The Shri Ram Legacy
Sir Shri Ram (also Lala Shri Ram; 27 April 1884 - 11 January 1963) was an Indian industrialist and philanthropist. Ram was the owner of Delhi Cloth & General Mills, one of the oldest companies in India. During his business career, Ram was one of India's most prominent industrialists. In 1941, the British Raj government in India conferred Ram with knighthood in recognition of his contributions to the development of Indian society. Ram was also noted for his philanthropy, which included founding the Shri Ram College of Commerce and Lady Shri Ram College for Women. The Shri Ram Institute for Industrial Research, founded in 1947 by Shri Ram, started functioning in 1950. Shri Ram believed that if India was to catch up with the rest of the world, it was necessary to understand existing technology and innovate it through research. On 16 February 1930, Ram became the 4th president of the Federation of Indian Chambers of Commerce and Industry (FICCI), and with Mahatma Gandhi by his side, delivered his presidential address. Ram was nominated as a member of first Central Board of Directors of the Reserve Bank of India, effective 1 January 1935. Imbued with high ideals and endowed with remarkable combination of industrial leadership, financial acumen, organizing ability and uncanny judgement, Lala Shri Ram leaves behind a glorious tradition of devotion to his profession as well as to human welfare.
