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Inder Jaisinghani Success Story: Inder Jayasinghani was born in Chawl, Mumbai. When the father passed by at the age of 15, he had to leave school. Then formed a small company, which later became so much that today the market cap of Havels is less than it.
This success story is of Inder Jaisinghani. He was born in Lohar Chawl in Mumbai. Growing up in an ordinary family. Due to the responsibilities of the house, he had to leave his studies at the age of 15. Despite financial troubles and less means, he decided to fulfill his dreams on the strength of hard work and courage.
In the year 1968, he started the polycab company with his brothers. He started this work with a small garage. Initially the company used to make electrical cables and wire (wire) and only limited capital and means were used for this.
The beginning was not easy. Problems of lack of money, market competition and resources were always revealed. But Jaisinghani focused on quality and gradually made his mark in local markets.
Over time, polycabs expanded their products. Today, this company makes many items like not only cables and wires, but also switch, LED lights, fans, solar products and switchgear, which are demanded in different areas.
In 2008, the World Bank’s Equity Firm International Finance Corporation, which invests in companies present in the stock market, bought a stake in the polyicab.
Today, the market value of Polycab India has increased considerably. By 19 August 2025, its market capitation reached Rs 1,07,864.97 crore. In 2019, when the company was listed in the stock market, its value has increased rapidly since. Till this date, the market cap of Havells was Rs 98,251.89 crore.
According to Forbes India, 72 -year -old Inder Jaisinghani has a total assets of about 8.6 billion (about Rs 75,000 crore). In the year 2022 it was just $ 3.35 billion. In personal life, they give importance to simplicity and hard work. They prefer to live a simple life privately and are completely devoted to their family. They believe that morality and quality are the real key to success for a long time.
He also made a big contribution in pursuing polycabs technically. Modern manufacturing units and research centers were built, which made the quality and functionality of the products even better.
There are 27 manufacturing plants of Polycab India, which are spread in different parts of India. The company exports its products to more than 84 countries, including cables and wisters for areas such as solar, electronics, defense, infra and real estate.
