T. S. Narayanaswami

November 11, 2012

A commemorative postage stamp on TS Narayanaswamy, an Indian industrialist from Tamil Nadu, one of the founders of India Cements :

Issued by India

Issued on Nov 11, 2012

Issued for : India Post recognizes the contribution of T. S. Narayanaswami by issuing a Commemorative Postage Stamp.

Credits :
Stamp/FDC/Cancellation : Alka Sharma

Type : Stamp, Mint condition

Colour : Multi colour

Denomination : 500 Paise

Stamps Printed : 0.4 Million (0.1 million for the proponent)

Printing Process : Wet Offset

Printer : India Security Press, Nashik

Name : T.S. Narayanaswami

Born on Nov 11, 1911

Died on Feb 14, 1968

About :

T. S. Narayanaswami, TSN or Abboy as he was popularly known, was born on 11^th November, 1911.
He started his career as a junior officer in the Indo-Commercial Bank in the early 1930’s where he made a mark with his industrious nature and an eye for detail. The experience of working in the banking sector provided him with the confidence to venture into the field of business. He started The India Cements Limited in 1946 in Talayathu, a small hamlet in Tirunelveli District along with S. N. N. Sankaralinga Iyer and K. Lakshmanan. The plant soon became one of the leading cement manufacturers in south India.
The group further ventured into Aluminium, Shipping, Chemicals and Plastics and established Madras Aluminium Company Limited (MALCO), South India Shipping Corporation (SISCO), Chemicals and Plastics India Ltd. (Chemplast) in quick succession. The imagination and initiative of Narayanaswami was the driving force behind these enterprises.
Narayanaswami was not only involved in social causes but also was an active sponsor of technical education. His advice and guidance was continuously sought by both public and private sectors. He held responsible positions in a number of official and non-official bodies. He was the Chairman of Madras Industrial Investment Corporation, President of Hindustan Chamber of Commerce and member of Executive Committee of the Federation of Indian Chamber of Commerce and Industry. His appointment as Sheriff of Madras in 1964 was a tribute to his pre-eminence in social and cultural circles and a recognition of his contribution to the industrial progress of the State.
T. S. Narayanaswami breathed his last on 14.02.1968.
Text : Based on the material provided by the proponent.