His is the story of a visionary, ahead of his time who, through his thought and action, contributed to laying the foundations for transforming India from an agrarian society to an industrializing nation. 3. M Ct, as he was popularly known, was a true pioneer who did not let the restrictive economic environment of his time restrain his abounding spirit of enterprise.
He started the United India Life Insurance, the first national level life insurance company; ventured into general insurance through the United India Fire and General Insurance Company, established a bank – the Indian Overseas Bank, and set up a large manufacturing unit – Travancore Rayon. M Ct thought big.