His ambition led him to acquire the Mahavir Insurance Co. After a quick succession of the sugar mills, he ventured into the business of insurance, dry ice, and refrigeration, starch and chemicals and paper. 6 acquisition of the Deoria Sugar Mills in the Gorakhpur District brought an associated electric supply company into his fold. 3 he made history of sorts by acquiring the rights to exploit Bird and Co.’s Sirka Coal mine in Hazaribagh. Soon he moved to Calcutta, an office was rented at 9, Dalhousie Square east, where the firms of Karam Chand Thapar and Co., Karam Chand Thapar & Bros., and Shyamlal Thapar & Bros. It was a mix of luck and acumen that propelled Karam Chand into the vortex of the coal industry. After his marriage, Shyamlal, a cousin who ran a coal depot in Ludhiana, introduced Sachhar to Karam Chand and in the course of their conversation, the young boy was offered a partnership, which enabled him to do business in the coal belt of Jharia, near Dhanbad in Bihar. He was a self- made man in the true sense of the word.
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