During the length of his career, Krishnamurthy also served as the chairman of PSUs such as Bharat Heavy Electricals Limited and Steel Authority of India Limited.
Dr. V Krishnamurthy, the founder chairman of Maruti Udyog – now Maruti Suzuki India, passed away on Sunday, 26 June at the age of 97. Besides leading Maruti Suzuki during its formative years in India, Krishnamurthy was also the chairman of several public sector undertakings. during his career. He is credited with turning the fortunes of Bharat Heavy Electricals Limited (BHEL) and Steel Authority of India Limited (SAIL), earning him the name ‘Turnaround Man’. Krishnamurthy held some important roles with the Government of India including Member of the Planning Commission and Secretary of the Ministry of Industry.
“Dr. V. Krishnamurthy was my mentor from the time I started and throughout my career. He was instrumental in helping me build TVS Motor Company. He was one of the biggest leaders of the Indian industry. India His contribution to the development of the company was incomparable.Venu Srinivasan,Chairman,TVS Motor Company said,It is a great loss to the Indian industry and the country.
SAIL family condoles the sad demise of Padma Vibhushan Dr. Venkataraman Krishnamurthy, Former Chairman @cellsteel On June 26, 2022. pic.twitter.com/q7Fa5zyhmM
– SAIL #SAILSwarnaJayanti #SSJ #AmritMahotsav (@SAILsteel) 26 June 2022
Krishnamurthy was appointed as the Vice President and MD of Maruti Udyog in 1981, tasked with overseeing the launch of the company’s iconic Maruti 800, before moving to SAIL in 1985, where he transformed the company from a failed entity. Transformed into the industry leader. He also served as the chairman of the National Manufacturing Competitiveness Council between 2004 and 2014. In his final years, Krishnamurthy was helping run the family company, UCAL Fuel Systems, in an advisory role.
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Krishnamurthy was also awarded the Padma Shri in 1973 and the Padma Bhushan in 1986. In 2007 he was awarded the Padma Vibhushan, India’s second highest civilian award.
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