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Get A Magnificent List of the Richest Man in Madhya Pradesh

Reetam Bodhak by Reetam Bodhak
October 24, 2025
in FAQ, News, Recent News
0

Richest Man in Madhya Pradesh

Madhya Pradesh is the 10th largest economy with a gross state domestic product of rs. 9.17 trillion (US$110 Billion). Now, the main and important cities in Madhya Pradesh include Bhopal and Indore. Lately, Indore has become a center for IT. The top ten richest people in Madhya Pradesh are included in this post.

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Table of Contents

  •   Here is the list of Richest Man in Madhya Pradesh :
  • Overview of Madhya Pradesh’s Top 10 Richest
  • Deep Dive into Madhya Pradesh’s Business Elite
  • Vinod Agarwal – Coal Mining Magnate
  • Shyamsunder Mundhra – Solar Energy Innovator
  • Sunil Patidar – Pump Industry Leader
  • Vinod Jain – Detergents Specialist
  • Devendra Jain – Infrastructure Visionary
  • Sudhir Agarwal – Infrastructure Developer
  • Arun Ramani – Real Estate Investor
  • Why Madhya Pradesh’s Wealthiest Matter
  • FAQs

 
Here is the list of Richest Man in Madhya Pradesh :

Madhya Pradesh, the heart of India, is home to some of the country’s most influential business magnates. In 2025, the state’s wealthiest individuals continue to shape industries such as coal mining, infrastructure, manufacturing, and retail with remarkable vision and impact. This blog delves into the leading tycoons of Madhya Pradesh, shining a light on their net worth, businesses, and contributions.

Overview of Madhya Pradesh’s Top 10 Richest

RankNameNet Worth (₹ Crore)IndustryBusinessKey Highlights
1Vinod Agarwal₹9,500 CrCoal MiningAgarwal Coal CompanyRichest in MP; huge growth in assets; coal industry giant ​.
2Shyamsunder Mundhra₹3,410 CrSolar EnergyUjas EnergySecond richest; renewable energy pioneer ​.
3Sunil Patidar₹2,500 CrPumps & MotorsShakti PumpsThird richest; leader in solar pump manufacturing ​.
4Vinod Jain₹1,940 CrDetergentsShantinath DetergentsFourth richest; domestic market leader in cleaning products ​.
5Devendra Jain₹1,400 CrInfrastructureDilip Buildcon LtdFifth richest infrastructure magnate; expanding nationwide ​.
6Sudhir Agarwal₹1,300 CrInfrastructureDBL GroupSixth richest; rapid growth in infrastructure projects ​.
7Arun Ramani₹1,000 CrReal Estate, InvestmentTop N TownProminent real estate investor with regional influence ​.
8Vinod Kumar Agarwal₹750 CrCoal MiningAgarwal GroupInfluential coal mining family business ​.
9Manish Kumar Dabkara₹450 CrAgricultureKnown entrepreneur in agricultural solutions ​.
10Dilip Suryavanshi₹400 CrInfrastructureFast-growing industrialist in roads and power plants ​.

Deep Dive into Madhya Pradesh’s Business Elite

Vinod Agarwal – Coal Mining Magnate

At ₹9,500 crore, Vinod Agarwal is the wealthiest person in Madhya Pradesh, operating Agarwal Coal Company. His immense asset growth signifies his crucial role in India’s energy sector and regional economy.

Shyamsunder Mundhra – Solar Energy Innovator

As chairman of Ujas Energy, Mundhra diversifies the energy space through solar initiatives, navigating a modern and sustainable path for Madhya Pradesh.

Sunil Patidar – Pump Industry Leader

Sunil Patidar’s Shakti Pumps is recognized for pioneering solar water pumps, crucial for rural agricultural irrigation and industry.

Vinod Jain – Detergents Specialist

Leading Shantinath Detergents, Jain’s domestic market focus has made his company a key player in household cleaning products.

Devendra Jain – Infrastructure Visionary

Founder of Dilip Buildcon Limited, Devendra Jain propels major infrastructure projects in roads, airports, and dams with sustained success.

Sudhir Agarwal – Infrastructure Developer

With a portfolio covering highways, bridges, and power plants, Agarwal’s DBL Group reflects rapid growth and quality execution.

Arun Ramani – Real Estate Investor

Ramani’s Top N Town actively develops and invests in real estate opportunities, fostering regional urbanization.

Why Madhya Pradesh’s Wealthiest Matter

They embody Madhya Pradesh’s diverse industrial potential and commitment to infrastructure growth, energy transition, and urbanization, playing pivotal roles in India’s economic resurgence.

  • News18: Hurun India Rich List 2025
  • Jagran Josh: Top Richest People in India 2025

  • Madhya Pradesh Economy Growth: MP Economy Growth
  • India’s Business Leaders Spotlight: Indian Entrepreneurs

FAQs

Q1: Who is the richest person in Madhya Pradesh in 2025?
Vinod Agarwal leads with ₹9,500 crore net worth, driving the coal mining industry extensively.​

Q2: What sectors dominate the wealth of Madhya Pradesh’s richest?
Coal mining, infrastructure, solar energy, detergents, and real estate are the main sectors where Madhya Pradesh’s wealthiest operate..

Read More: Get A Magnificent List of Top 10 Richest man in India 2025

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