Early Life
Girdhari Jaisinghani, born in 1944, entered the business world at a young age. In 1968, after the passing of his father, he, along with his brothers, took over the family's electrical store, Sind Electric Stores, in Mumbai. This store, located in Lohar Chawl, the city's hub for electrical goods, laid the foundation for their future ventures.
Rise to Success
The family business expanded, and in 1983, the Jaisinghani brothers established Polycab Industries, a firm that would become the cornerstone of their success. The company began manufacturing PVC insulated wires and cables in Halol, Gujarat. Girdhari, along with his brothers Inder, Ajay, and Ramesh, played pivotal roles in growing Polycab. Over time, Polycab expanded its product range and operations significantly, becoming a major player in the Indian electrical equipment market.
Key Business Strategies
Under the leadership of Girdhari and his brothers, Polycab focused on both forward and backward integration to improve margins and cash flow. This included investing heavily in manufacturing capabilities. The company expanded its product portfolio, venturing into electric fans, LED lighting, switches, and switchgear. Polycab also embraced digital technologies to enhance its business operations. Polycab went public in 2019, further solidifying its market presence.
Philanthropy
There is no publicly available information on his philanthropic activities.
