Onkar S Kanwar
Rank: No 11
Company: Apollo Tyres Limited
Designation: Chairman and managing director
Compensation: Rs 15.53 crore (Rs 155.3 million)
Apollo Tyres market cap: Rs 837.61 crore (Rs 8.38 billion)
About: Kanwar has successfully led Apollo Tyres (he inherited the initial business from his father Raunaq Singh) for over 27 years. Under his leadership, Apollo witnessed a turnaround and emerged as a market leader.
Kanwar plays a pivotal role in the company's operations and articulation of its business philosophy. Today, Apollo is a professionally-run and competitive Indian tyre manufacturer. Innovation, quality and exclusivity are Kanwar's guiding principals, which have helped the company achieve pioneering initiatives.
Kanwar is a former member of the Government of India's National Manufacturing Competitiveness Council. He is a past president of the Federation of Indian Chambers of Commerce & Industry, International Chamber of Commerce, Automotive Tyre Manufacturers' Association and former director, Export Credit Guarantee Corporation of India and of the Kerala State Industrial Corporation.
Image: Onkar S Kanwar with Prime Minister Manmohan Singh | Photograph: Ranjan Basu/Saab Pictures
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