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Achal Bakeri – Billionaire

Achal Bakeri (born 1960) is an Indian entrepreneur and founder, chairman and managing director of Symphony Limited, the world’s largest air-cooler manufacturing company.

Early life and education

He was born in Bombay, Maharashtra, to father Anil Bakeri, a real estate businessman, and mother Hansabahen.

Bakeri completed his diploma in architecture from CEPT University, located in Ahmedabad, and a Master of Business Administration in the United States from the University of Southern California, located in Los Angeles, California.

Career

He returned to India and started working with his father’s real estate business in Ahmedabad.

Symphony

In February 1988, Bakeri started Symphony Limited in Ahmedabad with a seed capital of INR 100,000. The company was about to go bankrupt in 2002, but was revived as world’s largest air-cooler manufacturing company.

Awards and recognitions

Bakeri is the recipient of awards including:

  • Rotary International Entrepreneur of the year 1992
  • India Young Business Achiever Award 1995
  • Finalist World Young Business Achiever in London
  • EY Entrepreneur of year Award 2014 Finalist
  • Forbes List of Billionaires 2015

Associations

Bakeri also serves as a director of Symphony, Symphony Designer Properties, Bakeri Engineering & Infrastructure, Harmony Holdings, Oras Investments, Paratam Investments and Bakeri Urban Development.

Source:wikipedia

 

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