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Home > ADC Initiative > Naozer Jamshed Aga – promoter, entrepreneur and business magnate

Naozer Jamshed Aga – promoter, entrepreneur and business magnate

Saturday, August 17, 2013

After graduation (B.Sc. Hons.) from St. Xavier’s College, Mumbai in 1962, Mr. N.J. Aga joined Voltas Limited (a Tata Group company) as a management trainee. He resigned from Voltas, to promote the Armayesh group, in September 1972. Armayesh is a combination of the names of his son Armand and daughter Ayesha.

Mr. Naozer Jamshed Aga, a first generation entrepreneur is the Promoter Chairman Eeritus and senior Advisor of Virat Industries Limited (VIL), Navsari, Gujarat and the Armayesh Group of Companies, Mumbai. He is also the Promoter Board Chairman of Shapoorjee Chandabhoy Finvest Pvt. Ltd. (SCFPL), Mumbai. VIL is a Public Limited Company, listed and quoted on the Bombay Stock Exchange (BSE) and is the largest manufacturer-exporter of dress socks, of all BSE listed companies.

The Armayesh Group exports hand embroidered products and owns and rents commercial premises and business centres.

SCFPL, a Non Banking Financial Company (NBFC), is the Promoter of VIL and conducts Finance and Investment business.

The invested capital, sales and profits of the companies promoted by Mr. N.J. Aga, is rupees multi crore.

Naozer Aga Is "An Easy Rider" Having A Passion For Bikes
Naozer Jamshed Aga’s passions are more down to earth. The 66-year-old ‘young’ man is crazy about his new Honda CBR-1000RR racing bike, which he specially imported from the USA to ride on the roads of Mumbai.

In 1962, Naozer Aga participated in the Motorcycle Championship in the 500cc category at Lohegaon, Pune. He almost won but had to settle for second place. This is not deter the young man’s urge to win the coveted title. The following year, he fought back and won the championship quite comfortably.

When he is in Mumbai, he never misses his weekend trip to Lonavala, with his new partner, a Honda CBR1000RR racing bike. He sets off very early in the morning to avoid traffic jams. Aga says the old Mumbai-Pune highway is ideal for bikers. When we asked him how long he takes to reach Lonavala, he said, casually: “One hour and 40 minutes.”

From Aga’s lifestyle, one can deduce that age is no obstacle to determination and true passion.

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