PM Modi's Monogrammed Suit Auctioned For 4.31 Cr

Mumbai-based businessman Vipul Shah, the Managing Director of Asian Star, made a written bid of 2.05 crore, while prior to him Mukesh Patel offered 2 crore for the suit.

The other six bids made today were less than 2 crores.

On the second day of auction yesterday, the highest bid was 1.48 crore for the suit.

The bidding for the suit had started with 11 lakh on the first day of auction.

The suit, that kicked up a political storm, is being auctioned along with 455 items that Modi had received as gifts during his nearly nine-month long tenure, to generate funds for the Prime Minister’s ambitious ‘Clean Ganga Mission’.

Modi was photographed wearing the suit during his summit talks with Obama in Hyderabad House in Delhi on January 25 and at a joint media appearance that followed the meeting.

On closer inspection, photographs showed that the stripes were actually a monogram – Narendra Damodardas Modi – and embroidered on the fabric vertically.

The suit triggered a debate and Modi was slammed by his political opponents – especially the Congress and the Aam Aadmi Party – for wearing an expensive suit that some reports claimed cost nearly ?10 lakh.

Amid the media hype surrounding the auction, Congress workers had yesterday protested outside the auction venue, calling the event an act of “self publicity” by Modi.
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