Veteran industrialist and chairman of the Synthite Group, C V Jacob, died on Sunday. He was 87.

He was undergoing treatment for age-related ailments.

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He was a director of the Cochin International Airport Limited (CIAL).

He has served as the vice chairman of the Spices Board and the chairman of the Kolencherry Medical College Special committee.

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Jacob founded Synthite, a leading player in spices industries, in 1972.

Over the years Synthite has grown to leave its marks in various sectors such as spices, real estate and hospitality.

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