Ashok Todi

Ashok Todi(born 1958) is an Indian industrialist, heading the Kolkata-based Lux Industries group, a Rs. 37-billion company which is the market leader in India of the inner wear garment segment.[1][2] The group both manufactures and markets innerwear.

Ashok Todi
Personal details
Born (1958-09-17) 17 September 1958
ParentsGiridhari Lal Todi
Alma materBhawanipur College
OccupationIndustrialist (Lux Industries)

Career

Ashok Todi was born into a Hindu Marwadi business family, the son of industrialist Giridhari Lal Todi.

Lux Industries Limited

Lux Industries Limited is an innerwear company of India with three brands in its portfolio - Lux Innerwear, GenX Style Inners, and ONN Premium Inners.[3] Lux Cozi is the main brand of Lux Industries Limited. The company launched a consumer coupon scheme in 1992 called "Mazedar Mauka". From 1 product, the company's product range has expanded to more than 150 products today. Ashok is:

  • The Chairman of Lux Industries Limited;
  • Director of Biswanath Hosiery Mills Limited; and,
  • Director of Todi Hosiery Limited

Todi took over as the chairman of the company on 1 October 2007. By a quirk of fate, this was exactly the time when he became embroiled in the murder case.

Awards

Under Todi's leadership, Lux Industries Limited received the star export house award. In 2013, Lux was awarded Asia's Most Promising Brand[4] and Master Brand 2013.[5]

Murder case

In September 2007, Todi became embroiled in a controversy regarding the death of Rizwanur Rahman, a Muslim man who was allegedly in a relationship with Todi's daughter, and by some accounts is said to have been secretly married to her. The case remains under investigation as of 2019.[6]

References
  1. "Archived copy". Archived from the original on 14 December 2013. Retrieved 2013-12-14.CS1 maint: archived copy as title (link)
  2. http://investing.businessweek.com/research/stocks/people/person.asp?personId=46424926&capId=20336011
  3. http://media.wix.com/ugd/50d0b5_a21c067c8f163bfb104bdb2523ed2dec.pdf
  4. http://www.wcrc.co/#!asias-most-promising/c9x5 Archived 22 April 2013 at the Wayback Machine
  5. "Archived copy". Archived from the original on 14 December 2013. Retrieved 14 December 2013.CS1 maint: archived copy as title (link)
  6. "Rizwanur Rahman case: HC rejects Ashok Todi's plea for dismissal of charges". The Indian Express. 12 June 2017. Retrieved 9 June 2018.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.