Portrait of Chaitanya Desai

Rank #2467

Chaitanya Desai

Net worth $1.6B

Electric cables · India

Born
Jul 15, 1971
Age
54
Source
Electric cables
Residence
Mumbai
Citizenship
India
Marital status
Married
Children
2
Education
Bachelor of Science in Engineering, The University of Pennsylvania; Bachelor of Arts/Economics, The Wharton School at the University of Pennsylvania

Net worth over time

Biography

  • Chaitanya Desai is the managing director of Mumbai-based Apar Industries.
  • The 68-year-old company manufactures conductors, electric cables, speciality oils, polymers and lubricants.
  • His older brother Kushal is chairman and managing director of Apar Industries.
  • Apar was originally called Power Cables when it was set up in 1958 by his late father Dharamsinh Desai.
  • His mother Maithili Desai hails from the Mafatlal family, an old textile clan in Mumbai.

Financial assets

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