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Panditrao Agashe
पंडितराव आगाशे
Joint Managing Director of the Brihan Maharashtra Sugar Syndicate Ltd.
In office
1 July 1970 – 26 October 1978
Serving with Dnyaneshwar Agashe
Preceded by G. S. Valimbe
Succeeded by Dnyaneshwar Agashe (as sole managing director)
Personal details
Born (1936-03-08)March 8, 1936
Pune, Maharashtra, India
Died November 16, 1986(1986-11-16) (aged 50)
Pune, Maharashtra, India
Parents Chandrashekhar Agashe (father) and Indirabai Agashe (mother)
Occupation Businessman

Jagdish "Panditrao" Agashe (born March 8, 1936 – died November 16, 1986) was an important Indian businessman. He is best known for taking over from his father, Chandrashekhar Agashe, as a leader of the Brihan Maharashtra Sugar Syndicate Ltd.. He served as the joint managing director from 1970 to 1978. A school in Pune, the Panditrao Agashe School, is named in his honor.

About Panditrao Agashe

Early Life and Family

Panditrao Agashe was born on March 8, 1936. His birth name was Jagdish, but his sisters gave him the nickname "Panditrao," which he used for most of his life. He came from a well-known family of business people. His father, Chandrashekhar Agashe, was a famous industrialist.

Chandrashekhar-agashe-with-sons-and-wife-1950s
Agashe (left) with his parents (center), and younger brother Dnyaneshwar (right), in the 1950s.

Panditrao was the fourth of nine children. His father started the Brihan Maharashtra Sugar Syndicate Ltd. in 1934. After his father passed away in 1956, Panditrao joined the company's board of directors in 1957. He had finished high school but left his college studies to work for the company. On July 1, 1970, he became the joint managing director of the syndicate, working alongside his younger brother, Dnyaneshwar Agashe.

Panditrao Agashe never married. Through his brother Dnyaneshwar, he was an uncle to Mandar and Ashutosh Agashe. His family also included other notable people, like the musician Ashutosh Phatak and the historian Dinkar G. Kelkar.

His Work in Business

When Panditrao joined the Brihan Maharashtra Sugar Syndicate Ltd., the company was in a strong position. Many experienced managers helped him, as he was quite young. From 1958 to 1966, the company continued to operate well under the board's guidance and Panditrao's watch. During this time, he helped many farming communities, especially those affected by the Panshet dam flood in 1961. He provided financial aid to them.

In the late 1960s, the government began to take back large areas of land from private companies. Panditrao worked to keep the syndicate's land but eventually lost some of it to the Government of India. He was also known for his kindness and giving spirit. He donated to many community organizations across India.

By 1966, his brother Dnyaneshwar had also joined the company's board. Dnyaneshwar later started the Suvarna Sahakari Bank in 1969, where Panditrao also served as a director. In July 1970, Panditrao became the joint managing director of the syndicate.

In the early 1970s, Panditrao started a printing press called Mandar Printing Press. He named it after his nephew, Mandar. In 1973, he also gave an exhibit to the Raja Dinkar Kelkar Museum, which was named after his father. Under Panditrao and his brother's leadership, the syndicate expanded its business. In 1978, Panditrao retired from his role as joint managing director, leaving his brother as the sole managing director. In the early 1980s, the syndicate also briefly worked in metal printing.

Later Life and Legacy

Panditrao Agashe passed away on November 16, 1986. He was 50 years old. His younger brother and nephews continued the family's business ventures. The Panditrao Agashe School in Pune was named in his honor, remembering his contributions.

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