BillionaireNet
Kalyani
Baba Kalyani
Rank #973
INDIAConstruction & EngineeringEngineering

Baba Kalyani

Net Worth
$4.152B
-0.36% (24h)
Babasaheb Neelkanth Kalyani, born on January 7, 1949, is an Indian billionaire businessman and the Chairman of the Kalyani Group. His engineering background has been the primary source of his wealth, with an estimated net worth of $4.2 billion as of 2024. His career began at Bharat Forge in 1972, and under his leadership, the company transformed into a global leader in the forging industry. Kalyani holds a B.E. in Mechanical Engineering from BITS Pilani and a Master's degree from MIT. He has received the Padma Bhushan award for his contributions to trade and industry.

The Full Dossier

Early Life and Education

Babasaheb Neelkanth Kalyani was born in Pune, India, on January 7, 1949. His father, Neelakanth Rao Kalyani, was a technocrat and manufacturer of automotive components. Kalyani completed his schooling at Rashtriya Military School, Belgaum and attended Dr. (Mrs.) Erin N. Nagarvala School, Pune. He earned a B.E. (Hons.) in Mechanical Engineering from BITS Pilani in 1970 and later obtained an MS degree from the Massachusetts Institute of Technology (MIT).

Rise to Success

Kalyani's career took off when he joined Bharat Forge in 1972. He became the Chairman and Managing Director of Bharat Forge, which is the flagship company of the Kalyani Group. Under his leadership, Bharat Forge became the world's second-largest forging manufacturer, and he spearheaded its global expansion. He diversified the company into various sectors including aerospace, defense, and renewable energy.

Key Business Strategies

Kalyani's strategies included strategic acquisitions and a focus on technological advancement. He established Kenersys Limited, focusing on wind turbine manufacturing, and was involved in developing solar energy equipment. His leadership also involved forming partnerships, such as a joint venture with Rafael Advanced Defence Systems of Israel.

Philanthropy

Baba Kalyani is known for his philanthropic endeavors, particularly in education and community development. He founded the Pratham Pune Education Foundation, an NGO that provides primary education to underprivileged children. The Kalyani Group also supports initiatives in healthcare and community development.

Career Timeline

2008

Padma Bhushan

Awarded the Padma Bhushan for contributions to Trade and Industry.

2000

Pratham Pune Education Foundation

Founded the Pratham Pune Education Foundation.

1972

Joined Bharat Forge

Began career at Bharat Forge.

1970

Graduation

Earned a B.E. (Hons.) in Mechanical Engineering from BITS Pilani.

Philanthropic Impact

EducationUndisclosed

Pratham Pune Education Foundation

Provides primary education to underprivileged children.

Wealth Trajectory