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Ramnarain Ruia

Indian businessperson

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About Ramnarain Ruia

Ramnarain Ruia was a businessperson, known for Bank of India and Phoenix Mills.

Seth Ramnarain Ruia (also known as Ramnarain Hurnundrai) was an Indian businessperson. He is also referred as the Cotton King.

He was one of the co-founders of Bank of India along with Sir Sassoon David and Sir Cowasji Jehangir Readymoney.

In 1905, Ruia purchased Phoenix Mills and two other mills in 1905 to start his textiles business. The other two mills, which he had purchased was the Bradbury Mills at Kalbadevi) and the Dawn Mills at Lower Parel in Bombay.

In 1959, the firm was listed on the Bombay Stock Exchange. The firm also ventured into real estate in 1987 and built High Street Phoenix, Mumbai. He co-founded Bank of India in 1906.

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Important facts

Occupation
Known for
Bank of India, Phoenix Mills

Frequently asked questions

Who was Ramnarain Ruia?

Indian businessperson

What was Ramnarain Ruia's occupation?

Ramnarain Ruia was a businessperson.

What was Ramnarain Ruia known for?

Ramnarain Ruia was known for Bank of India and Phoenix Mills.

Sources & further reading

· Wikipedia: Ramnarain Ruia

· Wikidata: Q78143099

· DBpedia: Ramnarain Ruia

Cite this page

APA: Biography.guide. (2026). Ramnarain Ruia. https://biography.guide/ramnarain-ruia/

MLA: "Ramnarain Ruia." Biography.guide, https://biography.guide/ramnarain-ruia/.

Chicago: "Ramnarain Ruia." Biography.guide. https://biography.guide/ramnarain-ruia/.

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