Mukutrao Kakade, the corporate leader was born in a peasant family on 04 May 1914 in the village of Nimbut in Pune District of Maharashtra State in India. He was involved in many social activities and was closely associated with the Congress party and its leaders such as Malojiraje Naik Nimbalkar, Yashwantrao Chavan and Keshavrao Jedhe. In 20th JUNE 1960 he established cooperative sugar factory SHRI SOMESHWAR SAHAKARI SAKHAR KARKHANA LTD.