Get A Magnificent List of the Richest Man in Madhya Pradesh

Richest Man in Madhya Pradesh

Madhya Pradesh is the 10^th 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.

 
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

Rank	Name	Net Worth (₹ Crore)	Industry	Business	Key Highlights
1	Vinod Agarwal	₹9,500 Cr	Coal Mining	Agarwal Coal Company	Richest in MP; huge growth in assets; coal industry giant ​.
2	Shyamsunder Mundhra	₹3,410 Cr	Solar Energy	Ujas Energy	Second richest; renewable energy pioneer ​.
3	Sunil Patidar	₹2,500 Cr	Pumps & Motors	Shakti Pumps	Third richest; leader in solar pump manufacturing ​.
4	Vinod Jain	₹1,940 Cr	Detergents	Shantinath Detergents	Fourth richest; domestic market leader in cleaning products ​.
5	Devendra Jain	₹1,400 Cr	Infrastructure	Dilip Buildcon Ltd	Fifth richest infrastructure magnate; expanding nationwide ​.
6	Sudhir Agarwal	₹1,300 Cr	Infrastructure	DBL Group	Sixth richest; rapid growth in infrastructure projects ​.
7	Arun Ramani	₹1,000 Cr	Real Estate, Investment	Top N Town	Prominent real estate investor with regional influence ​.
8	Vinod Kumar Agarwal	₹750 Cr	Coal Mining	Agarwal Group	Influential coal mining family business ​.
9	Manish Kumar Dabkara	₹450 Cr	Agriculture		Known entrepreneur in agricultural solutions ​.
10	Dilip Suryavanshi	₹400 Cr	Infrastructure		Fast-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