Punjab is home to several influential industrialists who built major companies in textiles, manufacturing, food, and engineering. These entrepreneurs have shaped the region’s economy while creating large global businesses. Below are the top 10 richest people in Punjab in 2026, based on estimated net worth and business influence.
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1. Rajinder Gupta
Net Worth: ~₹13,800 crore
Rajinder Gupta, founder of the Trident Group, is widely considered the richest person in Punjab. The Ludhiana-based conglomerate produces home textiles, paper, and chemicals and exports to over 150 countries.
2. Paritosh Kumar
Net Worth: ~₹10,300 crore
A prominent businessman from Ludhiana, Paritosh Kumar built a large fortune in the auto components and engineering sector, supplying parts to major automobile companies.
3. Jaspal Singh Kandhari
Net Worth: ~₹7,580 crore
Chairman of Kandhari Beverages, he operates one of the biggest Pepsi bottling operations in India, distributing beverages across multiple regions.
4. S. P. Oswal
Net Worth: ~₹7,400 crore
The chairman of Vardhman Group, Oswal built one of India’s largest textile manufacturing companies, headquartered in Ludhiana.
5. Avinash Gupta
Net Worth: ~₹2,900 crore
Owner of RN Gupta & Company, Avinash Gupta’s business focuses on steel forgings and industrial manufacturing, contributing significantly to Punjab’s heavy industry.
6. Anoop Bector
Net Worth: ~₹2,281 crore
Founder of the Cremica Group, he built a major food and FMCG company known for sauces, biscuits, and bakery products supplied to global brands.
7. Onkar Singh Pahwa
Net Worth: ~₹1,700 crore
Head of the Avon Cycles Group, Pahwa leads one of India’s largest bicycle manufacturing companies with global exports.
8. Shiv Parshad Mittal
Net Worth: ~₹2,600 crore
Founder of Aarti Steels, Mittal is a major industrial figure in the steel and manufacturing sector in Punjab.
9. Prem Chand Bansal
Net Worth: ~₹1,800 crore
A leading industrialist from Fatehgarh Sahib, Bansal built his wealth through alloy steel and metal manufacturing businesses.
10. Gurdeep Singh
Net Worth: ~₹2,000 crore (estimated)
Gurdeep Singh built a media and cable distribution empire through Fastway Transmission, which operates widely across Punjab and neighboring states.
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Why Punjab Has Many Industrial Billionaires
Punjab’s wealthiest individuals mostly come from Ludhiana, Jalandhar, and Chandigarh, where manufacturing and export industries are concentrated. Major wealth sources include:
- Textile manufacturing
- Steel and engineering
- Food and beverage companies
- Media and telecom distribution
These industries transformed Punjab into one of North India’s most industrialized states.
In 2026, Rajinder Gupta remains the richest person in Punjab, thanks to the global expansion of the Trident Group and decades of industrial leadership.
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