Lakshmipat Singhania was born on 23rd November 1910 in Kanpur to Smt Ram Pyari Devi and Lala Kamlapat Singhania, the founder of JK Organisations. Lakshmipat Singhania was a visionary and leader. He inherited the legacy of his father. As a young boy he grew up against the background of the freedom struggle as his father was participating in the Swadeshi movement and moving among leaders like Shri Motilal Nehru,Shri Madan Mohan Malviya, and others. He, therefore, naturally absorbed the nationalist fervor. His true vision was to see a vibrant and self reliant India. He championed the cause of domestic industry and was one of the prime architects of industrial development in India.
Under his leadership and pioneering zeal, many companies were formed for the first time in the country. Starting with Straw Products Ltd in Bhopal, he went on to set up, in 1938, a pulp & paper mill producing high quality writing and printing paper at Koraput in Orissa and this is still operating the name of JK Paper Limited. The output of the Steel Baling hoops plant set up in 1940 replaced the imports of the jute industry. In 1944, he produced aluminum from the bauxite available in India and his company went on to produce aluminum sheets, extrusions and foils. He was also instrumental in setting up of industries like JK Tyre, JK Lakshmi Cement Limited, etc. Under his Chairmanship, National Insurance Company had achieved the highest growth rate and became 3rd largest insurance company of the country with a large network abroad.
Lakshmipat Singhania was also a humanitarian. He was one of the founders of the All India Heart Foundation. He established a hospital for treating Cardio Vascular diseases. He also built JK Institute of Radiology & Cancer Research and Kamlapat Hospital at Kanpur. He set up JK Institute of Sociology in Lucknow University and JK Institute of Applied Physics in Allahabad University. His contribution to the education sector was substantial. He set up several educational institutions across the country including scores of primary schools in the rural areas.
He sought to build "a Society which is proud of its past, conscious of the present and full of hope for the future -A society where every citizen would be equally conscious of his rights and responsibilities." The mantra of his achievements was "It is not only machinery that becomes obsolete: one has to guard against the obsolescence of the mind". True to his words, he achieved many of his objectives in his life time by giving impetus to industrial growth in India. He passed away on 13th November 1976.
India Post is happy to honour Shri Lakshmipat Singhania by issuing a commemorative postage stamp.
Source : Information Folder issued by Indian Posts & Telegraph Department, Government of India