Section 34
Lala Shri Ram
Turned DCM into a large industrial group and founded SRCC, LSR and the Shriram Institute. (Delhi Cloth & General Mills (DCM))
- life
- 1884–1963
- era
- Before Independence
- 25
- Age when he joined DCM · 1909
- 46
- Age when elected FICCI president · 1930
The story
Lala Shri Ram was born in Delhi on 27 April 1884 and studied at a municipal primary school. In 1909, aged 25, he joined Delhi Cloth & General Mills (DCM), where his family was involved.
During the First World War he and his father, Madan Mohan Lall, grew DCM's government business, which helped the company recover. He went on to expand DCM from textiles into other industries such as sugar and chemicals.
He believed in job-ready education. In 1920 he founded the Commercial Education Trust, whose college grew into the Shri Ram College of Commerce. In 1947 he founded the Shriram Institute for Industrial Research, and in 1956 Lady Shri Ram College in memory of his wife, Phoolan Devi.
He became president of FICCI in 1930 and was knighted in 1941. He died on 11 January 1963.
Timeline
- 1909Joins Delhi Cloth & General Mills.
- 1920Founds the Commercial Education Trust (later SRCC).
- 1930Elected president of FICCI.
- 1941Knighted.
- 1947Founds the Shriram Institute for Industrial Research.
- 1956Founds Lady Shri Ram College for Women.