It is an established fact that Gujaratis have conquered the forefront of India’s economic development since decades. Let’s take a look at top 10 Gujarati billionaires of the decade.
Vadodara-based Amit Bhatnagar, Diamond Power Infrastructure MD has emerged as a prominent identity of Gujarat. He was also awarded with the ‘Udyog Ratan’ award for 2007-08 by the Government of India, in recognition of his contribution to the economic growth of India.
Uday Kotak is the Vice-Chairman and Managing Director of Kotak Mahindra Bank. Kotak Mahindra Finance Ltd is the first company in India’s corporate history to get a banking license from Reserve Bank of India.
Dilip Shanghvi is the founder of Sun Pharmaceutical, one of the leading pharma companies in the country. Shanghvi has build Sun into a lucrative generic drugs companies in the world. He is now gearing up to drive his company into its next growth phase.
Pankaj Madhavlal Patel is the Chairman and Managing Director of Cadila Healthcare. At the peak of his career, Patel bought a Challenger-604 jet, which costed him over USD $14 million.
Sudhir Uttamlal Mehta is serving as the Chairman of Torrent Group, of which Torrent Pharmaceuticals Limited is the flagship company. He also the Director of Surat Electricity Company Ltd., Torrent Pvt Ltd. and Torrel Cosmetics Pvt Ltd.
6.Karsanbhai Khodidas Patel
Karsanbhai Khodidas Patel is a Gujarati industrialist, who founded the Nirma group, with key interests in manufacturing detergents, soaps and cosmetics. With a huge employee-base, Nirma has expanded its operations not only across India, but also to other countries. In 1969, he launched the brand “Nirma” named after her daughter Nirupama.
The Vice-Chairman of Torrent Group, Samir Mehta’s career began with his brother by taking charge of the Torrent Pharmaceuticals, which they inherited from their father. He currently looks after several ventures, including Torrent Power Generation Ltd., Torrent Pharmaceuticals Ltd., Torrent Power SEC Ltd, Torrent Power AEC Ltd., and Torrent Private Ltd.
Bhadresh is the founder of AIA Engineering that specializes in manufacturing grinding components for machinery, which are used across various industries, including power, mining and cement industries.
Tulsi Tanti is a 50 year old Gujarati, who ranks at 33 position with a net worth of USD $3.7 billion on the Forbes list of billionaire. Tanti is the founder of Suzlon Energy, which is India’s leading wind power giant.
Hemant Shah is a civil engineer, who has built his empire with a construction business. The son of a Bollywood film producer, Hemant launched his benchmark project Akruti City in the year 2006. He has also join forces with DLF in numerous projects, including an IT park in Pune.