Prime Minister Narendra Modi on Saturday condoled the death of ITC chairman YC Deveshwar, who passed away at a Gurugram hospital earlier in the day.
"YC Deveshwar made a strong contribution to Indian industry. His efforts helped ITC become a professionally-run Indian company with a global footprint. Saddened by his demise. My thoughts are with his family, friends and the ITC group in this hour of grief," Modi said in a tweet.
Shri YC Deveshwar made a strong contribution to Indian industry. His efforts helped ITC become a professionally-run Indian company with a global footprint. Saddened by his demise. My thoughts are with his family, friends and the ITC group in this hour of grief.
— Chowkidar Narendra Modi (@narendramodi) May 11, 2019
Deveshwar, 72, and was ITC's longest-serving corporate head.
The cause of his death is not known. He was diagnosed with cancer a few years ago.
He had joined ITC in 1968 and became the executive chairman of the company in 1996. As ITC's longest-serving chief, Deveshwar had led the company's diversification to an FMCG major.
First Published: May 11, 2019 3:33 PM IST
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