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.