Inder Jaisinghani

Early Life

Inder Jaisinghani's life began in the Lohar Chawl area of Mumbai. He faced challenges early on, including the loss of his father, which forced him to leave school at 15 to support his family. This early adversity shaped his determination and work ethic, which became instrumental in his future success.

Rise to Success

Jaisinghani, along with his brothers, transformed a small electrical shop into Polycab India Limited. In 1986, the brothers founded Polycab from a small garage-like shop. Initially, the focus was on trading, but under Inder's leadership, the company shifted to manufacturing and expanded its product range. A key turning point came in 2008 when the International Finance Corporation, the private equity arm of the World Bank, invested in the company.

Key Business Strategies

Inder Jaisinghani's strategic vision included expanding into new markets and prioritizing product quality. This approach earned Polycab the trust of customers in over 70 countries. The company's successful IPO in 2019 further fueled its growth. Polycab has a strong market share in the wires and cables sector in India, and has also expanded into the Fast Moving Electrical Goods (FMEG) sector. The company is also a major player in the Engineering, Procurement, and Construction (EPC) sector.

Philanthropy

Through Polycab’s Corporate Social Responsibility (CSR) initiatives, Inder Jaisinghani has contributed to supporting economically and socially disadvantaged communities.