Achal Bakeri
Manufacturing

Achal Bakeri Net Worth

1 year from now

Achal Bakeri is a successful businessman from Ahmedabad, India. He started his own manufacturing business in 1988 with a loan of $1,500 from his father. His company, Symphony, is now the world's largest producer of air coolers, selling 1.2 million units annually in 60 countries. Symphony air coolers are used in a variety of places, from Heathrow airport to Wal-Mart stores and temples in India. Symphony also owns Munters Keruilai, a Swedish-Chinese joint venture, which gives it a foothold in China and the Asean region. In addition, Achal Bakeri has a share in the family's real estate holdings in and around Ahmedabad city.
Achal Bakeri is a member of Manufacturing

Age, Biography and Wiki

Birth Place Ahmedabad, India, India
Alma mater CEPT University University of Southern California
Occupation Businessman

💰 Net worth: $1 Billion (2024)

Achal Bakeri, a well-known figure in the manufacturing industry in India, is expected to reach a net worth of $1 billion by 2024. With a distinguished career in the manufacturing sector, Bakeri has played a pivotal role in the growth and success of his company. As the leader and key driving force behind his business, he has demonstrated exceptional business acumen and an unwavering commitment to quality and innovation. Through his relentless efforts, Bakeri has not only propelled his company to great heights but has also accumulated substantial wealth, cementing his position as one of the prominent figures in the Indian manufacturing space.

2015 $1.05 Billion
2016 $1.1 Billion
2017 $1.3 Billion
2018 $1.72 Billion

Biography/Timeline

1988

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.In February 2017 Symphony launched air cooler with multiple features like touch screen, voice assist, mosquito repellent.

Tags 20th-century Indian businesspeople 21st-century Indian businesspeople Chief executives in the manufacturing industry Businesspeople from Ahmedabad Indian billionaires Indian chairmen of corporations Indian company founders Indian expatriates in the United States Indian industrialists Living people Manufacturing in India Technology company founders Marshall School of Business alumni

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.