Raunak Singh was one amongst the first industrialists of India who became very successful after our country gained independence. The Raunaq Group of Industries was founded by him.
Under the Raunaq group, the other major companies that are listed are Apollo Tyres Ltd, Bharat Steel Turbo Ltd, Menarim Raunaq Pharma Ltd, Bharat Gears Ltd, Raunaq Automotive Components Ltd, and Raunaq International Ltd.
The birth year of Raunaq Singh is 1922. His early life was a struggling one but later he gained an influential stature in the business industry. There was a time when he could not afford more than one paisa per day for food and on the contrary when he took retirement, he had 9000 employees working for his company on payroll.
In order to make a mark of the Indian industry on the map of the world, he worked day in and out without getting tired. Raunaq Singh had many important positions which he held in Associations that dealt with trade and industry like the FICCI, ASSOCHAM, EEPC.
He was the chair person of Automotive Tyre Manufactures Association and President of Indian Export Organization.
Many awards were won by Raunaq Singh. There were many times when he was called “Mr. Exporter” as he was much into export and export promotion of Indian goods. His work was also acknowledged internationally as he as chosen to be member of International Chamber of Commerce, Paris for three years.
He also got awarded nationally and internationally for his skills as an entrepreneur. Raunaq Singh breathed his last on 30th September 2002.