BillionaireNet
Jaisinghani
Inder Jaisinghani
Rank #1850
INDIAManufacturingCables & wires

Inder Jaisinghani

Net Worth
$2.129B
+0.26% (24h)
Inder Jaisinghani, the Chairman and Managing Director of Polycab India Ltd., has built a remarkable career from humble beginnings. His source of wealth is attributed to the manufacturing of Cables & wires, transforming a small trading firm into a multi-billion-dollar electrical manufacturing powerhouse. With a net worth of $8.6 Billion, Jaisinghani's leadership and strategic decisions have propelled Polycab to the forefront of the industry. His commitment to quality, customer satisfaction, and the 'Make in India' initiative has solidified Polycab's position as a leader in the electrical sector.

The Full Dossier

Early Life

Inder Jaisinghani's journey began in Mumbai's Lohar Chawl, an area traditionally known for electrical goods. Born into a modest family, he faced early challenges. After the untimely death of his father, Jaisinghani left school at the age of 15 to support his family, beginning his entrepreneurial journey.

Rise to Success

Despite lacking formal education, Jaisinghani's sharp business acumen quickly became apparent. His ability to understand market dynamics and identify opportunities propelled him forward. He took charge of Polycab, guiding it to become a major player in the electrical manufacturing industry. His strategic decisions and leadership have been key to the company's soaring success.

Key Business Strategies

Jaisinghani's leadership philosophy centers around a customer-first approach, operational excellence, and innovation. His commitment to quality has earned Polycab a loyal customer base. Under his leadership, Polycab has expanded into new sectors, including electrical goods and smart technology. His commitment to the 'Make in India' initiative has also played a pivotal role in the company's growth.

Philanthropy

Inder Jaisinghani is committed to social responsibility and actively strives to improve economically and socially disadvantaged communities through Polycab's CSR initiatives.

Career Timeline

2019

Chairman and Managing Director

Reappointed as Chairman and Managing Director.

2019

Polycab IPO

The company went public.

2008

IFC Investment

International Finance Corporation (World Bank) picked up a stake.

1997

Chairman and Director of Polycab

Appointed Chairman and Director.

1986

Founded Polycab as a Trading Firm

Started the company with his brothers.

1968

Joined Family Business

Joined the family business after his father's passing.

Philanthropic Impact

Social ResponsibilityUndisclosed

CSR Initiatives

Committed to improving economically and socially disadvantaged communities.

Wealth Trajectory