Billionaire Profile
Chaitanya Desai
Global Rank
#2687

Image: Bollywood Hungama | CC BY 3.0 | via Wikimedia Commons

Chaitanya Desai

CEO, Electric cables
INDIA
Real-Time Net Worth
$1.346B
Estimated based on Electric cables stock value as of March 6, 2026
+5.55% (24h)
Age
54
Source
Electric cables
Industry
Manufacturing
Citizenship
INDIA

Biography

Chaitanya Desai is a prominent Indian businessman and the Managing Director of Apar Industries Limited. He is known for his leadership in the electric cable manufacturing sector and has an estimated net worth of $1.0 billion. With a Bachelor of Science degree in Chemical Engineering from the University of Pennsylvania and a Bachelor of Science degree in Economics from the Wharton Business School, he has been instrumental in driving Apar Industries' growth. His career includes heading the Polymer division and later leading the Conductor division. Desai has also served on the Executive Council of IEEMA. His achievements and contributions have made him a recognized figure in the business world.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Chaitanya Desai, born in Mumbai, India, is the Managing Director of Apar Industries Limited. He is the son of Dharamsinh Desai, who established Power Cables, later known as Apar Industries, in 1958. Chaitanya Desai received a Bachelor of Science in Chemical Engineering and a Bachelor of Science in Economics from The University of Pennsylvania.

Rise to Success

Chaitanya Desai joined Apar Industries in 1993 and headed the Polymer division. He was instrumental in various business transactions, including acquisitions and mergers. Under his leadership, Apar Industries has become the world's largest manufacturer of aluminum and alloy conductors. The company also expanded into specialty oils and renewable energy cables.

Key Business Strategies

Desai has focused on innovation and technological advancements, leading Apar Industries to develop first-in-India solutions and become a leading player in the renewable energy sector. He has been involved in the company's digital transformation, enhancing operational efficiency, product quality, and employee safety. APAR Industries is recognized for developing, innovating, and manufacturing many first-in-India solutions.

Philanthropy

Chaitanya Desai follows in the footsteps of his father, serving as a trustee of the Dharmsinh Desai Foundation, which runs DD University and the Dharmsinh Desai Memorial Methodist Institute of Cardiology and Cardiovascular surgery. The Desai Foundation supports various initiatives related to women's health, livelihood, menstrual equity, education, and climate action.

Career Milestones

1993

Joined Apar Industries

Joined the company and headed the Polymer division.

Present

Managing Director, Apar Industries

Currently serves as the Managing Director of Apar Industries Limited.

Philanthropy & Social Impact

Education and Social Welfare

Dharmsinh Desai Foundation

Unknown

Trustee of the foundation, supporting initiatives related to women's health, livelihood, and education.

Healthcare

Dharmsinh Desai Memorial Methodist Institute of Cardiology

Unknown

Trustee of the institute.