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Sandeep Engineer (born 11 May 1961) is an Indian billionaire industrialist based in Ahmedabad, Gujarat. A chemical engineer by profession, he is the founder and managing director of Astral Limited, a Fortune 500 India company. As of December 2021, his net worth is estimated at US$ 3.0 billion. Early life Sandeep Engineer was born on 11 May 1961 to Pravin Chandra and Hansaben Engineer in Ahmedabad, Gujarat. Career He started as a project engineer with Cadila Pharmaceuticals. Sandeep later established Kairav Chemicals Pvt Ltd to start pharmaceutical bulk drugs at Santej, near Ahmedabad in 1992. Engineer had a particular interest in polymers right from his college days. After eight years of business in pharmaceutical bulk drugs, he decided to venture into polymer processing. He came in contact with B.F. Goodrich, a US Fortune 500 company (now Lubrizol), pioneers in patented chlorinated polyvinyl chloride polymers used in piping industries. He soon approached B. F. Goodrich and tied up for the processing license for the first time in India. This tie-up formed a new company named Astral Poly Technik Limited (now Astral Ltd). In 2014, Engineer diversified Astral business by entering into the adhesives and sealants market. Astral acquired an 80% controlling stake in UK-based company Seal It Services Ltd., manufacturing a diversified range of adhesives and sealants, and also acquired Kanpur-based ResinovaChemie Ltd. In 2020, Engineer entered the plastic storage tanks business through the acquisition of Sarita Water Tanks, an Aurangabad-based company and also started production of water tanks with the brand name Astral. Personal life Engineer is married to Jagruti and lives in Ahmedabad with his two sons, Kairav and Saumya. Awards * 2012 - Outstanding Entrepreneur * 2012 - Enterprising Entrepreneur * 2013 - Outstanding New Generation Entrepreneur * 2016 - Inspiring Business Leader India
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