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Achal Bakeri

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Achal Bakeri
Born1960 (age 63–64)
Alma materCEPT University
University of Southern California
OccupationBusinessman

Achal Bakeri (born 1960)[citation needed] is an Indian entrepreneur and founder, chairman and managing director of Symphony Limited, the world's largest air-cooler manufacturing company.[1]

Early life and education

He was born in Bombay, Maharashtra, to father Anil Bakeri, a real estate businessman, and mother Hansabahen.[2]

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.[3]

Career

He returned to India and started working with his father's real estate business in Ahmedabad.[3]

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.[4]

Awards and recognitions

Bakeri is the recipient of awards including:

  • Rotary International Entrepreneur of the year 1992[5]
  • India Young Business Achiever Award 1995
  • Finalist World Young Business Achiever in London
  • EY Entrepreneur of year Award 2014 Finalist[6]
  • Forbes List of Billionaires 2015[7]

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.[8]

Personal life

Bakeri has a brother, Paavan, and a sister, Pawani. Paavan[clarification needed] is involved with his father real estate business.

See also

References

  1. ^ "Symphony's Achal Bakeri on How to Make Your Company Great". Forbes India. 9 August 2012. Retrieved 16 June 2015. {{cite news}}: Unknown parameter |authors= ignored (help)
  2. ^ Trivedy, Ketan (undated). "Jewels of India: Anil Bakeri" (PDF). Chitralekha. Retrieved 16 June 2015.
  3. ^ a b Vyas, Jwalit (26 April 2014). "India's Biggest Value Creators: Achal Bakeri's Net Worth Jumps from Rs 2 Cr to Rs 2k Cr in Just a Decade". The Economic Times. Retrieved 3 March 2015.
  4. ^ Shanbaug, Amit (28 May 2012). "Selling Coolers: How Achal Bakeri Made 'Symphony' into a Rs 300 Crore Business". The Economic Times. Retrieved 16 June 2015.
  5. ^ Staff (undated). "Achal Bakeri". Brand Owner's Summit. Retrieved 16 June 2015.
  6. ^ Staff (undated). "EOY 2014 Finalists – Innovative Game Changers". EY. Retrieved 16 June 2015.
  7. ^ Staff (undated). "Achal Bakeri". Forbes. Retrieved 16 June 2015.
  8. ^ Database (undated). "Achal Anil Bakeri MBA". BloombergBusiness. Retrieved 16 June 2015.