CleanupBot II at 18:51, 13 August 2023

2023-08-13T18:51:49Z

New page

{{Short description|Indian entrepreneur and founder, chairman and managing director}}
{{use Indian English|date=June 2015}}
{{Use dmy dates|date=December 2019}}
{{Infobox person
| name = Achal Bakeri
| image = 
| alt =
| caption =
| birth_name = 
| birth_date =
| birth_place = [[Mumbai]], [[Maharashtra]], India
| alma_mater = [[CEPT University]]<br />[[University of Southern California]]
| occupation = Businessman
| spouse =
| parents =
}}
'''Achal Bakeri''' is an [[Indian people|Indian]] [[entrepreneur]] and founder, chairman and managing director of [[Symphony Limited]].

==Early life and education==
He was born in [[Mumbai]], [[Maharashtra]], to father Anil Bakeri, a [[real estate]] businessman, and mother Hansabahen.<ref>{{cite news| author = Trivedy, Ketan (undated) | title=Jewels of India: Anil Bakeri|url=http://www.chitralekha.com/JewelsofIndia/English/AnilBakery.pdf| access-date= 16 June 2015| work = [[Chitralekha (weekly)|Chitralekha]]}}</ref>

Bakeri completed his diploma in [[architecture]] from [[CEPT University]], located in Ahmedabad, and a [[Master of Business Administration]] in the United States from the [[University of Southern California]], located in [[Los Angeles]], [[California]].<ref name = "Economic Times 1"/>

==Career==
He returned to India and started working with his father's real estate business in Ahmedabad.<ref name = "Economic Times 1">{{cite news| author = Vyas, Jwalit | date = 26 April 2014 | title=India's Biggest Value Creators: Achal Bakeri's Net Worth Jumps from Rs 2 Cr to Rs 2k Cr in Just a Decade|url=http://articles.economictimes.indiatimes.com/2014-04-26/news/49422568_1_havells-india-adani-enterprises-symphony-limited|access-date=3 March 2015| work = [[The Economic Times]]}}</ref>

===Symphony===
In February 1988, Bakeri started Symphony Limited in Ahmedabad with a seed capital of [[Indian rupee|INR]] 100,000. The company was about to go [[Bankruptcy|bankrupt]] in 2002, but after purchasing a majority stake in a Mexican company, Bakeri claims it became the world's largest air-cooler manufacturing company.<ref>{{cite news| author = Bakeri, Achal | date = 9 August 2012 | title=Symphony's Achal Bakeri on How to Make Your Company Great|url=http://forbesindia.com/article/my-learnings/symphonys-achal-bakeri-on-how-to-make-your-company-great/33504/0|access-date= 16 June 2015| work = [[Forbes India]]}}</ref><ref>{{cite news| author = Shanbaug, Amit | date = 28 May 2012 | title=Selling Coolers: How Achal Bakeri Made 'Symphony' into a Rs 300 Crore Business|url=http://articles.economictimes.indiatimes.com/2012-05-28/news/31869527_1_air-conditioners-achal-bakeri-business-family|access-date= 16 June 2015| work = [[The Economic Times]] }}</ref> In February 2017, Symphony launched air cooler with multiple features like touch screen, voice assist, mosquito repellent.<ref>{{Cite news|url=http://www.thehindubusinessline.com/companies/symphony-launches-new-interactive-air-coolers-touch/article9544596.ece|title=Symphony's Touch cooler doubles up as air purifier and mosquito-repellent|last=Pandit|first=Virendra|date=15 February 2017|work=The Hindu Business Line|access-date=5 October 2017|language=en}}</ref><ref>{{Cite web|url=http://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/symphony-launches-air-cooler-with-multiple-features/57178048|title=Symphony launches air cooler with multiple features – ET Retail|last=www.ETRetail.com|website=ETRetail.com|language=en|access-date=5 October 2017}}</ref>

===Awards and recognitions===
Bakeri is the recipient of awards including:
* Rotary International Entrepreneur of the year 1992<ref>{{cite news|author=Staff (undated) |title=Achal Bakeri |url=http://www.brandownerssummit.com/speaker-details.html?sid=1 |access-date=16 June 2015 |publisher=[[Brand Owner's Summit]] |url-status=dead |archive-url=https://web.archive.org/web/20150402143336/http://www.brandownerssummit.com/speaker-details.html?sid=1 |archive-date=2 April 2015 }}</ref>
* India Young Business Achiever Award 1995
* Finalist World Young Business Achiever in London
* EY Entrepreneur of year Award 2014 Finalist<ref>{{cite news| author = Staff (undated) |title=EOY 2014 Finalists – Innovative Game Changers |url=http://www.ey.com/IN/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/EY-eoy-india-2014-finalists|access-date= 16 June 2015|publisher= [[Ernst & Young|EY]]}}</ref>
* [[The World's Billionaires 2015|Forbes List of Billionaires 2015]]<ref>{{cite news| author = Staff (undated) | title=Achal Bakeri|url=https://www.forbes.com/profile/achal-bakeri/|access-date= 16 June 2015| work = [[Forbes]]}}</ref>

===Associations===
Bakeri also serves as a director of Symphony Limited, Sanskrut Tradecom Private Limited, Bakeri Engineering & Infrastructure, Harmony Holdings Private Limited, Oras Investments Private Limited, Paratam Investments Private Limited and Bakeri Urban Development.<ref>{{cite news| author = Database (undated) | title=Achal Anil Bakeri MBA|url=https://www.bloomberg.com/research/stocks/people/person.asp?personId=95148358&ticker=SYML:IN|access-date= 16 June 2015|publisher= [[Bloomberg L.P.|BloombergBusiness]]}}</ref>

==See also==

* [[List of people from Ahmedabad]]
* [[List of University of Southern California people]]
{{clear}}

==References==
{{reflist|30em}}

{{DEFAULTSORT:Bakeri, Achal}}
[[Category:Date of birth missing (living people)]]
[[Category:20th-century Indian businesspeople]]
[[Category:21st-century Indian businesspeople]]
[[Category:Chief executives in the manufacturing industry]]
[[Category:Businesspeople from Ahmedabad]]
[[Category:Indian billionaires]]
[[Category:Indian chairpersons of corporations]]
[[Category:Indian company founders]]
[[Category:Indian expatriates in the United States]]
[[Category:Indian industrialists]]
[[Category:Living people]]
[[Category:Manufacturing in India]]
[[Category:Technology company founders]]
[[Category:Marshall School of Business alumni]]
[[Category:Year of birth missing (living people)]]

Achal Bakeri - Revision history

CleanupBot II at 18:51, 13 August 2023