Narendra Goliya
B. Tech., 1974 Electrical Engineering

Mr. Narendra Goliya is currently the Chairman and Managing Director of Rishabh Instruments Ltd. He earned his B. Tech. from IIT Bombay in 1974 and his MS in Electrical Engineering from Stanford University, USA, in 1975.

Mr. Goliya built a multinational Indian company from scratch in 1983 by developing products for the measurement of Electrical Parameters, Solar String Inverters, and Die-casting. His company has factories in Poland and China and sales offices in the UK and the US. His company employs more employees outside India than in India. He has an R&D Team of about 100 people currently pursuing some of the best research in measurement technology.

His Polish factory manufactures Aluminium Pressure Die casting and supplies to top German and French brands like Mahle, Valeo, ABB, Siemens, Endres, Hauser, etc. Rishabh Instruments is also listed on the Indian Stock Exchange.

His storied professional career includes starting a very small company with 4-5 people who shifted from Mumbai to Nasik. Despite it being a time of Licence Permit Raj he developed many sophisticated instruments both in India and companies abroad. He set up the Nashik Engineering Cluster with funding of about 70 crores obtained from the Government of India and the Nashik Municipal Corporation. The funding was given to entrepreneurs who invest in areas of skill development, incubation, calibration testing, and developing entrepreneurs and improving their products.

Mr. Goliya is currently working with IIT Jodhpur to set up a Narendra Goliya B. Tech., 1974 Electrical Engineering 9 Rishabh Centre for Innovation in Green Energy. The Centre will be completed by 2025. Over the years Mr. Goliya has received several awards and recognitions. These include being recognized by institutions like NIMA (Nashik Industries Manufacturers Association). He was conferred with the ‘Golden Zyloty’ from the Government of Poland and the ‘Poladi Manus’ for promoting business relations between India and the European Union.

Any other interesting fact about yourself that you would like to share: I am a big proponent of Yoga, and I encourage people to keep fit. That is the only way to lead a long and healthy life. I have been actively making recommendations to the Government of India to change systems to make our lives as well as our businesses easier than it was in previous times. I was on the committee that approved projects for MSIPS by the Commerce Ministry. I firmly believe that ‘People should compete with themselves and not with others.

Hobbies: Travelling, meeting people, arranging get-togethers for exchange of ideas and continuous learning. Also speaking at various venues on topics such as skill development, entrepreneurship, and management

Special Memories Associated with IIT Bombay

Other than core engineering, subjects like Logic and Ethics were very useful in day-to-day life. I think staying in a hostel is so import ant and should be mandatory for at least 3 years for all students 10 even outside IITs. This is like the old Gurukul system where you have to stay with the teacher and learn all the skills other than just academics.