Meet man who quit school due to poverty, started business from chawl, now runs Rs 79000 crore company, his business is.. - News Summed Up

Meet man who quit school due to poverty, started business from chawl, now runs Rs 79000 crore company, his business is..


Billionaire Inder Jaisinghani is a living example of patience, struggle and determination, who established a company worth Rs 79,700 crore after overcoming adversities. Not many people are aware that Inder Jaisinghani inherited charge of the tiny electrical store his father had established in Mumbai's Lohar Chawl. Initially experimenting with wire production in a small garage, they later established a production unit in Gujarat. Starting with the manufacturing of PVC insulated wires and cables, Polycab soon expanded its production to various types of cables, including power cables, control cables, building wires, and communication cables. In 2019, Inder Jaisinghani took Polycab public, listing it on the stock market.


Source: dna December 26, 2023 22:10 UTC



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