Onkar Kanwar | |
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| Born | March 1942 (age 82) Sialkot, British India (now in Pakistan) |
| Nationality | Indian |
| Education | California State University |
| Occupation | Businessman |
| Known for | Chairman and MD, Apollo Tyres |
| Spouse | Taru Kanwar |
| Children | 3 |
| Parent | Raunaq Singh |
Onkar Kanwar (born March 1942) [1] is an Indian businessman, chairman of Apollo Tyres. He is also the chairman of Artemis Global Life Sciences, PTL Enterprises and Premedium Pharmaceuticals Pvt Ltd. [2]
Onkar Kanwar is the eldest son of Raunaq Singh (1922-2002), the co-founder of Apollo Tyres, and his first wife. [3] [4] [5]
After his undergraduate degree in business administration and industrial engineering, Onkar worked as a salesman in Riverside, California working on estimates for different government contracts for about six months. He then worked for Abbey Etna Machine Company in Perrysburg, Ohio on the shop floor. The president of Etna Company after discussions with the Kanwar family and looking at the perseverance of Onkar invested money to start a new pipe factory in India. [6]
Kanwar has grown Apollo Tyres from a small single-plant Indian company into a multinational with seven plants worldwide, and annual revenues in excess of US$ 3 billion. [7] 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, [8] but the takeover collapsed after legal battles. [9]
Kanwar also owns speciality hospitals under the Artemis brand in northern India. [3]
Kanwar was the president of Federation of Indian Chambers of Commerce & Industry for 2004-05. [10] He is the chairman of the BRICS Business Council, India which was established during the Fifth BRICS Summit held in March 2013 in Durban, South Africa. [11] [12]
Kanwar is the recipient of an Ernst and Young Entrepreneur of the Year Award for India, in the manufacturing category in 2012. [13] In October 2018, Kanwar was awarded ‘Order of Merit’ of Hungary, in recognition of his work towards strengthening Hungarian-Indian economic relations through the company’s investment in Hungary, thereby helping create new jobs in Hungary [14] In November 2018, Kanwar was conferred with Japanese honour 'Order of the Rising Sun', Gold and Silver Star. The honor, awarded by Prime Minister Shinzo Abe in the presence of Emperor Akihito, was in honor of Kanwar’s contributions towards strengthening the economic relations between Japan and India and for promoting Japanese companies’ entry into the Indian market. [15]
Kanwar is married, has three children, and lives in Delhi. [3] His eldest child is his daughter Shalini who lives in Singapore. His elder son Raaja Kanwar, Chairman and Managing Director of Apollo International Limited and Apollo Supply Chain, leads a global conglomerate with diverse businesses in EPC, logistics, automotive components, retail and lifestyle industry and his younger son Neeraj Kanwar is vice-chairman and managing director of Apollo Tyres. [3]
Apollo Tyres Limited is an Indian multinational tyre manufacturing company headquartered in Gurgaon, Haryana. It was incorporated in 1972, and its first plant was commissioned in Perambra in Chalakudy, Kerala. The company now has five manufacturing units in India, one in the Netherlands and one in Hungary. The company generates 69% of its revenues from India, 26% from Europe and 5% from other countries. Apollo announced its entry into the two-wheeler tyre segment with contract manufacturing in March 2016.
Cooper Tire & Rubber Company is an American company that specializes in the design, manufacture, marketing, and sales of replacement automobile and truck tires, and has subsidiaries that specialize in medium truck, motorcycle, and racing tires. With headquarters in Findlay, Ohio, Cooper Tire has 60 manufacturing, sales, distribution, technical, and design facilities within its worldwide family of subsidiary companies, including the UK-based Avon Tyres brand, which produces tires for motorcycles, road cars, and race cars.
Dunlop Tyres is a brand of tyres which is managed by different companies around the world. It was founded by pneumatic tyre pioneer John Boyd Dunlop in Belfast, Ireland, in 1888.
St. Columba's School in Delhi, India, established in 1941, is one of the 12,000 English medium schools of its kind established by the Indian Province of the Congregation of Christian Brothers, which was founded by Edmund Ignatius Rice. The school's campus is located in the heart of Delhi and extends over a couple of acres. St. Columba's School alumni include three Rhodes Scholars, a Pulitzer Prize winner, and a Forbes 30 Under 30 awardee. Students are referred to as Columbans. The school admits only boys.
MRF, or MRF Tyres, is an Indian multinational tyre manufacturing company and the largest manufacturer of tyres in India. It is headquartered in Chennai. The acronym MRF comes from the company's initial days when it was called as Madras Rubber Factory. The company manufactures rubber products including tyres, treads, tubes and conveyor belts, paints and toys. MRF was named the world's second-strongest tyre brand by Brand Finance, with a AAA− brand grade.
Rahul Bajaj was an Indian billionaire businessman. He was the chairman emeritus of the Indian conglomerate Bajaj Group. He was awarded the third-highest civilian award in India, the Padma Bhushan, in 2001.
Tata Sons Pvt. Ltd. is the parent company of the Tata Group and holds the bulk of shareholding in the Tata group of companies including their land holdings across India, tea estates and steel plants and derives its revenue from dividends from these companies and brand loyalty fees. It is a privately owned conglomerate of nearly 100 companies encompassing several primary business sectors, including: chemicals, consumer products, energy, engineering, information systems, materials, and services. Its headquarters are in Mumbai.
Apollo Vredestein B.V. is a Netherlands-based tire manufacturer. Since 2009, it has been owned by Apollo Tyres, Ltd., of India. Apollo Vredestein has its head office in Amsterdam, Netherlands, and its production facility in Enschede. It designs, manufactures, and sells tires under the Apollo and Vredestein brand names through offices in Europe and North America.
