Success Story: India has witnessed many such trailblazers who stepped away from their family legacies to carve out their own paths. One such pioneer was Walchand Hirachand Doshi an exceptional Indian industrialist and visionary. He laid the foundation for Indias automotive industry by establishing the countrys first car manufacturing plant forever changing the nation’s industrial trajectory. Indian genius Walchand Hirachand Doshis company which is now owned by government delivered 1115% returns the business is... Born on November 23 1882 in Solapur Maharashtra Walchand Hirachand Doshi founded the country’s first modern shipyard Indias first car factory and first aircraft factory cementing his legacy as a key architect of India’s industrial progress. Known as the Father of Transportation in India Walchand Hirachand Doshi established Premier Automobiles near Mumbai in 1945. In 1949 the first car rolled out of his factory marking a significant milestone in India’s automotive industry. Seth Walchand Hirachand was a visionary Patriot who pioneered Industrial revolution in pre-independent India. He stirred the patriotic minds of fellow Indians to realize the sole aim of his life which was along with the political freedom from British was to win back the economic Independence of his motherland. He Renounced the Titles “C.I.E” & “J.P.” conferred by the British when Mahatma Gandhi is arrested reads the official website of Walchandnagar Industries. Seth Walchand Hirachand Doshi educational qualification Speaking of his educational qualification Doshi obtained a BA degree from the University of Mumbai. Soon after his graduation he joined his family business which primarily involved cotton trading and money lending. However after some years he realized that he lacked interest in the traditional family business. Deciding to pursue his path he ventured into the railway contracting business collaborating with a former railway clerk for construction-related projects. This marked the beginning of his journey toward becoming an industrial pioneer. Walchand Hirachand Doshi and Hindustan Aircraft Works Industrialist Walchand Hirachand Doshi was a key figure in Indian industry though his legacy is not widely recognized. He founded several of the countrys major industries including one company with a current market capitalization of Rs 293458 crore which has seen significant growth and provided substantial returns to its investors. In 1940 Walchand Hirachand Doshi founded Hindustan Aircraft Works (HAW) now named  Hindustan Aeronautics Limited (HAL) a company now widely recognized. Over time the government acquired a majority stake in HAL which has since become a prominent government-owned entity. He founded “Hindustan Aircraft Limited” which manufactured planes like Harlow Trainer Glider Hawk-P36 Horlow-PC5 etc. Later it was nationalized by Government of India reads the statement on Walchandnagar Industries. In 1945 the Indian government acquired a majority stake in Hindustan Aircraft Works later renaming it Hindustan Aeronautics Limited (HAL). This partnership significantly boosted India’s industrialization efforts with HAL playing a key role in advancing the nation’s technological capabilities. HAL’s journey began with repairing foreign-made aircraft but it quickly expanded into manufacturing trainer transport and fighter aircraft.  A significant milestone in HAL’s history was the development of the HAL HJT-36 a basic trainer aircraft designed for the Indian Air Force. First flown in 1963 the HJT-36 has since been crucial in training numerous generations of Indian pilots. HAL’s journey has been marked by challenges including production delays and cost overruns. Despite these setbacks the company demonstrated remarkable resilience overcoming obstacles and establishing itself as a formidable force in the aerospace sector. On January 1 2020 HAL’s stock was priced at Rs 365.10. However by September 23 2024 its value had skyrocketed to Rs 4437 marking a remarkable increase of 1115%. This extraordinary growth means that a Rs 1 lakh investment in January 2020 would have multiplied to over Rs 11 lakh in less than five years.