People know Ratan Tata, who was the honorary chairman of Tata Group, for his simplicity. In the last days of his life, he lived in a simple house and drove only in a car like Tata Nano. Whereas he himself owned car companies like Tata Motors and Jaguar Land Rover. This businessman also lives a similar life, who is the owner of a company worth Rs 1.5 lakh crore, but drives in a car worth only Rs 6 lakh.
Here we are talking about Ramamurthy Thiagarajan, founder of Shriram Group. Today the size of his group has crossed Rs 1.5 lakh crore. Despite being such a big man, he lives a very simple life. He doesn’t even keep any phone with him.
Thyagarajan born in a farmer family
Ramamurthy Thiagarajan was born in a farmer family in Tamil Nadu. Since childhood, he liked the atmosphere of simplicity and equality. Ramamurthy Thyagarajan was very good in studies. He studied mathematics in Chennai and also spent some years at the Indian Statistical Institute, Kolkata. In 1961, he started working in New India Assurance and worked in different companies in the field of finance for 20 years.
Shriram Chits started
The story of Ramamurthy Thiagarajan starting Shriram Group is also very interesting. He saw that banks have difficulty in giving loans to poor people. Especially small truck drivers and small businessmen face difficulty in taking loans. To solve this problem, at the age of 37, he started Shriram Chits Company along with his friends and family.
His company helped those people to whom big banks were hesitant in giving loans. This model took them to success and today about 108,000 people work in Shriram Group.
takes care of employees
Ramamurthy Thiagarajan transferred the shares of his company in the name of employees in 2006, which is called Sriram Ownership Trust. He believes that real happiness is not in accumulating money, but in helping people and doing something good in the society. His thinking has made Shriram Group such a trusted brand, which always stands with the common people.