CEAT Limited is an Indian multinational tyre manufacturing company owned by the RPG Group. It was established in 1924 in Turin, Italy. It has a presence in global markets. CEAT produces over 165 million tyres a year and manufactures tyres for passenger cars, two-wheelers, trucks and buses, light commercial vehicles, earth-movers, forklifts, tractors, trailers, and auto-rickshaws. The current capacity of CEAT tyres' plants is over 800 tonnes per day.
Dunlop Ltd. was a British multinational company involved in the manufacture of various natural rubber goods. Its business was founded in 1889 by Harvey du Cros and he involved John Boyd Dunlop who had re-invented and developed the first pneumatic tyre. It was one of the first multinationals, and under du Cros and, after him, under Eric Geddes, grew to be one of the largest British industrial companies. J. B. Dunlop had dropped any ties to it well before his name was used for any part of the business. The business and manufactory was founded in Upper Stephen Street, Dublin. A plaque marks the site, which is now part of the head office of the Irish multinational departments store brand, Dunnes Stores.
The Rama Prasad Goenka Group, commonly known as RPG Group, is an Indian industrial and services conglomerate headquartered in Mumbai, Maharashtra. The roots of the RPG Group can be traced back to the enterprise of Ramdutt Goenka in 1820. RPG Enterprises was established in 1979 by Rama Prasad Goenka and initially comprised the Phillips Carbon Black, Asian Cables, Agarpara Jute, and Murphy India companies. R. P. Goenka held the title of Chairman Emeritus until his death in 2013. The present chairman is Harsh Goenka, R. P. Goenka‘s eldest son.
Neeraj Roy is an Indian businessman. He is the managing director and CEO of Hungama Digital Media Entertainment, which owns Hungama.com and Bollywood Hungama, and managing director of ArtistAloud.com. Under his leadership, Hungama today is South Asia's largest digital and mobile entertainment company. He is also the chairman of the Asia board of the Mobile Entertainment Forum.
The Economic Times Awards for Corporate Excellence are the awards conferred by The Economic Times in the field of business, corporate and government policies, economies in India. It is an annual awards, conferred in various categories. Since 2017, Deloitte Touche Tohmatsu India LLP (Deloitte) has been the title sponsor of the awards. The 2018 leg of the awards will be held on 22 November in Mumbai.
SRF Limited is an Indian multi-business chemicals conglomerate engaged in the manufacturing of industrial and specialty intermediates. The company’s business portfolio covers fluorochemicals, specialty chemicals, packaging films, technical textiles, coated and laminated fabrics. It has a workforce of more than 8,000 employees across eleven manufacturing plants in India Thailand, South Africa and Hungary. The company exports to more than 90 countries.
Cyrus Pallonji Mistry was an Indian born Irish businessman. He was the chairman of the Tata Group, an Indian business conglomerate, from 2012 to 2016. He was the sixth chairman of the group, and only the second not to bear the surname Tata. In mid-2012, he was chosen by a selection panel to head the Tata Group and took charge in December that year. In October 2016, the board of Tata Group's holding company, Tata Sons, voted to remove Mistry from the post of chairman. Former chairman Ratan Tata then returned as interim chairman, and Natarajan Chandrasekaran was named as the new chairman a few months later. However, in December 2019, the National Company Law Appellate Tribunal (NCLAT) declared the appointment of Chandrasekaran as executive chairman illegal, and restored Mistry. However, the Supreme Court stayed NCLAT's order on 10 January 2020. Mistry had filed a cross-appeal in the court, seeking explanations for anomalies in the NCLAT. However, the Supreme Court upheld his dismissal.
Dr Kanwar Deep Singh, also known as K. D. Singh, is an Indian businessman turned politician and Member of Parliament (MP), Rajya Sabha representing the All India Trinamool Congress, but first elected to the Indian parliament as a nominee of the Jharkhand Mukti Morcha. He is the founder and the former chairman of the Indian business group called Turbo Industries, whose name was changed and rebranded as the Alchemist Group in 2004. He was elected to lead the Indian Hockey Federation (IHF) between 2013 and 2014.
UFO Moviez India Limited is an Indian digital cinema distribution network and an in-cinema advertising platform. It operates a satellite-based digital cinema distribution network using its UFO-M4 platform and D-Cinema network. UFO Moviez is a company in the business of electronic delivery of digitized full-length feature films and content in theatres via satellite. UFO has also contributed to the revival of single screen cinemas in India and its secure technology has substantially reduced Piracy. UFO has ensured that audiences have ‘day of release’ access to films everywhere. UFO Moviez claimed to have released more than 11,000 films in 22 languages, on its UFO M4-Platform & DCI Network and has conducted over 21 million shows.
Neeraj Kanwar is an Indian businessman. He is the vice chairman and managing director of Apollo Tyres.
The Singhania family is a prominent Indian business family, that started out in the Indian city of Kanpur. The family expanded into three major branches and is currently based out of Kanpur, Mumbai and Delhi. JK Organisation founded by Lala Kamlapat Singhania is one of the largest conglomerates in India today, with multiple million and billion dollar companies under its belt. The family owns majority stakes in several publicly listed companies such as JK Tyre, JK Cement, JK Lakshmi Cement, JK Paper, Jaykay Enterprises, JK Agri Genetics and JK Dairy. Some privately held companies in the family are Raymond Group, J.K. Ansell, JK Technosoft, JK Fenner, JK Insurance brokers and Global Strategic Technologies.
Raaja Kanwar is an Indian businessman. He co-founded UFO Moviez and is the chairman and managing director, Apollo International Group. He Is one of the influential personality and also recognised among the top three CEO and founders of companies in India.
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