Dadi Balsara (81) who founded Himalayan natural mineral water brand passed away at his home “Taj Mansingh Hotel” in Delhi.
He started his career as an LIC officer in Nagpur on a monthly pay of Rs 600. He later tried his hand in different careers and went to the US to study psychiatry on a scholarship. Though he obtained a doctorate, his practice did not take off.
Later, a Japanese television channel decided to host Balsara’s holistic lifestyle programmes. His shows — “You & your destiny” and “Power of the mind” — became quite a hit and money started coming. Balsara later settled in Singapore and began selling perfumes, earning the title “Perfumes king of Asia”.
In 1991, he invested $20 million to set up the largest natural mineral water plant in Dhaula Kuan in Himachal Pradesh. Under the Himalayan brand manufactured by his Mount Everest Mineral Water Limited. In 2001, Tata Global Beverages acquired Himalayan brand, which marked the company’s venture into the packaged water market.
Even after selling Himalayan to Tata, Balsara he continued his relationship with the celebrated business house by becoming their hospitality brand’s long-standing guest at their Taj Mansingh hotel and had been residing there since the hotel’s inauguration 36 years ago.