Founder Editor Team
Inder Jaisinghani’s journey from a modest background to becoming one of India’s most influential business leaders is a testament to resilience, vision, and hard work. As the Chairman and Managing Director of Polycab India Ltd, Jaisinghani has played a pivotal role in transforming the company into one of the leading manufacturers of electrical wires and cables in India. His story is not just about business success but about overcoming adversity and turning challenges into opportunities.
Born and raised in Mumbai’s Lohar Chawl, a bustling locality known for its close-knit community and thriving trade, Jaisinghani’s early life was marked by hardship. At the age of 15, he was dealt a harsh blow with the sudden death of his father, which forced him to drop out of school and take responsibility for his family. This was a turning point in his life, marking the beginning of his entrepreneurial journey.
In 1986, Jaisinghani entered the business world with a trading firm, Polycab, initially dealing with electrical goods. At the time, Polycab was just a small business, but Jaisinghani’s vision was anything but small. He understood the potential of the electrical manufacturing sector in India and the need for high-quality products to meet growing demand. By focusing on quality, customer satisfaction, and innovation, he began laying the foundation for what would become a leading company in the industry.
Jaisinghani’s strategic foresight and deep understanding of business operations played a key role in Polycab’s evolution. In 1997, he joined Polycab as Chairman and Director, an important milestone that marked his increased involvement in the company’s leadership. His expertise spanned several critical aspects of the business, including Strategy & Planning, Sales & Marketing, Governance, Operations, and Finance. Under his leadership, Polycab started to diversify its product offerings and expand its market reach.
Jaisinghani’s vision was clear – he wanted to establish Polycab as a recognized brand in the electrical wire and cable industry. His leadership was marked by a focus on operational excellence, strategic partnerships, and investments in state-of-the-art technology. This approach enabled Polycab to meet the ever-growing demand for quality electrical products in India and abroad. The company’s manufacturing plants, equipped with the latest machinery, allowed for a scale of production that made it one of the largest players in the sector.
In 2019, Jaisinghani took on the role of Chairman and Managing Director of Polycab India Ltd. This move came at a time when the company was poised for significant growth. Under his stewardship, Polycab accelerated its expansion into new markets, both domestically and internationally. The company’s offerings expanded from just electrical wires and cables to include a wide range of other products such as LED lighting, solar cables, and electrical accessories.
As per Forbes, Jaisinghani’s remarkable success story culminated in his inclusion in the Forbes India Rich List in 2021. His transformation from a young school dropout to one of the wealthiest individuals in the country is an inspiration to many entrepreneurs and aspiring business leaders. His ability to adapt to changing market dynamics, coupled with a relentless focus on quality and customer satisfaction, has been central to Polycab’s success.
Today, Polycab India Ltd stands as a market leader with a global presence, thanks in no small part to the strategic vision and leadership of Inder Jaisinghani. His journey continues to inspire not just those in the business world, but anyone who faces adversity and dreams of building something great from scratch.
