Mr. Narendra Joharimal Goliya is a distinguished entrepreneur and visionary leader with over four decades of experience in electrical manufacturing, instrumentation, and clean energy. As the Founder and Chairman of Rishabh Instruments Ltd., he has transformed the company from a modest startup into a globally recognized leader in energy efficiency solutions.

Early Life and Education

Career and Entrepreneurial Journey

In 1975, Mr. Goliya joined his family's business of manufacturing and marketing electrical measuring instruments. After gaining eight years of valuable experience and Recognizing the potential for innovation and growth, he founded Rishabh Instruments Pvt. Ltd. in 1983 in Nashik, India. Under his leadership, the company has developed a diverse portfolio of products, including digital and analog panel meters, protector relays, current transformers, shunts, switches, transducers, isolators, paperless recorders, temperature controllers, converters, insulation testers, and synchronizing units. Rishabh Instruments serves customers worldwide, with a strong presence in Europe, the USA, and Asia. Mr. Goliya's strategic vision led to the establishment of manufacturing facilities in Poland, China, and Cyprus, expanding the company's global footprint. His commitment to quality and innovation has garnered Rishabh Instruments numerous certifications and accolades, solidifying its reputation as a trusted partner in the electrical industry. Mr. Goliya has been the driving force behind the growth and diversification of the Rishabh Group of Companies, which includes Lumel Alucast, Lumel S.A., V&A Instruments, Microsys, Sifam Tinsley, and Energy Solution Labs. Through his strategic vision, he has expanded the group’s global footprint, strengthened product innovation, and established robust operational and manufacturing excellence across all subsidiaries. His leadership ensured that each company maintains the highest standards of quality, technical innovation, and global competitiveness, positioning the Rishabh Group as a respected multinational conglomerate in the instrumentation and energy sectors.

Philanthropy and Driving Positive Change

Beyond his entrepreneurial success, Mr. Goliya is a passionate advocate for clean energy and sustainable development. He played a pivotal role in the establishment of the Rishabh Centre for Research and Innovation in Clean Energy at IIT Jodhpur, in collaboration with the Rishabh Instruments Ltd., Ivaan Foundation and IIT Jodhpur. This center aims to advance research in renewable energy technologies and foster innovation in the clean energy sector. The initiative reflects Mr. Goliya's dedication to addressing global energy challenges and promoting sustainable solutions.

Mr. Goliya's commitment to industrial development and innovation led to his instrumental role in the establishment of the Nashik Engineering Cluster (NEC). As the Chairman of this industry cluster, he collaborated with co-directors Vikram Sarda and Sharad Shah to create a state-of-the-art facility that provides small and medium-sized enterprises (SMEs) with access to advanced manufacturing technologies and infrastructure.

The NEC serves as a hub for industries in Nashik, offering shared resources such as prototyping, calibration, and CNC machining services. This collaborative environment enables SMEs to enhance their capabilities, reduce costs, and improve product quality, thereby fostering growth and competitiveness in the region. Today, NEC also plays a leading role in entrepreneurial development and seed funding, supporting innovation and nurturing emerging startups in the manufacturing and engineering sectors.

Under Mr. Goliya's leadership, the NEC has become a model for industry clusters in India, demonstrating the effectiveness of public-private partnerships in driving industrial development. The success of the NEC has inspired similar initiatives in other regions, contributing to the broader goal of industrial advancement and economic growth in India.

Mr. Goliya believes in the transformative power of education and has been actively involved in various philanthropic activities. He has supported initiatives aimed at improving educational infrastructure and providing quality education to underprivileged communities. His efforts extend to mentoring young entrepreneurs and encouraging innovation and entrepreneurship among the youth.

Leadership Philosophy and Vision

Guided by principles of integrity, excellence, and innovation, Mr. Goliya emphasizes collaboration, continuous learning, and societal well-being. His journey from a small-scale manufacturer to a global industry leader serves as an inspiration to aspiring entrepreneurs and professionals worldwide.

Under his leadership, the Rishabh Group continues to innovate, invest in clean energy research, and support the next generation of engineers and entrepreneurs, reinforcing its global vision of sustainable industrial and technological advancement.