Billionaire Profile
Inder Jaisinghani
Global Rank
#1762

Image: Unsplash Contributor | Unsplash License | via Unsplash

Inder Jaisinghani

CEO, Cables & wires
INDIA
Real-Time Net Worth
$2.376B
Estimated based on Cables & wires stock value as of April 20, 2026
+0.11% (24h)
Age
72
Source
Cables & wires
Industry
Manufacturing
Citizenship
INDIA

Biography

Inder Jaisinghani, the Chairman and Managing Director of Polycab India Ltd., is a prominent figure in the Indian electrical equipment industry, with a net worth of $8.6 billion. He is the largest manufacturer of wires and cables in India. Jaisinghani's journey began in Mumbai's Lohar Chawl, where he took over his family's small electrical shop at age 15 after his father's passing. Under his leadership since 1997, Polycab has transformed into a multi-billion-dollar manufacturing powerhouse, expanding into various sectors like electrical goods and smart technology. His leadership principles include a customer-first approach, operational excellence, and a commitment to innovation, earning the company a strong reputation and customer loyalty. He is a strong advocate for the 'Make in India' initiative and actively supports CSR initiatives.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Inder Jaisinghani was born in Lohar Chawl, Mumbai, and grew up in modest surroundings. His life took a significant turn at 15 due to the untimely death of his father, Thakurdas Jaisinghani, which led him to leave school and take charge of the family's small electrical shop, Sind Electric Stores. This marked the beginning of his entrepreneurial journey, driven by a need to support his family.

Rise to Success

Jaisinghani, along with his brothers, expanded the family business, recognizing the potential in India's growing electrical wires and cables industry. In 1983, they founded Polycab Industries, formally entering the electrical goods manufacturing sector. Jaisinghani's leadership journey began in 1997 when he took over as Chairman and Director of Polycab. Under his guidance, Polycab expanded its offerings to include power cables, telephone cables, and PVC-insulated cables, differentiating itself with quality and innovation. He implemented strategies to expand into new markets and prioritize product quality, transforming the company into a household name.

Key Business Strategies

Inder Jaisinghani's leadership is defined by a customer-first approach, operational excellence, and constant innovation. He has been a strong advocate for the Make in India initiative, believing in the importance of leveraging India's manufacturing potential. His focus on quality and customer loyalty has solidified Polycab's reputation for reliability and competitive pricing, contributing to the company's success.

Philanthropy

Jaisinghani is passionate about social responsibility and is actively working to uplift socially and economically disadvantaged communities through Polycab's CSR initiatives.

Career Milestones

1983

Founded Polycab Industries

Formally entered the electrical goods manufacturing sector.

1997

Chairman and Director of Polycab

Took over the leadership, driving company expansion.

2019

Chairman and Managing Director

Formally assumed this role.

Philanthropy & Social Impact

Social Upliftment

CSR Initiatives

Undisclosed

Actively working to uplift socially and economically disadvantaged communities

Business Philosophy & Leadership

Notable Quotes

"Not Available"

Leadership Principles

Customer-first approach

Prioritizing customer satisfaction and building loyalty.

Operational Excellence

Focusing on efficiency and quality in all operations.

Innovation

Continuously investing in technology and research to stay ahead of the curve.

Controversies & Challenges

2023

Income Tax Raid

The Income Tax Department raided Polycab offices, discovering unaccounted cash sales and payments.

2024

Ransomware Attack

IT infrastructure targeted by a ransomware attack, attributed to the Lockbit group, although operations were not significantly impacted.