Renowned industrialist Deepak Khaitan, vice chairman of Rs. 5,000-crore Williamson Magor Group, passed away on Monday. He was 59.
Khaitan died at his home at 9.55 a.m. this morning. He was sick for the last few years, sources from the Kolkata-based group said.
Deepak Khaitan, the eldest son of the group patriarch Brij Mohan Khaitan, was on the board of every group company.
Williamson Magor Group has four major companies Eveready Industries, McLeod Russel, McNally Bharat Engineering and Kilburn Engineering.