In addition to its flagship textile business, the Khatau Group helped pioneer India's industrial revolution by founding several leading companies in collaboration with other leaders of the time such as the Tatas and Walchand Hirachand.
Dharamsey Khatau was a board member of each of these companies and a chairman of ACC in the 1950s.
Dharamsey Khatau was an honorary member of the Textile Association of India, along with other doyens of Indian textile industry, including leaders of the Birla, Tata, Singhania, and Ambani industrial houses.
[2] Sunit Khatau, the then Chairman of the company, was assassinated in Mumbai in 1994 for a dispute about the sale of a mill.
The Khatau family's companies were separated and are now run independently by heirs and professional managers.