Billionaire Profile
Chaitanya Desai
Global Rank
#2921

Image: Public domain | via Wikimedia Commons

Chaitanya Desai

CEO, Apar Industries
IN
Real-Time Net Worth
$1.2B
As of December 2025
Age
54
Source
Electric cables
Industry
manufacturing
Citizenship
IN

Biography

Chaitanya Desai, currently the managing director of Apar Industries, a prominent Mumbai-based company, has a net worth of approximately $1.2 billion. His wealth stems from his involvement in the electric cables industry. Desai, 54, is a key figure in Apar Industries, which generates substantial revenue and manufactures a variety of products including conductors, electric cables, specialty oils, polymers, and lubricants. He is known for his experience and asset management within the sector, as well as his family's historical presence in the textile industry.

Wealth Over Time

In-Depth Profile

Early Life

Chaitanya Desai, born in Mumbai, India, is a prominent figure in the electric cable industry. His mother's family hails from the old textile clan known as the Mafatlal family. His family has a long-standing presence in the business world.

Rise to Success

Chaitanya Desai is the managing director of Apar Industries, a company with a revenue of $1.9 billion. Apar Industries was founded in 1958 by his late father, Dharamsinh Desai, and is known for manufacturing conductors, electric cables, specialty oils, polymers, and lubricants. His older brother, Kushal Desai, is the chairman and managing director of the company.

Key Business Strategies

Chaitanya Desai's leadership focuses on the manufacturing of conductors, electric cables, specialty oils, polymers, and lubricants. The company's diverse product range, from conductors to specialty oils, reflects a strategic approach to cater to different market segments. The company has a strong presence in the renewable energy sector.

Philanthropy

Chaitanya Desai, along with his brother Kushal Desai, was featured in the EdelGive Hurun India Philanthropy 2024 list, indicating their involvement in philanthropic activities.

Career Milestones

1958

Apar Industries Founded

Apar Industries was founded by Dharamsinh Desai.

Present

Managing Director of Apar Industries

Chaitanya Desai is the Managing Director of Apar Industries.

Philanthropy & Social Impact

General

Philanthropic Activities

Undisclosed

Featured in the EdelGive Hurun India Philanthropy 2024 List.