Arvind Poddar

Arvind Poddar owns a 57% stake in Balkrishna Industries, which provides off-highway tires for the agriculture, mining and construction sectors.Poddar is chairman and managing director of the company while his son Rajiv is the joint managing director.With roots in the textile business going back to 1951, Balkrishna Industries started making bicycle tires in 1963. Poddar entered the off-highway tire market in the mid-1990s and now supplies to clients in Europe and the Americas.Poddar is setting up a tire plant in the U.S. to supply to the local market there.