Sir Seth Hukum Chand Jain of Indore, Holkar State, thara of Indian industry and a prominent leader of the Jain community for about 50 years. His ancestor Seth Pusaji had settled at Indore in 1787 under the patronage of the ruling HolkarMaratha clan of the Maratha Confederacy. His father Seth Sarup Chand was himself a successful businessman; however, Seth Hukum Chand transformed the few lakhs he inherited into a fortune of many crores. In his lifetime he donated various amounts amounting to about. He was initially associated with the firm Trilok Chand Hukam Chand, set up by his father and two uncles, while he was only 6 years old. By 16 he had himself become a successful businessman.
Industrial pioneer
Seth Hukam Chand became a leading business magnate of the country doing speculative and ready trade in commodities on a large scale. He was known as the 'Cotton Prince of India' and had much credit even in some overseas countries. Even the New York Cotton exchange was closed for two day on his death. His offices were located in important cities of India. He established cotton mills, and a large jute mill and iron mill at Calcutta. He was a pioneer in Swadeshi industry. He was the first Indian businessman to set up a jute mill.
Social contributions
He was a champion of the nationwide Khadi Movement initiated by Mahatma Gandhi in 1920 and a leader of the Swadeshi Movement of 1931 in Bombay. He financially supported Hindi Sahitya Sammelan and was President of Madhya Bharat Hindi Sahitya Samiti. He had an unparalleled record of religious and social service. He protected Jain Tirthas, and constructed and repaired several Jain temples. He built the famous Kach Ka Mandir in Indore. He served as:
With his influence he resolved major religious and social issues. He was a great devotee of Jain munis and went on several pilgrimages. He was made Rai Bahadur in 1915 and honoured with the title of 'Sir' in 1919. Maharaja of Gwalior presented him Khilat and rulers of Indore honoured him with the titles of Rajya Bhushan, Rao Raja and Rajya Ratna. He established:
On Mahatma Gandhi's visit to Indra Bhawan, Hukumchandji agreed to give him his of farmland for building the Kasturbagram village. He donated Rs. 400,000 for the construction of Lady Hardinge Medical College and Hospital at New Delhi. He donated Rs. 200,000 for the welfare of agriculturists. He provided enormous financial assistance during the famine of 1899 and the plague epidemics of 1903 and 1908.
Transformation
In his later life, Seth Hukam Chand gave up wearing expensive clothes and jewellery studded with precious gems, and switched to simple clothes. He devoted most his time to religious activities. His family still resides in Indore, in the grand Palace Indra Bhawan popularly known as Hukumchand Ghantaghar.
