Inder Jaisinghani
$2.2B
Born
Mar 29, 1953
Age
72
Source of Wealth
Cables & wires
Residence
Mumbai,
Citizenship
India
Marital Status
Married
Children
2
Education
- Inder Jaisinghani runs Polycab India, which makes electrical wires and cables. He started the company as a trading firm in 1986.
- International Finance Corporation, the private equity arm of the World Bank, picked up a stake in the company in 2008.
- In 2014, Polycab expanded into making products such as electric fans, LED lighting, switches and switchgear.
- The company went public in 2019.
- The stock got a boost in 2022 from increasing electrification and an uptick in spending in the power sector.
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