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Online edition of India's National Newspaper Saturday, January 13, 2001 |
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Industrialist L.L. Narayan passes away
By Our Special Correspondent
CHENNAI, JAN. 12. Noted industrialist, Mr. L.L. Narayan, chairman
emeritus of the Chennai-based Rane group of Industries, died here
today, following a massive cardiac arrest. He was 83.
Born in Vaikom, Kerala, in 1917, Mr. Lakshmana Iyer
Lakshminarayan, had his education in Travancore and Chennai.
Starting his career with a small automobile trading company in
the 1940s, Mr. Narayan ventured into manufacturing and
established Engine Valves factory near Chennai in 1959. In a few
years, the group grew into a multi-crore auto-component
manufacturing major. He was connected with business chambers,
manufacturing associations and was a member of the State Planning
Commission.
`LLN', as he was known, continued as Rane group's chariman till
1989, when his eldest son Mr. L. Lakshman took on the mantle. He,
however, continued to take active interest in the group. He is
survived by wife, two sons (Mr. Lakshman and Mr. L. Ganesh), and
three daughters.
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