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Sanjay Thakker
Chairman & Founder of Group Landmark, Policyboss.com (Landmark Insurance)
Sanjay Thakker is the Chairman and Founder of Group Landmark, a prominent automotive retail chain in India. Established in 1998, Group Landmark has grown to become one of the largest networks of auto dealerships in the country, with over 115 outlets across various states and union territories, including partnerships with major automotive brands like Honda, Volkswagen, and Mercedes-Benz.123
Early Life and Career
Thakker's journey in the automotive industry began when he partnered with a friend to open a Honda dealership. Following his friend's untimely death, Thakker took full control of the business and focused on expanding it. His strategic decision not to hire seasoned industry professionals but instead develop talent internally has been a cornerstone of Landmark's success.24
Business Philosophy
Thakker emphasizes a decentralized management structure that empowers employees at all levels, contributing to a low attrition rate among senior staff. He believes in maintaining a clear separation between ownership and management to foster a scalable business model.12 This approach has allowed Landmark to thrive in a competitive market while ensuring profitability across its franchises.
Achievements
Under Thakker's leadership, Group Landmark has achieved significant financial milestones, reporting an income of ₹3,510 crore for FY23. The company is recognized as a leading dealer in the automotive sector, ranking high on lists such as Fortune India's The Next 500.2 Thakker's vision extends beyond immediate profits; he aims to build an enduring institution that prioritizes integrity and excellence in service delivery.2
Personal Background
Sanjay Thakker hails from a family with a rich entrepreneurial legacy. His paternal grandfather was involved in the food grains business, while his maternal grandfather was a well-known Gandhian and businessman. This background has influenced his values and approach to business.2
In summary, Sanjay Thakker is not only a successful entrepreneur but also a visionary leader who has transformed Group Landmark into a significant player in India's automotive industry through innovative management practices and a commitment to quality service.