Hindustan Shipyard Limited celebrates the 140th birth anniversary of its founder, the late Shri Seth Walchand Hirachand Doshi. Seth Walchand Hirachand is one of the great visionary leaders who laid the groundwork for modern India in his own unique way. He built India's first modern shipyard, aircraft factory, and automobile factory. He was a great visionary who put Atmanirbhar Bharat into action 100 years ago. He always believed that India could create anything that was as good as or better than the rest of the world.

He founded Walchandnagar Industries in Pune in 1908. He laid the foundation for Hindustan Aircraft Limited in Bangalore in 1940, Scindia Shipyard (now HSL) in Visakhapatnam in 1941, and Premier Automobile near Mumbai in 1945, among many other industries in Maharashtra.

The celebrations for Founder's Day will begin with the garlanding of multiple statues of Seth Walchand at Scindia Junction, inside the company premises, and by remembering the inspiring thoughts and principles laid out by Seth Walchand Hirachand.