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‘For friends, Abhey Oswal would do anything’

LUDHIANA: Leading industrialist Abhey Oswal died of heart failure in Moscow on late Tuesday night at the age of 67
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Abhey Oswal
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Tribune News Service

Ludhiana, March 30

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Leading industrialist Abhey Oswal died of heart failure in Moscow on late Tuesday night at the age of 67.

Hailing from Ludhiana, Oswal not just expanded his business in the city, but in the other states and overseas as well. His childhood friends termed his death an irreparable loss to the country and Ludhiana in particular.

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Ashok Oswal, one of his friends, said he was a gem of a person. “It is an irreparable loss to the country and he was a great visionary. Ever since his mother died of cancer, he started taking keen interest in Mohan Dai Cancer Oswal Hospital here (which is in the name of his mother) and made it state-of-the-art hospital where patients are provided treatment and medicines at much cheap prices.”

Though he was 67, his energy levels could beat any youngster. “His real-estate business (construction) is coming up in Ludhiana at three major locations. He was a jovial and a very positive person. For friends, he would do anything,” Bhalla said.

Harjit Arora, a CA and close aide of Abhey Oswal, said he was associated with the business tycoon since 1978.

He said Oswal had gone to Mocsow on a business trip as he was deeply into the project on life-saving medicines (mainly for cancer and diabetes).

“He had gone to Moscow as he was too keen on bringing life-saving drugs for fatal diseases such as cancer and diabetes. Lot of research was going on under his supervision in Moscow. The loss of Abhey Oswal is irreparable,” Arora said.

His two staff members were accompanying him. It was a hi-end research centre in Moscow and Abhey Oswal and the team of doctors and scientists associated with him were developing life-saving drugs to help the society.

Rohit Datta, general secretary of Sutlej Club, said his relationship with Abhey Oswal was that of a student and teacher and that he had learnt a lot from him.

“He was a strong believer in karma, which brings good fortune and bad. He always focused on achieving a goal and never compromised on anything. He was very aggressive and had the risk taking ability as well,” said Datta.

Abhey Oswal also came up with Jain Colony near Daba Road, where he constructed flats for the needy and rented those at nominal rent. He also constructed a school for the needy section of society.

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