Success Editor Team
Many believe that success is born from perseverance, grit, and a strong vision. Onkar Singh Kanwar’s journey is a shining example of this truth. Born in present-day Pakistan before the Partition, Kanwar faced a lifetime of challenges, but he turned each obstacle into an opportunity — ultimately building a business empire worth over ₹30,910 crore.
Early Life and Humble Beginnings
Onkar Singh Kanwar was born in Lahore, Pakistan, in 1942. After Partition, his family moved to India, where they started from scratch. His father, Raunaq Singh, laid the foundation for what would later become a legacy. However, it was Onkar who turned that foundation into a towering empire.
Educated in the United States, Kanwar returned to India with a passion for manufacturing and business. In the 1970s, India was under Emergency, and many businesses were struggling. During this turbulent time, Kanwar almost sold his firm for Re 1 to keep it afloat — a decision he thankfully never had to make. This incident became a defining moment in his career, showcasing his willingness to make sacrifices for long-term success.
Apollo Tyres: A Global Brand with Indian Roots
In 1972, Onkar Singh Kanwar founded Apollo Tyres, which would go on to become one of India’s largest tyre manufacturers. Under his leadership, Apollo grew exponentially — both in revenue and reach. Today, Apollo Tyres operates seven state-of-the-art factories across the globe and exports to over 100 countries.
A major milestone came when Apollo Tyres became the official sponsor of the Indian Cricket Team’s jersey, placing the brand in front of millions of fans worldwide. This partnership helped cement Apollo’s image as a trusted, homegrown brand that competes on the global stage.
Foray Into Healthcare: Artemis Hospitals
Not one to rest on past achievements, Onkar Singh Kanwar ventured into healthcare with the launch of Artemis Hospitals. Focused on providing high-quality medical services, Artemis has become a trusted name across northern India. This move showed Kanwar’s commitment to nation-building, beyond just industry and commerce.
Net Worth and Business Empire
As of 2025, Onkar Singh Kanwar’s business empire is valued at over ₹30,910 crore. His net worth is reflective of his decades-long dedication to innovation, quality, and integrity. He has been recognized both in India and globally for his contributions to business and society.
Family and Legacy
Onkar Singh Kanwar’s family remains closely involved in the business. His son, Neeraj Kanwar, serves as the Vice Chairman and MD of Apollo Tyres, continuing the legacy with modern strategies and global expansion plans.
Inspiration for Future Entrepreneurs
From nearly selling his company for Re 1 to leading a multi-billion-rupee empire, Onkar Singh Kanwar’s story is one of courage, resilience, and visionary leadership. His life continues to inspire countless young entrepreneurs across India and beyond, proving that no dream is too big when backed by hard work and determination.
