From Dropout to Billionaire: Inder Jaisinghani's Polycab Outpaces Havells

Business
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News18•08-12-2025, 12:27
From Dropout to Billionaire: Inder Jaisinghani's Polycab Outpaces Havells
- •Inder Jaisinghani, a school dropout, founded Polycab in 1968, starting from a small garage to manufacture electrical cables.
- •Polycab expanded its product range beyond cables to include switches, LED lights, fans, and solar products.
- •The company's market capitalization reached over Rs 1,07,864.97 crore by August 2025, surpassing competitor Havells.
- •Inder Jaisinghani's net worth is estimated at $8.6 billion, reflecting Polycab's significant growth since its 2019 listing.
- •Polycab operates 27 manufacturing plants in India and exports products to over 84 countries.
Why It Matters: It shows how a school dropout built a multi-billion dollar empire through sheer will.
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