Top 10 Richest People In Ludhiana In 2025
Ludhiana, also known as the industrial heartbeat of Punjab, has been a hub of entrepreneurial brilliance and industrial prowess for centuries. In 2025, the city is still a symbol of success with a roll call of rich people who have made enormous contributions to its economy. Here's a close-up look at the top 10 richest individuals in Ludhiana this year.
1. Rajinder Gupta
Net Worth: ₹13,800 Crore
Industry: Textiles
Company: Trident Group
Rajinder Gupta sits atop Ludhiana's rich list. He is the Chairman Emeritus of Trident Group and has revolutionized the organization as a textile giant globally, its high-end terry towels, and bed sheets being known to all. Under his visionary leadership, Trident exports products to over 150 nations worldwide, with a market globalization base firmly in place.
2. S. P. Oswal
Net Worth: ₹4,600 Crore
Industry: Textiles
Company: Vardhman Textiles
S. P. Oswal, the founder of Vardhman Textiles, has played a vital role in transforming the company into India's biggest textile conglomerate. Vardhman can manufacture a large variety of yarns, fabrics, and clothes.
2.S. P. Oswal
Net Worth: ₹4,600 Crore
Industry: Textiles
Company: Vardhman Textiles
Vardhman Textiles' chairman, S. P. Oswal, has played a key role in evolving the company into India's largest textile group. Vardhman is in a good position to manufacture a huge variety of yarns, fabrics, and garments. Oswal's emphasis on modernization and green issues has made the company a global force to be reckoned with.
3. Paritosh Kumar and Family
Net Worth: ₹3,900 Crore
Industry: Auto Components
Company: Happy Forgings
Paritosh Kumar, the head of the family of Happy Forgings, and his family members have turned the company into a top manufacturer of auto components. Their expertise in the production of forged and machined parts has brought them an international auto major customer base that speaks volumes about their attention to quality and precision.
4. Avinash Gupta and Family
Net Worth: ₹2,800 Crore
Industry: Steel Forgings
Company: RN Gupta & Co
Avinash Gupta's leadership of RN Gupta & Co has placed the company at the top of the industry in the manufacturing of flanges and fittings. His products are acclaimed for their durability and are exported to foreign nations. The global reach of the company is an indication of Gupta's entrepreneurial abilities and vision.
5. Onkar Singh Pahwa and Family
Net Worth: ₹1,700 Crore
Industry: Bicycles
Company: Avon Cycles Group
As the backbone of Avon Cycles Group, Onkar Singh Pahwa has been instrumental in making the company a household name in every Indian home. Avon Cycles is known for producing bicycles in bulk with different varieties for different individuals, and Ludhiana remains on the scene as a bicycle-producing hub.
6. Shiv Prasad Mittal and Family
Net Worth: ₹1,700 Crore
Industry: Steel Manufacturing
Company: Aarti Steels
Shiv Prasad Mittal's tenure with Aarti Steels has been one of growth and development. The firm is most famous for manufacturing high-quality special and alloy steel for different industries. Business decisions by Mittal have positioned the firm firmly in the competitive market of the steel sector.
7. Anoop Bector and Family
Net Worth: ₹1,700 Crore
Industry: Food Processing
Company: Bector Foods
Anoop Bector, the proprietor of Bector Foods, has been a treasure of inestimable value to India's food processing sector. With its legendary bakery and dairy foods, the firm has consolidated its hold in the country and is a household name among households.
8. Bhavish Aggarwal
Net Worth: ₹1,500 Crore
Industry: Transport and Technology
Companies: Ola Electric, Ola Cabs, Krutrim
Bhavish Aggarwal, from Ludhiana, co-founded Ola Cabs which transformed the city transport in India. Taking an entrepreneurial step further, he ventured into launching Ola Electric as a provider of sustainable mobility. In 2024, Aggarwal initiated Krutrim, an artificial intelligence company, which became an overnight unicorn, a testimony to his innovation and business skills.
9. Sunil Mittal
Net Worth: ₹1,200 Crore
Industry: Telecommunications
Company: Bharti Enterprises
Sunil Mittal, born in Ludhiana, is the owner and chairman of conglomerate Bharti Enterprises with significant interests in telecom, that is, via Bharti Airtel. Bharti Airtel under his leadership has emerged as a serious player in the global telecom market in most countries.
10. Rakesh Bharti Mittal
Net Worth: ₹1,000 Crore
Industry: Telecommunications and Agriculture
Company: Bharti Enterprises
Rakesh Bharti Mittal, the younger brother of Sunil Mittal and vice-chairman at Bharti Enterprises, has guided the diversification of the group's business interests and has immensely contributed to the agriculture business. His strategic mind has been responsible for the diversification of the conglomerate and its long-term growth.
