on the boards of Kanoria Chemicals & Industries Ltd, EXIM Bank, and Indian Overseas Bank, showcasing the breadth of his experience and the trust he commanded across different sectors.
Industry Leadership and Educational Contributions
The veteran business leader also played significant roles in various industry and trade organizations. He led prestigious bodies including the Southern India Chamber of Commerce, Fertiliser Association of India, Indian Sugar Mills Association, and All India Cycle Manufacturers Association.
Vellayan's commitment to education was evident through his role as Chairman of the Board of Governors of the Indian Institute of Management, Kozhikode (IIM-Kozhikode). His educational background was equally impressive, with credentials from The Doon School, Shriram College of Commerce, Aston University in the UK, and University of Warwick Business School in the UK.
In recognition of his contributions, Vellayan received honorary Doctor of Science degrees from both Tamil Nadu Agricultural University and Aston University in the UK. His passing marks the end of an era for Indian business, leaving behind a legacy that will continue to inspire future generations of business leaders.
