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Rahul Patel of Sintex ranked amongst top four CEOs in India
Mar '09
Mr Rahul Patel, MD, Sintex Industries
Mr Rahul Patel, MD, Sintex Industries
Mr Rahul Patel, Managing Director of the multifaceted Sintex Industries, with a turnover of Rs 23.34 billion, with interests in textiles and a leadership in plastic tanks has been ranked at fourth place in the ranking for creation of value from amongst all sectors, in a survey conducted by a reputed magazine 'Business World' to pick “India's Most Valuable CEOs”.

Mr Patel has been ranked fourth in creating value for his company from amidst 79 illustrious top guns and honchos from across all sectors in the country and is preceded by Mr Dilip Sanghvi of Sun Pharmaceuticals, Glenn Saldhana of Glenmark Pharmaceuticals and Mr Ramnathan of Exide Industries in the first, second and third place, respectively.

Mr Patel joined the family owned business in 1983 and was appointed as whole time director in 1994 and was mainly concentrating on devising strategies to increase the export business of the company's textile division. He has continuously upgraded the product mix and technology in the organization to match the global needs.

Mr Rahul Patel, who has a Masters in Business Administration from the US, was appointed as a Managing Director of Sintex Industries in 2004 and is credited with changing the company into a multinational, multi product and diversified company and under whose stewardship, turnover of Sintex Industries has risen five folds since he took over as Managing Director.

Since 2004, Sintex has made six major overseas tie-ups with reputed plastic manufacturers like Wausaukee Composites Inc, USA, Nero Plastic Inc, USA, Nief Plastic, France, etc. He is also credited in playing a key role in the acquisition of Zeppelin Mobile System India Ltd, which is a leading BT Shelter Manufacturing company in May 2006.

Fibre2fashion News Desk - India

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