WIRED FOR SUCCESS

DRIVEN BY INNOVATION AND AUTOMATION, INDER T. JAISINGHANI HAS TURNED POLYCAB INTO INDIA'S TOP WIRE & CABLE MAKER.

- BY CHITRANJAN KUMAR

FROM THE congested Lohar Chawl, the century-old hub for electrical goods in south Mumbai, to the 21st floor of The Ruby in Dadar, Inder T. Jaisinghani's journey has been remarkable. More so because Jaisinghani, the chairman and MD of Polycab India Ltd, which is today India's largest manufacturer of wires and cables, had to take charge of his family store at 15 after his father's sudden death.

Jaisinghani, the eldest of five siblings, transformed the small family-run trading venture into a ₹22,408-crore company whose cables deliver electricity to factories and homes, in which its wires power the LED lights and fans that it makes.

"Losing my father early meant stepping into enormous responsibility at a very young age. It shaped my leadership in profound ways—teaching me resilience, humility, and the importance of hard work," recalls the billionaire, who turned 72 in March this year. Jaisinghani lost his father just four years after Sind Electric Stores was set up to sell electrical goods.

The young entrepreneur's instinct For business, coupled with his relentless work ethic, soon transformed adversity into opportunity. By the late 1980s, Polycab had taken its first major leap—from trading to manufacturing—with the opening of a plant in Daman. The shop became a sprawling manufacturing business, a serious player making cables, wires, and electrical products, quietly building scale and reputation.

Asked what keeps him motivated after decades at the helm, he smiles: “Every milestone reminds me where we started. I owe it to my team, our partners, and our customers to keep pushing the boundaries.”