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Vasantrao Madhavrao Ghatge ( 9th May 1916- 3rd Sept 1986) was an Indian entrepreneur, business magnate, industrialist and a professor. He was the co-founder of Ghatge Patil Transports along with Jaykumar Patil in the year 1945 based in Kolhapur. Mr. Vasantrao Ghatge was widely recognized as the pioneer in the road transport sector for revolutionizing transportation of cargo or goods. He was born in Kolhapur to Radhabai and Madhavrao Ghatge. He was raised in Kolhapur in the 1920s and completed Master of Science in Botany in the year 1938 from Fergusson College of Pune

Family
Vasantrao belonged to a family of scholars. Madhavrao was a brilliant man who had studied Upanishads while his elder brother Amrutrao was an Indian Sanskrit scholar. Vasantrao had three brothers and one sister, Vasantrao being the youngest. Vishnupant had studied Aeronautics while Sakharam was a builder by profession. Born in a small village Hasurchampu in Gadhinglaj Taluka, the Ghatges are traditional Brahmins with strong roots in Kolhapur.

Education and Business
After finishing Master of Science in Botany from the prestigious Fergusson College of Pune, Vasantrao started his career as a professor in Rajaram College. After teaching for a few months, he had to resign his post when he was diagnosed with Tuberculosis. Vasantrao, being calm and understanding by nature made friends very easily; one of his closest friends was Jaykumar Patil.