Sanjay Kirloskar

Sanjay Kirloskar
Born (1957-03-22) 22 March 1957
Nagpur, India
Nationality Indian
Alma mater Illinois Institute of Technology
Occupation Chairman & MD Kirloskar Brothers Ltd
Salary Rs275 million[1]
Net worth

Increase $1.5 billion USD,

Spouse(s) Pratima Kirloskar
Children Alok Kirloskar
Rama Kirloskar
Parents
  • Chandrakant Kirloskar (father)
  • Sumantai Kirloskar (mother)

Sanjay Kirloskar is an Indian industrialist and the chairman of the Kirloskar Brothers Ltd (a Kirloskar Group company), one of the largest conglomerate corporations in India.[2] He is also the Vice President of All India Management Association.[3]

He has led Kirloskar Brothers Ltd to become India's largest pump manufacturer, which produces centrifugal pumps from 0.1 kW to 26 MW.[4][5]

Early life

Sanjay Kirloskar is the son of Chandrakant Kirloskar and the grandson of Shantanurao Laxmanrao Kirloskar.He graduated with a Bachelor of Science degree in Mechanical Engineering from the Illinois Institute of Technology, Chicago in 1978.[6]

Career

Kirloskar Brothers acquired SPP Pumps (UK), in 2002 and then Aban Construction, one of India's leading construction companies in 2006, followed by The Kolhapur Steels limited in 2007 and Braybar Pumps Ltd (South Africa) in 2010, Syncroflo Inc (USA) in 2014 and Rodelta Pumps International B.V. (The Netherlands) in 2015. For the last 5 years Kirloskar Brothers has shown an average RONW (Return on Net Worth) of 32%.[7][8][9]

Kirloskar Brothers Ltd received the ASME N-STAMP in 2012 and is the first Indian company in rotating equipment to receive this as well as amongst a few companies in the world to have this accreditation.[10]

Mr. Sanjay Kirloskar also setup the all women operated and managed manufacturing plant of Kirloskar Brothers Ltd at Coimbatore as part of a drive to have more women in the core engineering industry. Coimbatore is the second largest metropolitan city of state Tamil Nadu in India.[11][12] Today Kirloskar Brothers is India's largest Pump& Valve manufacturer and one of the World's largest Pump manufacturer's by market capitalization.

References

  1. ↑ "Top Grossers" (pdf). Business Standard. Retrieved 2006-11-05. Year 2006 compensation: salary INR 72,000,000, bonus INR 207,200,000.
  2. ↑ "'Domestic pump manufacturers should be given fair opportunity'". The Hindu. Retrieved 8 December 2017.
  3. ↑ Mr. Sanjay Kirloskar Vice President AIMA
  4. ↑ "Kirloskar Brothers supplies the largest splitcase pump in India". WorldPumps.com. 8 March 2011.
  5. ↑ "Kirloskar Brothers commissions India's largest concrete volute pumps". WorldPumps.com. 12 April 2011.
  6. ↑ "Sanjay Kirloskar Biography". World Resource Institute, India.
  7. ↑ Top 20 Wealth Creators from 2002 to 2011
  8. ↑ Kirloskar Brothers No. 18 in BusinessWeek's ranking of Asia's Hot Growth Companies
  9. ↑ Kirloskar Brothers Stock Recommendation
  10. ↑
  11. ↑ Kirloskar Brothers changing gender dynamics
  12. ↑ Kirloskar Brothers Ltd produces a pump every 20 seconds at it all women plant
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