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Nitin Palkar has over 25 years of work experience. Nitin started their career in 1996 as an Executive in F&A at Bundy India Ltd. Nitin then moved to Core Health Care Ltd. in 1998 as a Sr Executive in the International Division. In 1999, they joined R&D Engineers as an Associate, where they worked until 2005 in a middle management role. Nitin then joined Inox India Ltd. in 2005, where they continued to work in a middle management role until 2015. In 2015, they briefly worked as the DGM Finance & Company Secretary at Troikaa Pharmaceuticals Ltd. Currently, they are the Head of Estimation Budgets and Cost at Inox India Limited since 2016.

Nitin Palkar's education history includes several academic achievements. Nitin attended Baroda High School from 1981 to 1988, where they obtained their higher secondary school certificate with a focus on Geology/Earth Science. Following this, from 1991 to 1993, Nitin Palkar attended Devi Ahilya Vishwavidyalaya and earned a Bachelor of Commerce degree with a specialization in Accountancy. In 1994, they pursued an MBA in Finance at Devi Ahilya Vishwavidyalaya, completing the program in 1996. During the same period, they also attained a Master of Social Work degree in 1995 from Maharaja Sayajirao University. Additionally, from 1996 to 2001, Nitin Palkar enrolled at the Institute of Cost and Work Accountants of India and received an AICWA degree with a concentration in Cost Accounting. Lastly, in 2008 and 2009, Nitin pursued further education in Company Law at The Institute of Company Secretaries of India, earning an ACS qualification.