Aircel, established in 1999, initially operated in Tamil Nadu before expanding to other regions, becoming a market leader in Tamil Nadu and gaining a substantial presence in Odisha, Assam, and North-East circles.
Sivasankaran faced financial turmoil when declared bankrupt by the Supreme Court of Seychelles on August 26, 2014, with BMIC being the largest creditor.
Despite setbacks, Sivasankaran exhibited resilience and innovation throughout his career.
He disrupted the Indian computer industry in the 1980s by offering low-cost personal computers through his company, initially known as Sterling Computers and later rebranded as Siva PC.
Chinnakannan Sivasankaran also played a pivotal role in the mobile revolution of the 1990s with the launch of Aircel.
The Siva Group, under his leadership, has expanded to encompass 33 companies globally, including ventures in shipping, wind energy, health food, and telecommunications.