Onkar Kanwar

Onkar Singh Kanwar
Born Onkar Singh Kanwar
1942/1943 (age 73–74)[1]
Sialkot (Now in Pakistan)
Residence Delhi, India
Nationality Indian
Alma mater California State University
Known for Chairman and CEO, Apollo Tyres
Net worth US$417.1 million (2015)[2]
Religion Sikh
Spouse(s) Taru Kanwar
Children 3 - Shalini, Raaja and Neeraj
Parent(s) Raunaq Singh
Satwant Kaur

Onkar Singh Kanwar (born 1942/43) is an Indian businessman, the founder, chairman and CEO of Apollo Tyres.

Career

Kanwar has grown Apollo Tyres from a small single plant Indian company into a multinational with six plants worldwide, and annual revenues in excess of US$2 billion.

In June 2013, it was reported that Apollo Tyres would buy US-based Cooper Tire & Rubber Company for about $2.5 billion in a deal that would make it the world's seventh-largest tyre maker,[1] but the takeover collapsed after legal battles.[3]

Kanwar also owns specialty hospitals under the Artemis brand in northern India.[4]

Personal life

Kanwar is married with three children and lives in Delhi.[4] His eldest child is his daughter Shalini who lives in Singapore. His elder son Raaja runs a clutch of businesses in the logistics and international trading space, and his younger son Neeraj is Apollo Tyres vice-chairman and managing director.[4]

References

  1. 1 2 "The Quiet Rise Of Onkar Kanwar, The New Owner Of Cooper Tires". Forbes. 2013-06-13. Retrieved 2016-04-07.
  2. "List of Public Companies Worldwide, Letter - Businessweek - Businessweek". Bloomberg. Retrieved 2016-04-07.
  3. "Apollo Tyres' Neeraj Kanwar goes back to the drawing board". Livemint. 2014-03-03. Retrieved 2016-04-07.
  4. 1 2 3 "Onkar Kanwar". Forbes. Retrieved 2016-04-07.
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