IN THE HEART of Mumbai's bustling cityscape, 57-year-old Kushal Narendra Desai's influence reverberates far beyond the confines of his office in APAR House, nestled in Chembur.
Dressed in a crisp business suit radiating quiet strength, Desai powers APAR Industries' empire, which is spread across 140 countries. His demeanour may be soft-spoken and his presence unassuming, but his impact on the nation's infrastructure is considerable. Through the manufacturing of cables, industrial lubricants, specialty oils, and conductors, his firm is perhaps the silent force behind the grand edifices and sprawling projects that define the landscape.
"When one looks at a fancy-looking building, people appreciate the external things like the glass and signage. Our products are all hidden, but we do the bricks, the steel, and the network without which the building can't stand," says Desai, Chairman & MD of APAR Industries, who is a third-generation businessman at the company founded in 1958 by his grandfather, Dharamsinh D. Desai.
Desai, who runs the company with his brother Chaitanya, who is the MD, likes to stay true to his company's name, which translates to 'limitless' in Sanskrit. "I firmly believe that we work on tomorrow's solutions today. That's what makes us limitless. There's always been a need to think out of the box," he says.
That thinking has helped it become the largest global manufacturer of aluminium and alloy conductors and the third-largest manufacturer of transformer oils. It has blockbuster projects like the INS Vikrant, India's first indigenous aircraft carrier, to its credit. It is also the largest supplier of cables for the flagship Vande Bharat trains and accounts for nearly 98% of the cables used in them.
This story is from the March 17, 2024 edition of Business Today India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 17, 2024 edition of Business Today India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
"Focus on the challenge of each customer"
SHASHANK KUMAR MD & CO-FOUNDER I RAZORPAY Razorpay is India's first full-stack financial solutions company
PEDAL ON THE FUTURE
THE MG WINDSOR EV, WITH ITS FUTURISTIC AND MINIMALIST DESIGN, COMBINES THE BEST OF BOTH WORLDS-COMFORT AND TECHNOLOGY
BREATHE EASY
Whether you're battling allergies, looking to remove pollutants, or simply want to breathe easier, the right air purifier can make a difference
The Taste of India in a Glass
FROM ROYAL LIQUEURS TO DISTILLED MAHUA, INDIAN HERITAGE ALCOHOLIC BEVERAGES ARE HAVING THEIR DAY IN THE SUN
LOOK BEFORE YOU LEAP
IN 2025, INVESTORS WILL NEED TO FACTOR IN VOLATILITY ACROSS ASSET CLASSES
MISSING ADVISORS
INDIA HAS JUST ONE INVESTMENT ADVISOR FOR NEARLY EVERY 200,000 INVESTORS. AT A TIME WHEN RETAIL PARTICIPATION IN THE STOCK MARKETS IS BOOMING, THIS ASSUMES SIGNIFICANCE
TURNING A CORNER
SHARED ELECTRIC MOBILITY START-UP YULU'S SHIFT TO SERVICING THE QUICK COMMERCE SECTOR IS HELPING IT GROW FAST. IT IS NOW FOCUSSING ON IMPROVING ROAD SAFETY FEATURES AS IT TURNS EBITDA POSITIVE
REALITY CHECK
INDIAN STOCK MARKETS PLUNGED BEGINNING OCTOBER FOR A HOST OF REASONS, INCLUDING A FALL IN FII OWNERSHIP. HOW DEEP WILL THE CORRECTION BE?
TRUMP'S TRADE TANGO
The return of Donald Trump as the 47th President of the US has put the global economy on edge. India, too, is unlikely to remain unaffected. How will policymakers meet this latest challenge?
"The essence of the Trump administration will be transactional”
Global investor, analyst, and best-selling author Ruchir Sharma decodes why Donald Trump won the elections, what India should do, the risks, and more