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President, PM, FM mourn Deveshwar's demise

IANS  |  Delhi/Kolkata 

and Narendra on Saturday led the nation in paying tributes to ITC who died in Gurugram earlier during the day.

In a post, Kovind described Deveshwar as a stalwart of Indian business and a builder of Indian brands.

"Sad to hear of the passing (away) of Y.C. Deveshwar, a stalwart of Indian business and a builder of Indian brands. His emphasis on sustainability and the triple bottomline will remain ever influential. My condolences to his family and colleagues in ITC and beyond," the said.

recalled Deveshwar's contribution to Indian industry. "His efforts helped ITC become a professionally-run Indian company with a global footprint. Saddened by his demise. My thoughts are with his family, friends and group in this hour of grief," said in a tweet.

also expressed his sadness while West Bengal called Deveshwar "a giant in the corporate world." "I have many memories of him as a of industry. Condolences to his family, his colleagues and his admirers," she said in a tweet.

Telangana K. Chandrashekhar Rao recalled Deveshwar's presence when the TS-project was launched in in June 2015 and the way he extended his support to Telangana in that meeting for the industrial development in the state.

Former said in Deveshwar's death has lost a true friend. "Deeply shocked by the news of passing away of @ITCCorpCom Shri YC Deveshwar. has lost a true friend & a brand This is a personal loss for me," he tweeted.

Expressing condolences, (CII) said: "A titan and guiding luminary of Indian industry, Deveshwar's commitment and passion for sustainable business was an inspiration for all."



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 11 2019. 21:48 IST