Sunil Chordia Biography 2025
Sunil Chordia is a renowned Indian businessman and entrepreneur, best known for being the Chairman and Managing Director of Rajratan Global Wire, a leading manufacturer of steel wires based in Madhya Pradesh, India. With over three decades of experience in the steel industry, Chordia has played a pivotal role in transforming Rajratan Global Wire into a globally recognized brand.
Early Life and Education
Sunil Chordia was born and raised in Indore, Madhya Pradesh, and joined his family steel trading business after completing his education at Indore University, now known as Devi Ahilya Vishwavidyalaya.
Family business
- Family background: Born 05-09-1963, Chordia’s father was involved in the iron and steel trading business in Indore.
- Early ambition: Chordia initially aspired to become an engineer.
- Entry into the business: In the late 1980s, he joined the family business as “an obedient son“.
- Founding of Rajratan: In 1988, the family incorporated a new company named “Rajratan,” an acronym based on Chordia grandfather and younger brother’s names. In 1991, this new venture, Rajratan Wires, began producing prestressed concrete wires and strands.
Education
Postgraduate degree: He followed this with a three-year Master of Business Administration (MBA) in Finance from Indore University, which he completed in 1987.
Undergraduate degree: He earned a Bachelor of Science (BSc) from Indore University.
Career and Achievements
Rajratan Global Wire: Chordia has been instrumental in the company’s growth and success, leading it to become one of the top manufacturers of tyre bead wires in India with a market share of around 42-50%. The company has expanded its operations to over 90 countries, with a strong presence in Europe, North America, and Asia.
- Leadership Roles: Chordia has held various leadership positions, including Chairman and Managing Director of Rajratan Global Wire, and has been recognized for his entrepreneurial spirit, strategic thinking, and commitment to innovation.
- Awards and Recognition: Under Chordia’s leadership, Rajratan Global Wire has achieved numerous milestones and accolades, including the prestigious EEPC award for top exporter in the engineering sector.
Sunil Chordia Net Worth
Sunil Chordia net worth is estimated to be around $500 million to $750 million, making him one of the wealthiest individuals in Madhya Pradesh.
Business Expansion
Rajratan Global Wire has been expanding its capacity, with plans to increase production by 25% from its installed capacity. The company has also announced new investments, including a Greenfield project in Chennai, which will add 60,000 TPA to its domestic production capacity .
Philanthropy and Social Responsibility
While details about Sunil Chordia’s philanthropic activities are limited, his company, Rajratan Global Wire, has implemented various initiatives to promote sustainable practices, improve production efficiency, and enhance product quality
Rajratan Global Wire Sunil Chordia.
Chordia has played a pivotal role in the success and growth of Rajratan Global Wire. The company, headquartered in Indore, Madhya Pradesh, is recognized for its expertise in manufacturing automotive wires and cables. Under Chordia’s leadership, Rajratan Global Wire has established a strong presence in the global market and has become one of the leading suppliers in its industry.
With an extensive background in business and a deep understanding of the wire and cable sector, Sunil Chordia has steered the company towards innovation and expansion. He has focused on implementing modern manufacturing practices and investing in research and development to ensure the production of high-quality products that meet international standards.
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Chordia’s entrepreneurial vision and strategic decision-making have been instrumental in the company’s growth and success. His commitment to excellence, customer satisfaction, and adaptability to changing market dynamics has enabled Rajratan Global Wire to remain competitive and stay at the forefront of the industry.
Apart from his contributions to the business world, Sunil Chordia is also known for his philanthropic endeavors. He has been involved in various charitable initiatives, with a particular focus on education and healthcare.
BOARD MEMBERSHIPS:
- Rajratan Global Wire LtdSwastika Investmart Ltd
Sunil Chordia’s Family Details
- Son: Yashovardhan Chordia serves as the Deputy Managing Director, CEO, and Director at Rajratan Global Wire Limited. He has worked closely with his father, Sunil Chordia, on corporate strategies and has been involved in the company’s growth.
- Father: Sunil Chordia joined his father’s steel trading business in the late 1980s, laying the groundwork for Rajratan Wires’ establishment in 1988.
- Grandfather and Brother: The company name “Rajratan” originates from Sunil Chordia’s grandfather, Rajmalji, and his younger brother, Ratan Lalji.
Family Involvement in Business
The Chordia family has been instrumental in Rajratan Global Wire’s success. Sunil Chordia’s leadership and vision have driven the company to become a leading manufacturer of steel wires, with a significant presence in India and Thailand. Yashovardhan Chordia’s involvement in the company’s operations has also contributed to its growth and expansion.
Other Chordia Families
There are other prominent Chordia families in India, including:
- Panchshil Realty: Led by Atul Chordia, this family business operates in the real estate sector and has no known connection to Sunil Chordia’s family.
- Chordia Family of Pune: The Panchshil Group, run by this family, is a separate entity with no known ties to Sunil Chordia’s family
FAQs
Q1: Who is Sunil Chordia?
Ans:- Sunil Chordia is a renowned Indian businessman and entrepreneur, serving as the Chairman and Managing Director of Rajratan Global Wire, a leading manufacturer of steel wires based in Madhya Pradesh, India.Q2: What is Sunil Chordia’s net worth?
Ans:- Sunil Chordia’s net worth is estimated to be around $500 million to $750 million, making him one of the wealthiest individuals in Madhya Pradesh.Q3: What company does Sunil Chordia lead?
Ans:- Sunil Chordia leads Rajratan Global Wire, a company that has achieved significant milestones and accolades under his leadership, including the prestigious EEPC award for top exporter in the engineering sector.Q4: What are Sunil Chordia contributions to the steel industry?
Ans:- Sunil Chordia has played a pivotal role in transforming Rajratan Global Wire into a globally recognized brand, with over three decades of experience in the steel industry.Q5: How old is Sunil Chordia?
Ans:- Mr Chordia, is currently 62 years old.Q6: Sunil Chordia Net Worth?
Ans:- Sunil Chordia net worth is estimated to be around $500 million to $750 million.
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