Founder

Founder President Late Seth Walchand Hirachand
Seth Walchand Hirachand (1882–1953) was pioneering industrialist also a Founder Member and President of the Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA). Through this platform, he worked tirelessly to empower Indian entrepreneurs and secure reforms that supported trade and industry in Maharashtra.
His Major Contribution :
For Walchand, MACCIA was more than an institution it was a collective force that represented the ambitions of Indian entrepreneurs. This spirit of self-reliance and solidarity guided his later industrial ventures.
Industrial Journey of Seth Walchand Hirachand
Shipping – Conquering the Seas
In 1919, Walchand founded the Scindia Steam Navigation Company. Its ship, the SS Loyalty, became the first Indian-owned vessel to sail from Mumbai to London under the Indian flag. April 5 is observed as National Maritime Day in his honor.
Aviation – Touching the Skies
In 1940, he established the Hindustan Aircraft Company in Bangalore, which later became Hindustan Aeronautics Limited (HAL). Every indigenous aircraft, including the modern Tejas Fighter Jet, carries the spirit of his vision.
Automobiles – Driving India Forward
Walchand set up Premier Automobiles, which rolled out India’s first indigenously manufactured cars in 1949. The iconic Premier Padmini became a symbol of urban Indian life for decades.
Infrastructure – Building a Nation
Through Hindustan Construction Company (HCC), he built some of India’s most important dams, bridges, and tunnels. His company, Walchandnagar Industries, contributed to India’s defense and space programs, supporting ISRO and DRDO projects.
Agriculture – Rooted in the Soil
He established Ravalgaon Sugar Farms, pioneering the integration of modern industry with agriculture, uplifting rural communities, and empowering farmers.
Legacy
Seth Walchand Hirachand’s life was a rare blend of institutional leadership and industrial vision.
Seth Walchand Hirachand was not just a businessman he was a dreamer who saw India’s future when others saw only foreign dominance. Through MACCIA, he gave entrepreneurs a voice. Through his industries, he gave India its wings, wheels, and strength.
By the time of his passing in 1953, he had not only transformed Maharashtra’s business landscape through MACCIA but also etched his name in history as a pioneer who gave India its ships, planes, cars, and industries.