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Ashok Todi

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Ashok Todi
Personal details
Born (1958-09-17) 17 September 1958 (age 65)
ParentGiridhari Lal Todi
Alma materBhawanipur College
OccupationIndustrialist (Lux Industries)

Ashok Todi(born 1958) is an Indian industrialist, heading the Kolkata-based Lux Industries group, a Rs. 10-billion company which is the market leader in India of the inner wear garment segment.[1][2] The group both manufactures and markets innerwear.

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][failed verification] 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.[citation needed] 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.[citation needed] 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.[citation needed] In 2013, Lux was awarded Asia's Most Promising Brand[4] and Master Brand 2013.[5][failed verification]

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.{{cite web}}: 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.{{cite web}}: 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.

External links