It is
tougher for an industrialist with integrity to survive in Kerala than for a
camel to pass through the eye of a needle. But late Goplala Achutha Menon, founder of Toonz Animation India and the first chairman of UST Global was one of the few industrialists who proved this wrong. Menon a harbinger of IT industry in Kerala not merely survived in
this red rampart but was eminently successful too.
Average
Keralite might not have heard much about this visionary businessman despite
being one of the biggest job providers in the state. However he was one of the rare Malayalis who contributed to his homeland more than he inherited. He tried for the industrialisation of Kerala despite the challenges he faced. He was equally at ease in Beverley Hills in the US
where he lived and at the orthodox small town of Thiruvananthapuram. Menon was wonderfully
successful in the US, Singapore and Kerala, is a perfect reply to those NRI
industrialists who search for the key to tackle complex problems in the state known for its hartals and anti-capitalist movements.
Menon had
umpteen achievements to his credit, but the common man in Kerala first noticed
him only a few years before his death and that too was for a different reason.
In this controversy loving South Indian state, Menon first hit the headlines of
leading dailies when an eternal litigant Nawab Rajendran served a notice on him
for allegedly serving drinks in public without a license. The reason was
Menon’s Cadillac extended limousine was said to have a well stocked bar. Menon’s Cadillac rolling through the dingy
roads of Kerala was a wonder then and magazines wrote about it.
Stepping to Kerala’s industrial sector
Despite his status as an
Electronics Tsar, Menon’s entry into Kerala’s industrial arena was with a
proposal to set up a Rs 6000 crore petrochemical complex. It did not take off. However Menon did not back out and eventually
set up two companies in IT sector showing the state its right way to
industrialization.
Many remember Menon as a person
of ethics and right strategy and perhaps that was why his personality attracted
even left leaders with integrity like CPI leader and former Kerala chief
minister P.K Vasudevan Nair. Menon never flaunted his influence and believed in
progress through the right way. He was never one of the businessmen who wanted
to be in the limelight of media though he interacted with media persons
regularly. This is one of the reasons why this blog
www.travancorenairs.blogspot.in chose to remember the contributions of Menon
who was one of the top industrialists from Nair community in Kerala. We are not
sure Menon was in anyway associated with social organizations of Nair community
like NSS. However, Menon’s contributions to Kerala as a whole make him worth
remembering.
Early stages
Born in the
picturesque sleepy coastal area of North Paravur in Ernakulam district in
Kerala, Menon majored in Mathematics from Madras University. At that time many
Keralaites used to go to Madras
University for their higher studies. He is
reported to have begun career as a statistician at Thackerse Moolijee Group of
Textile Mills in Mumbai. Later he took an MBA from Harvard and moved to IBM
where he occupied different managerial positions for 15 years.
After IBM
closed operations in India in he joined ComCraft group in Singapore. He became
chairman of many companies in Chandaria group. In Singapore, he set up Multi
Tech systems which merged with Venture Manufacturing Singapore in 1989 and is
one of the largest electronics manufacturing industries in the world now.
His success
seems to be associating with the right partners and using the opportunity to
grow along with the organisation. He occupied a prominent position in the
electronics industry in the world for forty years; not a simple achievement.
He
co-founded Magnecomp Corporation in the USA (a
wholly-owned subsidiary) in 1984 together with Mr Wesley H. Burkhart. The companies that he chaired are
many and versatile. It is difficult to name all the
companies founded by him or chaired by him.
Menon’s contribution to Kerala
Menon’s
eminence lies in the fact that he returned to his home state where he tried to
contribute for its industrialization despite the challenges. He showed the
example as to which type of industry is suited for Kerala considering its
geographical, social, demographical and educational capacities.
He is
reported to be one of those who played a seminal role in the formation of TiE
Kerala, with the aim of fostering entrepreneurship in Kerala. It is not known whether
the organization had achieved its aims in Kerala. Menon is also reported to
have contributed to the formation of the Kerala Support Group at California,
aimed at entrepreneurial development in his home state, Kerala.
An active
man throughout his life Menon passed away in a Los-Angeles bound flight from
Singapore in December 2, 2003 at the age of only 72. It is doubtful if Menon got the accolades he
deserved from his home. When every NRI businessmen is being honored with Padma
titles Menon eminently deserved to be honored much more for showing the path of
IT and IT enabled services for the growth of Kerala. We Nairs can definitely be
proud of G A Menon, an eminent member of community who rose as a world leader
in his area of expertise. Let Nair youths learn from his life and work.
I wish kerala government institutes an award in his name - which must be given to deserving entrepreneur every year - through an expert committe.
ReplyDeleteThis could be a sole consolation to otherwise lack of recognition considering the growth and employment that the company he confounded has been able to achieve over the years even after his demise.
The real appreciable factor is how he chose thiruvananthapuram - over other shining cities like Bangalore - Chennai - Gurgoan - Hyderabad.