PM Modi's Monogrammed Suit Auctioned For 4.31 Cr

There have been 11 bids so far today, with four offers of more than ?2 crore to claim the suit that Modi wore at his meetings with US President Barack Obama during his India visit last month.

Prior to Mukesh Patel, Haryana-based LPS Bossard company’s MD Rajesh Jain, through his representative Himanshu Parmar, made an offer of 2.09 crore for the suit. This was the second bid by Jain, who had earlier offered to buy the suit for 1.85 crore.

“The good cause of funds going to ‘Clean Ganga’ mission is the motivational factor for the bid. Besides, it is the responsibility of the industries to make bid for a good cause,” Parmar said.

Earlier, another Surat-based diamond trader Hitesh Patel had offered ?2.08 crore, which was his third bid of the day after 1.61 crore and 1.75 crore.

“I have made the bid of 2.08 crore for Modi suit. I don’t know how further I will go, but as this fund will be utilised to clean river Ganga, whatever I give would be less,” Hitesh said.

Earlier in the day, businessmen Lavji Badshah and Jayanti Aklara made a joint offer of 1.81 crore to purchase the controversial suit.
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