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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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
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
 
			 
					






