Top 10 Richest Person in Ludhiana | Updated List 2025
As of April 2025, Ludhiana stands as a significant industrial hub in Punjab, renowned for its contributions to textiles, manufacturing, and exports. The city is home to several prominent business figures who have made substantial impacts in their respective industries.
1. Rajinder Gupta – Trident Group
Net Worth: Approximately ₹13,800 crore
Industry: Textiles and Paper
Overview: Founder and Chairman of Trident Group, Rajinder Gupta has been recognized as Ludhiana’s richest individual. His journey from humble beginnings to establishing a conglomerate valued at over ₹17,000 crore has earned him accolades, including the Padma Shri.
2. Avinash Gupta & Family – RN Gupta & Co
Net Worth: Approximately ₹2,800 crore
Industry: Steel Forgings
Overview: Owners of RN Gupta & Co, the family has established a strong presence in the steel forgings sector, contributing significantly to Ludhiana’s industrial landscape.
3. Onkar Singh Pahwa & Family – Avon Cycles Group
Net Worth: Approximately ₹1,700 crore
Industry: Bicycle Manufacturing
Overview: The Avon Cycles Group, under the leadership of Onkar Singh Pahwa, has become one of India’s leading bicycle manufacturers, with a substantial market share and export footprint.
4. S.P. Oswal – Vardhman Group
Net Worth: Approximately ₹4,600 crore
Industry: Textiles
Overview: As the head of Vardhman Group, S.P. Oswal has played a pivotal role in expanding the company’s textile operations, making it a key player in the industry.
5. Sunil Bharti Mittal – Bharti Enterprises
Net Worth: Approximately ₹58,000 crore
Industry: Telecommunications
Overview: Founder and Chairman of Bharti Enterprises, Sunil Bharti Mittal has roots in Ludhiana. His company, Bharti Airtel, is one of India’s largest telecom service providers.
6. R.K. Garg – Garg Acrylics Ltd.
Net Worth: Approximately ₹1,200 crore
Industry: Textiles
Overview: Leading Garg Acrylics Ltd., R.K. Garg has established the company as a significant player in the textile sector, with a focus on acrylic fiber production.
7. Gurdeep Singh – GS Radiators
Net Worth: Approximately ₹900 crore
Industry: Automotive Components
Overview: Gurdeep Singh’s GS Radiators has made notable contributions to the automotive components industry, specializing in radiator manufacturing.
8. Harbhajan Singh – Bhajji Sports
Net Worth: Approximately ₹700 crore
Industry: Sports and Entertainment
Overview: Former cricketer Harbhajan Singh, hailing from Jalandhar but residing in Ludhiana, has diversified into sports equipment manufacturing and entertainment ventures.
9. Manjit Singh – Manjit Group
Net Worth: Approximately ₹650 crore
Industry: Real Estate and Infrastructure
Overview: Manjit Singh’s ventures in real estate and infrastructure development have significantly impacted Ludhiana’s urban landscape.
10. Kuldip Singh – KS Oils
Net Worth: Approximately ₹600 crore
Industry: Edible Oils
Overview: Kuldip Singh’s KS Oils has become a prominent name in the edible oils industry, with a wide distribution network across India.
Please note that net worth figures are approximate and based on publicly available information as of 2024. For the most current and detailed financial data, consulting official financial disclosures or company reports is recommended.
