Bhagwandas bagla

Bhagwandas Bagla was a prominent Indian businessman and philanthropist. He is known for being the first Marwari to venture into the jute industry, establishing the first Indian-owned jute mill in 1919, the Kamarhatty Company Limited.

Early Life

Bhagwandas Bagla was born into a Marwari family in the late 19th century. His family was involved in the Marwari business community, which was known for its involvement in trade and commerce across India.

Career

In 1919, Bagla established the Kamarhatty Company Limited, the first Indian-owned jute mill. This was a significant achievement, as the jute industry was dominated by British-owned companies at the time. Bagla's success in the jute industry paved the way for other Indian entrepreneurs to enter the industry.

In addition to his work in the jute industry, Bagla was also involved in other business ventures. He was a founding member of the Indian Chamber of Commerce, and served as its president from 1925 to 1926.

Philanthropy

Bagla was known for his philanthropic efforts. He donated generously to various causes, including education and healthcare. He established several schools and hospitals in Kolkata and other parts of West Bengal.

Legacy

Bhagwandas Bagla's contributions to the Indian jute industry and his philanthropic efforts have left a lasting legacy. His success in establishing the first Indian-owned jute mill opened the door for other Indian entrepreneurs to enter the industry. His philanthropic efforts have benefited countless individuals in Kolkata and West Bengal.

See Also

• Marwari business
• Indian Chamber of Commerce
• Kamarhatty Company Limited