Bhubaneswar: Eminent industrialist and visionary founder of RUCHI Foodline Sarat Kumar Sahoo passed away this morning while undergoing treatment at a hospital in Mumbai.

According to sources Sahoo, who is also the Executive Chairman of Odisha Assembly of Small and Medium Enterprises (OASME), died at the age of 76 while being treated at Lilavati Hospital and Research Centre in Mumbai. He had been battling cancer for the last several years.

Sources informed that Sahoo's family members will bring his mortal remains to Cuttack and conduct his last rites.

Meanwhile, Odisha Chief Minister Mohan Charan Majhi condoled Sahoo's and called it an "irreparable loss" to the state's business world. "I am deeply saddened by the passing of Sarat Kumar Sahoo, a prominent industrialist and founder of RUCHI Foodline. This is an irreparable loss to the industrial world of Odisha. My heartfelt condolences to the bereaved family, and my prayers to Lord Jagannath for the eternal peace of the departed soul. Om Shanti," he said on his X handle.

Likewise, Odisha Leader of Opposition Naveen Patnaik and Union Minister Dharmendra Pradhan mourned industrialist's death.