Who was Vijaypat Singhania, ex-Raymond chairman who passed away aged 87?

Vijaypat Singhania, who passed away aged 87, was ex-Chairman of Raymond Group and an aviator. He took over Raymond in 1980s and led the group for two decades before handing over control to son Gautam. In 2005, Singhania set a world record by reaching 69,000-feet altitude in a hot air balloon at 67. He received Padma Bhushan in 2006.