BillionaireNet
Desai
Chaitanya Desai
Rank #2967
INDIAManufacturingElectric cables

Chaitanya Desai

Net Worth
$1.11B
-2.12% (24h)
Chaitanya Desai, a 54-year-old Indian entrepreneur, is the Managing Director of Apar Industries, a Mumbai-based company specializing in electric cables and related products. His wealth stems from his involvement in the electric cable industry. He holds a Bachelor of Science in Engineering and a Bachelor of Arts in Economics from the University of Pennsylvania. As of 2024, Desai's estimated net worth is $1.2 billion.

The Full Dossier

Early Life and Education

Chaitanya Desai was born in Mumbai, India. He pursued higher education in the United States, earning a Bachelor of Science in Engineering and a Bachelor of Arts in Economics from The University of Pennsylvania and The Wharton School at the University of Pennsylvania. His mother, Maithili Desai, is from the Mafatlal family, a well-known textile clan.

Rise to Success

Chaitanya Desai's career is centered around Apar Industries, a company founded by his late father, Dharamsinh Desai. Apar Industries manufactures a range of products, including electric cables, specialty oils, polymers, and lubricants. Chaitanya serves as the Managing Director of the company, which generates approximately $1.9 billion in revenue. His older brother, Kushal Desai, is the Chairman and Managing Director.

Key Business Strategies

Under Chaitanya Desai's leadership, Apar Industries has focused on maintaining its market position through innovation, quality, and customer service. The company's diverse product range and focus on the electric cable sector have contributed significantly to its revenue and market presence.

Philanthropy

While specific details of Chaitanya Desai's philanthropic activities are not readily available, he is involved in various initiatives and is a trustee at Dharmsinh Desai University and DDMM Heart Institute.

Career Timeline

Unknown

Managing Director

Managing Director of Apar Industries.

1992

Education

Graduated from Vidyakunj High School, Vadodara.

Philanthropic Impact

Education & HealthcareUndisclosed

Trustee

Trustee at Dharmsinh Desai University and DDMM Heart Institute.

Wealth Trajectory