SME Times is powered by   
Search News
Just in:   • India needs to diversify export portfolio: Report  • Domestic airlines to fly 12,983 flights per week this winter  • New energy policy won't violate deals with US, Canada: Mexican Prez  • 'Digitisation need of the hour for logistics sector'  • KTR calls for empowering states to boost country's growth 
Last updated: 19 Dec, 2017  

Kunwer Sachdev Among Huron's Most Respected Entrepreneurs 2017

NewsVoir | 19 Dec, 2017
Gurugram-based entrepreneur Kunwer Sachdev has found a place among 6th Huron’s Most Respected Entrepreneurs’ 2017. The “Most Respected Entrepreneurs” is the highest honor awarded by Hurun Report annually that estimates the influence of Indian entrepreneurs over the year. The objective of the initiative is to promote entrepreneurship in India which is one of the hottest markets after the US and China. The Hurun Report has won numerous awards for their ground-breaking lists. Hurun awards were held on December 14 in Worli, Mumbai.

 

 

(L-R) Rupert Hoogewerf, Chairman & Chief Researcher of Hurun Report, Anas Rahman Junaid, Managing Director & Chief Researcher, Hurun Report, India and Arun Chittilapally, Wonderland Amusement Park and Resorts presenting the honour to Kunwer Sachdev, Founder and Managing Director - Su-Kam

 

Founder and Managing Director of Su-Kam Power Systems Ltd. India’s largest power solutions company Kunwer Sachdev was honored for his exemplary contribution to the Indian solar and power backup industry. Among the other dignitaries honored on the occasion were Dr. Cyrus S Poonawala, Serum Institute India, Adi Godrej, Godrej Industries, Kiran Mazumdar Shaw, Biocon, Byju Raveendran, and Byju’s, Abhishek Lodha, Lodha Group, Rana Kapoor, Yes Bank and the like.

 

Founded by Rupert Hoogewerf, Hurun Report is a luxury publisher group. It currently has offices in London, Mumbai, Shanghai and LA. The Hurun Most Respected Entrepreneur Award was first established in 1999. This annual award focuses on two growing economies China and India. The Award is set up to recognize the success stories of entrepreneurs and talk about their stories on a global platform. Hurun Report India is piloted by Anas Rahman Junaid, MD & Chief Researcher. Its objective is to promote the success stories of Indian and Chinese entrepreneurs on global platforms.

 

 â€œI am honored to receive this distinction. It has been an arduous yet memorable journey. I would also like to thank all my mentors, well-wishers and friends who have been a part of this incredible journey.” said Kunwer Sachdev.

 

Popularly known as the ‘Inverter Man of India’, Sachdev was the first entrepreneur to file patents for technology and design in the Indian power backup industry. He is also credited with inventing world’s first plastic-body inverter which has been declared as ‘Innovation of the Decade’. Kunwer revolutionized the power back-up industry by introducing world-class technologies such as MOSFET, Micro controller based and DSP Sine Wave into inverters. He also gave ‘Home UPS’ to India which combined the features of UPS and inverter into single equipment.

 

Anas Rahman Junaid, Managing Director and Chief Researcher of Hurun Report India said, “China and India are the two economies that will lead the world in the next 10 to 20 years. Hurun has been in China for the last 20 years and we have seen how the Chinese entrepreneurs have grown and come of age. We do see a similar pattern in India. So, this award is really about how we are going to achieve that kind of growth story in India. By identifying the patterns in China, we look at those entrepreneurs in India who have contributed in a similar fashion.”

 

Hailing from a lower middle-class family background, Sachdev never let financial constraints bar him from becoming a serial entrepreneur. He started off by selling pens on cycle with his older brother at a tender age of 15 years. He later founded a profitable business of cable TV communications in Delhi.

 

Being a visionary, Kunwer was quick to foresee the growth of power backup industry in India and decided to shut down his cable TV business in 1998 to establish Su-Kam Power Systems which is headquartered in Gurgaon.

 

Sachdev is credited with catapulting Su-Kam to the top league of companies in its category within a short span of a few years. Once a startup, Su-Kam, is now an Indian Multinational Corporation, and is recognized as one of the fastest growing organization among the India Inc. 500.

 

Today Su-Kam manufactures more than 250 products including various solar products, UPS, batteries, and customized solar solutions. A successful example of ‘Make in India’, Su-Kam has over 75,000 channel partners in many countries around the world. Sachdev has been instrumental in expanding company’s operations to almost 90 countries worldwide and capturing the power market in Africa and Asia.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 26 Oct, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» 'Centre open to further economic stimulus'(1)
» Delay in dealing with GST refund delays(1)
» NPAs hurdle to banks' rate cut transmission(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter