Meet Sandeep Engineer, chairman and MD of Astral Limited – He is one of richest Indians with Rs 31730 crore net worth: Know about his career and journey

May 15, 2024

Anita Santosh

Starting his career as a Project Engineer in a pharmaceutical company, Sandeep Engineer is now one of the richest Indians with a real-time net worth of Rs 31730 crore, according to Forbes.

Sandeep Engineer, a first-generation entrepreneur and industrialist based in Ahmedabad, is the founder, chairman, and Managing Director of Astral Limited.

As of May 14, Astral Limited boasts a market capitalization of Rs 59607 crore, making it one of India’s fastest-growing building materials companies.

A chemical engineer by training, Sandeep initially started his career in the pharmaceutical industry in 1987. After eight years in the pharma sector, he decided to diversify and venture into polymer processing.

Today, Astral Limited not only manufactures CPVC piping but also produces adhesives and sealants, broadening its product range and market reach.

In 1998, Astral Limited made history by introducing CPVC piping to India. This innovation significantly boosted the company’s sales, especially after Bollywood actor Salman Khan became its brand ambassador.

Sandeep’s success is a family affair, with his two sons, Kairav and Saumya, playing key roles in the business.

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