Legendary industrialist Areez Pirojshaw Khambatta passes away

Areez Pirojshaw Khambatta, Founder and Chairman of Rasna Group, and Chairman of Areez Khambatta Benevolent Trust and Rasna Foundation, passed away on November 19, 2022. Khambatta was also the former Chairman of WAPIZ (World Alliance of Parsi Irani Zarthostis). He was the past President of Ahmedabad Parsi Panchayat, Vice President of the Federation of Parsi Zoroastrian Anjumans of India.

In addition, Khambatta has contributed immensely to Indian industry, business and most importantly societal development through social service, as the Commandant of Ahmedabad Home Guards & Civil Defence for 20 years. Khambatta’s efforts in Entrepreneurship Development societal services have been recognised with a lot of awards, to name a few: He was awarded the President of India’s Home Guard and Civil Defence Medal as well as the Paschimi Star, Samarseva and Sangram Medals. He was honoured with the National Citizen’s Award for outstanding contribution in the field of Commerce by the President of India, HonorableDr.Shankar Dayal Sharma. He was also awarded the Samman Patra by the Finance Ministry for his contribution to the National Exchequer as the highest tax payer of Gujarat. He was felicitated by the Ahmedabad Parsi Panchayat and was chosen as the first ‘Outstanding Parsi of Ahmedabad’.

It would not be out of place to mention that Khambatta started India’s original start-up by creating the world famous ‘Rasna’ brand, which today also quenches the thirst of millions of Indians at an affordable price of hardly Re 1, that too with fruits, vitamins and nutrients. Also, through his industrious efforts, thousands of jobs are generated directly and indirectly across India and with his developing fruit-based products, millions of farmers have got better value for their crops across the country.

Rasna is a true example of Make in India brand and is available in millions of homes in India and across 60 countries around the world and has always been a market leader in a segment dominated by MNCs.

The Trust & Foundations under his Chairmanship and guidance have been involved in various projects to do with health care, education, scholarship, etc., from which thousands of people have taken benefit.

Khambatta leaves behind his legacy for his wife Persis, children Piruz, Delna, Ruzan, his daughter-in-law Binaisha, and grandkids Arzeen, Arzad, Avan, Areez, Firoza and Arnavaz to follow.

A press statement issued said, “The family is committed to ensuring that his principles of duty to the country first, then our religion and duty to following his ideals be they in business or society, will be engraved in the family DNA for generations to come.”