Kunwer Sachdev

Kunwer Sachdev

Kunwer Sachdev
Born 16 November 1962 (1962-11-16) (age 54)
Delhi, India
Residence Gurgaon
Nationality Indian
Occupation Founder & Managing director of Su-kam Power Systems
Religion Hindu
Spouse(s) Khushboo Sachdev [1]
Children Kanav Sachdeva and Shourrya Sachdeva
Website Kunwer Sachdev

Kunwer Sachdev [2](born 16 November 1962) is an Indian entrepreneur[3] who is the founder and Managing Director of Su-kam Power Systems Ltd,[4] an India-based power solutions provider, and a technology and innovation driven company. He founded Su-Kam in 1988 and today it is a globally renowned company with its presence in 71 countries [5] through product innovation, design sensibility and sales distribution network.[6] According to a report published in Hurun News, Kunwer Sachdev's net worth is Rs. 2300 crore or 380 million USD.[7]

Kunwer Sachdev lit up millions of homes in the country during power outages,[8] and today Su-Kam is a leading manufacturer of intelligent power backup solutions, engineered to be energy-efficient and environment-friendly.[9] He has led Su-Kam from a modest background to a Rs 1,100 crore managed company [10] in a relatively short span of time. Under his guidance, Su-Kam has ventured into manufacturing eco-friendly solar solutions.[11]

Early life

Kunwer Sachdev was born in a middle-class family on 16 November 1962. He studied in a government school in Punjabi Bagh in Delhi. He was one of the three sons of a section officer in the Indian Railways. His brother started a small business of selling writing instruments, and Sachdev helped him in his business since he was in standard 10. In a conversation with Times of India, Kunwer Sachdev said that he always knew he would be an entrepreneur, so he did not focus on his studies, yet he finished his graduation in statistics from Hindu College, and LLB from Delhi University.[4][12][13][14]

Coverage in books and TV shows

Books

Kunwer Sachdev's rags to riches journey has been featured in the book 'Connect the Dots' by bestselling author Rashmi Bansal. The book explores the life story of 20 self-made Indian entrepreneurs who rose from modest backgrounds, without any formal business training, to create successful businesses.[15]

Porus Munshi's book 'Making Breakthrough Innovations Happen: How 11 Indians Pulled Off the Impossible' covers Kunwer Sachdev's company Su-Kam's innovations which created the inverter industry in India.[16]

TV shows

Renowned Indian journalist Richa Anirudh interviewed Kunwer Sachdev during IBN Khabar's show Zindagi Live. The show focused on how sachdev made 600 crores from scratch.[17]

He was also interviewed for ET Now's show Tee Time where he talked about his success mantra.[18]

Awards

Kunwer Sachdeva has been awarded ‘Entrepreneur of the Year 2011’ at Entrepreneur India awards. According to EFY times, the award recognizes achievers, innovators for contributing to the development of entrepreneurship in India.[19]

References

  1. "Kunwer Sachdeva, MD, Su-Kam".
  2. "Kunwer Sachdeva, Founder and MD, Su-Kam". India Infoline. 3 Jan 2015.
  3. Srikar Muthyala (29 September 2015). "The List of Great Entrepreneurs of India in 2015". MyBTechLife.
  4. 1 2 "Kunwer Sachdeva, CEO of Su-Kam, speaks to HT – Hindustan Times". Hindustan Times. 12 May 2013.
  5. "The 'Millionaire' City: Rising India, leaping Gurgaon – Hindustan Times". Hindustan Times. 10 May 2013.
  6. "The 'The power economy – India Today". India Today. 8 Dec 2008.
  7. "Hurun India Rich List 2014". Hurun News. 17 September 2014.
  8. "The 'Dark horse – Money Today". India Today Group. 28 Dec 2006.
  9. "Su-Kam hit the charts in residential solar market-Bridge to India reports". ELE Times. 27 November 2014.
  10. "Top 15 UPS system and inverter manufacturers in India – ElectronicsB2B". ElectronicsB2B. 23 April 2014.
  11. "The 'Su-Kam to buy solar panel firm; deal by March-end – Business Line". Business Line. 3 Dec 2013.
  12. Sujit John (19 March 2011). "Inverting Power Cuts". Times of India.
  13. "Why Su-Kam is looking up to the sun". Forbes (India). 11 Dec 2014.
  14. "Kalam inaugurates mini solar plant in Dimple Yadav's constituency". Business Standard. 7 July 2015.
  15. "These entrepreneurs didn't need an MBA". Daily News and Analysis. 13 June 2010.
  16. Munshi, P. (2009). Making Breakthrough Innovation Happen: How Eleven Indians Pulled Off the Impossible. Collins Business. ISBN 9788172237745.
  17. "Rags to Riches Part 4". 24 July 2012.
  18. "TeeTime: In conversation with Kunwer Sachdev, MD, Su-Kam Power Systems". 29 November 2013.
  19. "Kunwer Sachdev Wins Entrepreneur Of The Year Award". Electronics for You. 19 July 2011.
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