http://timesofindia.indiatimes.com/articleshow/1129391.cms
Leading industrialist of Goa passes away
SANJAY BANERJEE
TIMES NEWS NETWORK[ WEDNESDAY, JUNE 01, 2005 07:39:35 PM ]
PANAJI: Pascoal Jose Menezes who died last Sunday at the age of 95 is
considered in Goa as the pioneer of the pharmaceutical industry. A drop
out at while he was only in third standard, Pascoal became the chairman of
the flourishing CMM group of industries.
What started as a journey on a cycle to reach out to people for the
promotion of his father's floundering pharmacy and marketing the drugs,
culminated in his purchasing an Austin Morris car as part of his marketing
strategy.
It was not pharmacy alone that Pascoal limited his business venture. He
made the most of his fortune during pre-liberation days when Goa was a
paradise for imported goods for buyers from Mumbai for foreign goods like
Gillette blades, Ray Ban glasses, gramophone records and costume
jewellery. Among his customers were the legendary Nargis Dutt and half the
film industry.
Post liberation the import restrictions were extended to Goa as well but
the indefatigable Pascoal indulged and expanded his business into
manufacturing that resulted in the foundation of the industrialisation of
Goa.
