R N Shetty
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R. N. Shetty
Born
August 15, 1928
Murudeshwar, North Canara, Karnataka, INDIA
Occupation
Businessman
Children
Mr.Satish R. Shetty, Mr. Sunil R. Shetty and Mr. Naveen R. Shetty and 3 Daughters
Contents
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R.N. Shetty
Rama Nagappa Shetty was born on August 15, 1928, at Murudeshwar in Uttara Kannada district in a family of agriculturists. His father was the administrator of Murudeshwara temple. After completing high school education, Mr Shetty started his career as a civil contractor in Sirsi.
In 1961, he formed R N Shetty & Company, a partnership firm. During the next four years, the company took up construction of three major projects - building bridges on Honnavar-Bangalore road. In 1966, he moved out of his native district and began operations from Hubli, a major city in northern Karnataka.
In 1967, he formed Naveen Mechanised Construction Company Private Limited with other 7 civil contractors. The company bid for construction of Hidkal dam in Belgaum district. However, it did not live for long suffering huge financial losses. In order to keep it alive other stakeholders in the company offered Mr Shetty their share. Next year, he took over the company. In the next eight years, Mr Shetty undertook several projects that nursed the company back to good health.
Family
R N Shetty has seven children, four daughters and three sons. Each of three sons have been given the responsibility of running the group’s three main business divisions. Mr Shetty is the Chairman of the group. However, Mr Shetty does not share the group’s total turnover.
References
External links
- www.rnsit.in
- www.rnshetty-polytechnic.com
- www.rnsit.in/about.htm
Contents
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Categories: Indian people by occupation | Businesspeople by nationality | Economy of IndiaHidden categories: Articles lacking sources from July 2008 | All articles lacking sources | Articles with topics of unclear notability from July 2008