The Forbes World’s Billionaires List 2024 depicts an outstanding rise, which is a reflection of India’s good economic performance. This surge shows the universe of the country on the global stage which is increasing. It exemplifies a key turning point in India’s entrepreneurial journey, highlighting new opportunities. The rise of India in billionaires is the symbol of the country’s healthy business environment. It portrays the ingenuity and adaptability of Indian businessmen despite international obstacles.
Ramesh Kunhikannan
Ramesh Kunhikannan started Kaynes Technology in 1989. Kaynes specializes in producing printed circuit boards for clients in different regions of the world. According to Forbes, Kunhikannan’s wealth stands at $1.2 billion. The company has eight plants across India. It is an electronics provider to the automotive, aerospace, and medical sectors.
Naresh Trehan
Naresh Trehan laid the bricks of the Medanta hospital chain in 2007. Medanta has a dedicated department catering to cardiology, neurology, and oncology patients. In the current year, Trehan’s net worth grew to $1.4 billion. He is in charge of five hospitals with a total bed capacity of 2700, spread across northern India. Medanta has become an eminent player in the Indian healthcare sector.
Renuka Jagtiani
Renuka Jagtiani took over Landmark Group after her husband’s demise. Landmark Group is a multinational consumer conglomerate headquartered in Dubai. As a billionaire worth 4.8 billion dollars, Jagtiani represents a powerful force. The multinational company has a workforce of more than 50,000 people worldwide. His efforts now continue to drive the growth and significance of Landmark Group.
Vijay Agarwal
Vijay Agarwal founded Action Construction Equipment in 1995. His company produces a variety of construction machines and accessories. Agarwal’s wealth equaled $1 billion, showing that his company was successful. Action Construction Equipment sells its products under the Ace brand. Agarwal’s leadership has grown the company and innovated.
Nikhil Merchant
According to Forbes, Nikhil Merchant’s net worth has reached one billion dollars. He is the managing director of Swan Energy, which includes various fields. Swan Energy has a presence in oil and gas, petrochemicals, textiles, and real estate. Merchant acquired Reliance Naval Engineering in 2021. His business undertakings widened and enhanced Swan Energy’s portfolio.
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