Vijay Sankar was the son of N Sankar, Chairman of the Chennai-based Sanmar Group, and a veteran of PVC production and other vital areas.
Through joint ventures with foreign-domiciled enterprises, N Sankar was one of India’s early users of modern manufacturing processes.
N guided the Sanmar Group through various joint ventures, including Cabot Sanmar, a chemical partnership with the Cabot Group in the United States, and other American companies, including Flowserve, Xomox, and others.
Who Is N Sankar Son Vijay Sankar?
Vijay Sankar was the Sanmar Group’s vice chairman, and when his father, N Sankar, died, he would shortly take over as the company’s chairman.
Vijay is a trained Chartered Accountant and possesses a master’s in Business Administration from Northwestern University’s J L Kellogg Graduate School of Management.
Sankar received his Bachelor of Commerce degree from Loyola College in Chennai. Sankar is in charge of the Group’s operational management as Deputy Chairman.
The over $1 billion Sanmar, a diversified business group, has interests within and outside India in chemicals, engineering, and shipping. pic.twitter.com/7gPCUQ0dIF
— IANS (@ians_india) April 17, 2022
He has been actively involved in Sanmar’s foray into abroad nations in the Group’s key areas of strength and the organic expansion of the primary companies.
Vijay serves on the boards of directors of The KCP Limited and Oriental Hotels Limited. Vijay is also the Tamil Nadu Tennis Association’s Vice President.
Apart from two years in Chicago while receiving his MBA, he has traveled extensively worldwide. Vijay had also spent nearly ten years as the Honorary Consul of Spain in Chennai.
N Sankar Family Following Entrepreneurship From Generations
N Sankar was born into a business family: his grandpa, SNN Sankaralinga Iyer, was a co-founder of India Cement. N joined his father, KS Narayanan, at Chemplast Sanmar at the age of 26 after completing his Master’s from the Illinois Institute of Technology in Chicago.
He borrowed money from investors five years into the firm, in 1972, to purchase the controlling ownership in a company called Industrial Chemicals and Monomers.
One of the nicest business leaders I have met. RIP N Sankar! pic.twitter.com/jladkqgvig
— R Srinivasan (@srinivasanravi) April 17, 2022
His attempt to use technology to improve the quality of Indian manufacturing has shown to be a viable path for Indian enterprises to enhance their competitiveness.
From 1989 until 2017, Sankar was also the Honorary Consul General of Denmark in South India. Sankar earned a bachelor’s degree in chemical engineering from AC Tech College of Technology and a master’s degree in chemical engineering from same University in Chicago.
N Sankar Net Worth: How Rich?
The estimated net worth of N Sankar is around 20 million dollars, including his assets and properties. Although, Sankar has yet to reveal his exact net worth.
Jolly Rovers and Alwarpet Cricket Club are two of his family’s cricket clubs. N, a tennis champion at the collegiate level, had been promoting the sport for the past 40 years by supporting it.
A tallest Leader of Indian Industry Mr. N. Sankar is no more. Great loss to d business and cricketing community. He will be long remembered for Phenomenal contribution to d society. Heartfelt condolences 2 d families of Chemplast group. May god rest d departed soul in peace. 👏👏 pic.twitter.com/UYugI4W0QC
— P N Mahadevan (@PNMahadevan1) April 18, 2022
Shankar had previously served as the president of the Tamil Nadu Cricket and Tennis Associations and the Madras Cricket Club.
Cancer Institute, Sankara Nethralaya, Child’s Trust Hospital, and Voluntary Health Services were among his charitable organizations.
Sri Sankara Schools in Chennai and Willingdon Corporate Foundation were among the educational and humanitarian organizations N was associated with. N was a member of the Indian Institute of Management in Kozhikode’s board of directors.