![]() ![]() ![]() “Some people may say, ‘You are born with a silver spoon, but it is very easy to lose it all in the third generation,” he says. “Inox Wind is set to become the most profitable company in the ($4 billion) Inox Group this fiscal,” he tells Forbes India.ĭevansh believes he cannot afford to fail because of the robust reputation that the Inox Group enjoys. He is confident of its continued success. A strong current order book of 1,200 megawatts (MW) and investor confidence place Inox Wind, and Devansh, in a sweet spot. And in five years, he steered the company onto the path of profitability-a rarity among local wind energy firms. With a corpus of Rs 40 crore borrowed from Gujarat Fluorochemicals Limited, he started Inox Wind in 2009, at a time when major players like Suzlon and Bharat Forge were stumbling. But the Inox Group was looking to diversify, and given India’s energy deficit and the global thrust towards cleaner forms of energy, Devansh convinced his family of the power of wind. Neither his father nor his uncle Pavan (chairman and managing director of Inox Air Products) had prior experience in this sector. When he returned to India from the US in 2007, he shadowed his father Vivek (managing director, Gujarat Fluorochemicals Limited) for two years before deciding to enter the renewable energy sector. “We have a market cap of almost a billion-and-a-half dollars,” says Devansh, who, as director of his company, is the youngest family member to hold a position in the chemicals-to-multiplexes Inox Group. His company, Inox Wind, the renewable wind energy solutions provider, raised Rs 1,000 crore and was oversubscribed 18 times. In March 2015, the 28-year-old third-generation scion of Inox Group led one of the biggest initial public offerings (IPOs) that India has seen in the last two years. No one can accuse Devansh Jain of false pride. All international packages must be insured.The Inox Group had no expertise in renewable energy, but backed by a successful IPO, third-generation scion Devansh Jain proved that there is profit in the sector Items cannot be declared for less than the insured amount. items will not be marked as "gift") as it is a violation of US export law to alter such documents. Forms and paperwork will not be altered, (i.e. ![]() US Customs and export paperwork will be completed using the final bid price. Questions about these additional fees should be addressed to the international bidder's specific government agency relating to importing and customs practices. These charges are not included in the final bid price or the shipping/insurance price. If paying by PayPal please note that we are only authorized to ship your items to your confirmed PayPal address.īuyers outside the United States are responsible for any and all customs and/or duties resulting from importing purchased items into their respective countries. Please call or email us for international shipping policies. Please see the "Shipping and Payments" section of each individual listing for specific shipping details or contact us with any questions. Your package will require an Adult Signature for release.įor purchases under $500 a flat rate of $7.00 will apply and packages will be shipped via USPS First Class Mail including Delivery Confirmation.Įxpedited shipping services are available for an additional charge. This watch has been certified by our master watchmaker and comes with our 2 year mechanical warranty.įREE SHIPPING & INSURANCE for purchases above $500 via UPS 2ND Day Air or USPS Priority Mail for all USA destinations. It is in very good shape with very few signs of wear. It comes complete with the original Cartier box. Steel bracelet, triple folding steel security buckle. Black roman dial with Super-LumiNova* indicators, steel sword-shaped hands coated with Super-LumiNova*. ADLC-coated steel bezel with Super-LumiNova* indicator, faceted crown set with a faceted synthetic spinel. This watch features a 42mm stainless steel case, self-winding mechanical movement, caliber 1904-PS MC. Ideal Luxury is pleased to offer this Authentic Calibre De Cartier Diver Automatic Watch W7100057. ![]()
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