Author name: snehal

COMPANY NEWS Rishi C. Sanghvi Named Among India’s Youngest Business Titans in the 2026 Barclays Hurun Report Sanghvi Movers Limited’s Managing Director recognised for leading one of India’s most valuable family run enterprises – at just 37. Rishi C. Sanghvi at the SML head office, Pune Presenting SML’s Elevate 2030 Vision at Analyst Day Rishi C. Sanghvi, Managing Director of Sanghvi Movers Limited (SML), has been featured at the Barclays Hurun India’s Youngest Business Titans 2026 list a report tracking the country’s youngest leaders steering major family run businesses. The recognition, covered by CNBC-TV18 in an article by Gautham Krishna published on August 11, 2026, places Rishi, aged 37, among a select group of next-generation leaders driving India’s growth story, with Sanghvi Movers valued at ₹3,800 crore in the Industrial Products category. It’s a fitting moment for a company that has spent 36 years lifting some of India’s most ambitious infrastructure and for a leader who has spent the better part of a decade making sure it keeps rising A Legacy Built on a Single Belief Sanghvi Movers was founded in 1989 by Late Mr. Chandrakant P. Sanghvi, a pioneer who recognised something the industry hadn’t yet caught up to: India’s infrastructure ambitions would need heavy-duty cranes and a partner who understood how to deploy them safely, reliably, and at scale. That single belief has since grown into a fleet of 510+ cranes spanning 40–1600 MT capacities, present across wind energy, refineries, steel, cement, and infrastructure projects nationwide earning Sanghvi Movers its current standing as the World’s 3rd Largest Crane Rental Company (IC Index 2026). Rishi took over as Managing Director in 2019, carrying that legacy forward while reshaping it for a new era. A Master’s in Business Administration from Cornell University and a Bachelor’s in Mechanical Engineering with a minor in Economics from Rensselaer Polytechnic Institute gave him a grounding in both the technical and strategic sides of the business one he has used to sharpen the company’s growth, sales analytics, strategy, and technology advancement. Leading With Elevate 2030 Much of what has driven Sanghvi Movers’ recent momentum is Elevate 2030 – the company’s strategic vision to go Beyond Boundaries, Raising Standards. It’s a commitment to robust financial growth through disciplined investment, a people-first culture, and global expansion, beginning with SML’s growing presence in the Middle East. In his most recent letter to stakeholders, Rishi reflected on what the milestone means in the context of that vision: “36 years ago, we started with a vision to lift India. Today, guided by Elevate 2030, we are ready to lift the world.” — RISHI C. SANGHVI, MANAGING DIRECTOR, SANGHVI MOVERS LIMITED He’s been equally candid about what the company stands for beyond its balance sheet. Sanghvi Movers, he has said, is “not just a crane rental company” – it is, “in every sense of the word, a nation-builder,” with cranes that have risen alongside wind energy installations powering remote villages, refineries, steel plants, nuclear facilities, stadiums, and the bridges that connect communities. A Recognition Rooted in Performance FY 2025–26 was, in Rishi’s own words, “a chapter of strong performance and quiet resilience” – grounded in the trust of clients who bring their most critical projects to SML, partners who stand by the company, and investors who continue to back its vision. That performance, sustained over more than three decades and now accelerating under a new generation of leadership, is precisely what the Barclays Hurun India’s Youngest Business Titans list set out to capture: young leaders building and scaling India’s most valuable family enterprises. For Sanghvi Movers, the recognition is less a milestone to pause on than a marker of where the company is headed next. With a diversified fleet, a widening global footprint, and a leadership team committed to disciplined growth, SML continues to build on the belief its founder held 36 years ago that India’s growth story needed a strong lifting partner. Today, under Rishi C. Sanghvi, that partner is thinking well beyond India’s borders Sanghvi Movers Limited (SML), headquartered in Pune, is the World’s 3rd Largest Crane Rental Company (IC Index 2026), operating a fleet of 510+ cranes across India, Qatar, Saudi Arabia, and Botswana.