Table 9: Industry producing most number of new entrants new Richest New Wealth Industry Company Addition Entrant (INR Cr) Pharmaceuticals 43 B Krishna 9,200 Hetero group Saket Burman, FMCG 28 7,400 Dabur V C Burman Kanubhai Construction & 21 Mafatlal Patel & 2,300 Montecarlo Engineering family Automobiles & Auto 18 Renu Munjal 7,000 Hero Motocorp Components Surjit Kumar Capital 17 5,700 Havells India Gupta Chemicals & Narendrakumar 17 5,000 Pidilite Industries Petrochemicals Kalyanji Parekh Source: Research Institute. For more details visit Pharmaceuticals Despite the underperformance of Pharma sector, it still contributes the highest to the list with 79 entries that includes16 billionaires. In 2017, the sector witnessed a 9% growth in cumulative wealth compared to 17% in 2016. But growth in per capita wealth for pharma entrepreneurs in the list declined by 50% mainly on account of wealth split and a lackluster financial performance of some of the major listed and private companies. For instance, wealth of Dilip Sanghvi, the top pharma billionaire declined by INR 32,400 crore to INR 89,000 crore due to poor performance of Sun Pharma in bourses. FMCG 63 individuals derived their wealth from the FMCG sector and contributed 28 new entrants and 15 billionaires to this year’s list. This sector witnessed a 45% increase in wealth compared to 14% in last year. With 173% increase in wealth, Acharya Balkrishna of Patanjali Ayurved marks his entry to the top 10 list. Chandra Mohan RG of Hatsun Agro also registered an increase of 123% backed by stellar performance of his company’s share price Chemicals & Petrochemicals Indian chemical industry ranks 12 in the world by volume of production and have contributed 38 entrants to the list. Ashwin Dani, Abhay Vakil and Ashwin Choksi, founders of Asian paints, India’s largest paint manufacturer top the chemical entrepreneurs rich list. The sector contributes 17 new entrants to the list of which 9 are self-made.
Table 9: Industry producing most number of new entrants Industry new Addition Richest New Entrant Wealth (INR Cr) Company Pharmaceuticals 43 B Krishna 9,200 Hetero group FMCG 28 Saket Burman, V C Burman 7,400 Dabur Construction & Engineering 21 Kanubhai Mafatlal Patel & family 2,300 Montecarlo Automobiles & Auto Components 18 Renu Munjal 7,000 Hero Motocorp Capital 17 Surjit Kumar Gupta 5,700 Havells India Chemicals & Petrochemicals 17 Narendrakumar Kalyanji Parekh 5,000 Pidilite Industries Source: Research Institute. For more details visit Pharmaceuticals Despite the underperformance of Pharma sector, it still contributes the highest to the list with 79 entries that includes16 billionaires. In 2017, the sector witnessed a 9% growth in cumulative wealth compared to 17% in 2016. But growth in per capita wealth for pharma entrepreneurs in the list declined by 50% mainly on account of wealth split and a lackluster financial performance of some of the major listed and private companies. For instance, wealth of Dilip Sanghvi, the top pharma billionaire declined by INR 32,400 crore to INR 89,000 crore due to poor performance of Sun Pharma in bourses. FMCG 63 individuals derived their wealth from the FMCG sector and contributed 28 new entrants and 15 billionaires to this year’s list. This sector witnessed a 45% increase in wealth compared to 14% in last year. With 173% increase in wealth, Acharya Balkrishna of Patanjali Ayurved marks his entry to the top 10 list. Chandra Mohan RG of Hatsun Agro also registered an increase of 123% backed by stellar performance of his company’s share price Chemicals & Petrochemicals Indian chemical industry ranks 12 in the world by volume of production and have contributed 38 entrants to the list. Ashwin Dani, Abhay Vakil and Ashwin Choksi, founders of Asian paints, India’s largest paint manufacturer top the chemical entrepreneurs rich list. The sector contributes 17 new entrants to the list of which 9 are self-made.