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Sheth Maganbhai Karamchand was one of the wealthiest Jain financiers in the city of Ahmedabad. He was born in the year 1823. He is known for his contributions towards the upliftment and development of the city.[1]
Personal life
editSince Sheth Maganbhai had no heir, he adopted his sister's son, and the family later came to be known as the Sarabhai Family which played a crucial role in shaping the education sector of the city.[2]
When he died in 1864, he left behind a long will. After a few elegantly phrased philosophical remarks about life and its frailty, the will delves into extraordinarily specific and practical instructions regarding not only what he wants to leave for his own family but also for "others," causes, and certain institutions. All grants, annuities, and loan waivers fall under that category.[3]
Career
editMaganbhai had earned a fortune with his long-distance trading of opium across India and China in the early 19th century. He partnered with Ranchhodlal to open Ahmedabad's first textile mill.[4]
He was also a social reformer who valued the importance of education over everything else. He was responsible for financing Gujarat's first school for girls. He also donated a significant amount to Gujarat College.[5]
Achievements
editHe was awarded the title of Rao Bahadur by the British government.[6]
References
edit- ^ {{cite book |last1=Spodek |first1=Howard |title=Ahmedabad the shock city of 20th century India |ISBN9788125046615}
- ^ https://www.manekbavinayvihar.org/inspiration/
- ^ https://www.tribuneindia.com/news/archive/features/the-untold-story-of-the-sarabhais-631765
- ^ Spodek, Howard. Ahmedabad Shock City of 20th century India. Orient Black Swan. ISBN 9788125046615.
- ^ Spodek, Howard. Ahmedabad Shock City of 20th century India. Orient Black Swan. ISBN 9788125046615.
- ^ Spodek, Howard. Ahmedabad Shock City of 20th century India. Orient Black Swan. ISBN 9788125046615.