Meet man whose first business flopped, then joined hands with Salman Khan and became billionaire with Rs 28000 crore net worth, his business is…
GH News December 25, 2024 12:06 AM
India has 200 billionaires according to a report published in 2024. Reliance Industries chairman Mukesh Ambani tops the list of billionaires in India. Sandeep Engineer has also made the cut. Sandeep Engineer is chairman and managing director of Astral Limited.
Sandeep’s company manufactures polymer piping systems for domestic and industrial use. According to Forbes Sandeep has a net worth of Rs 28000 crore and the company’s market value is much greater than his net worth.
Sandeep Engineer started Astral Pipes Limited from his hometown Ahmedabad in 1996. Sandeep’s company is known for CPVC piping. Before his venture into business he was working as a project engineer in a pharmaceutical company. Later he quit the job and started working as a distributor of Isabgol. But he did not yield good results. He also took guidance from experienced billionaire Pankaj Patel while working for Active Pharmaceutical.
He gave preference to plastic pipes over metal pipes. In 2010 Sandeep’s sons Kairav and Saumya played an important role in flourishing the business while facing all challenges. In 2010 Sandeep’s company product was shown in Salman Khan’s Dabangg. The company witnessed a splendid growth in sales after it was shown in the flick. Actor Ranveer Singh also backed this product.
According to Financial Express Sandeep Engineer completed his primary education in Ahmedabad. He attended Ahmedabad’s Lalbhai Dalpatbhai Engineering College and earned his graduation degree in chemical engineering. Sandeep was named for the first time in the list of billionaires in 2019.