Early Life
Walchand Hirachand was from a gujarati Jain hailing from Wankaner Gujarat, which settled in Sholapur in Maharashtra. He was born in Solapur, Maharashtra in a Digambar Jain family engaged in trading and money lending. He matriculated in 1899 but was not interested in the family business. He found the railway contracting business to his liking and became a railway contractor for constructions in partnership with a former railway clerk, Laxmanrao Balwant Phatak; the partnership later became Phatak-Walchand private limited. Walchand proved to be a successful railway contractor but was open to other business ideas as well.
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Famous quotes related to early life:
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,—if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892–?)