Indore: A 65-year-old businessman died by alleged suicide at his factory in Banganga area on Wednesday night.
Banganga police station in-charge Siyaram Gurjar said Anil Jain, a resident of Kanchan Bagh, arrived at his Madhuchal Rolling Factory on Wednesday night. Around 11 pm, employees found him unconscious in his office and informed the police. The staff then rushed him to Aurobindo Hospital, where he was declared dead.
Officials said they were yet to record the statements of his family members and the exact reasons will become clearer after that.
Initial reports suggest that he was stressed for a long time over domestic disputes.
Anil Jain supplied materials for Indore Metro project and conducted business with major companies. He was among the prominent industrialists in the city. Jain served as the managing director of the company, while Kamlesh Jain and Rahul Jain were directors. The company was involved in steam manufacturing since 1992. TNN