Richest Man in Indore as of 2025: All You Need to Know
The largest city in Madhya Pradesh and the state’s center for information technology is Indore. We’ll examine the top ten richest persons in Indore in this piece. Madhya Pradesh is definitely one of the biggest states in India. In MP, the state has a gross domestic product of Rs. 9.17 trillion or US$110 Billion.
Table of Contents
Here is the list of the Top Richest Man in Indore as of 2025:
1. Vinod Agarwal
Net worth: $750 million (6000 crores)
Vinod Agarwal has been in the company for more than 40 years. His tale, as a merit holder who began working at the tender age of fifteen, is incredibly motivating. Additionally connected to numerous trusts and NGOs is a man of amazing vision and modest beginnings.
Under his direction, the Balaji Sewarth Vinod Agarwal Foundation has been actively pursuing initiatives in the fields of healthcare, education, environmental preservation, and infrastructure development to enhance lives and empower societies.
2. Sunil Chordia
Net Worth: $500 million (4100 crores)
The biography of Sunil Chordia. His affiliation with Rajratan Global Wire LTD, a well-known company in the wire and cable industry, has made him a well-known businessman and entrepreneur from India. According to reports as of the September 2022 cutoff, Sunil Chordia’s net worth was estimated to be $500 million. The elected Chairman of the CII Western Region is Sunil Chordia, Chairman and MD of Rajratan Global Wire.
Rajratan Global Wire’s expansion and success have been greatly aided by Chordia. The company is well-known for its skill in producing automotive wires and cables, and it has its headquarters in Indore, Madhya Pradesh. Rajratan Global Wire, one of the top providers in its sector, has made significant headway in the global market under Chordia’s direction.
3. Manish Kumar Dabkara and family
Net Worth: $450 million (3500 crore)
Mr. Manish Dabkara is an Indore native from Mahu. With a Master’s in Energy and Environment Management and a Bachelor’s in Electrical Engineering, he is qualified to work as an energy auditor. His unwavering conviction that “Life is for learning forever” inspires and motivates him to pursue excellence, pick up new abilities, and learn new things. He has completed multiple quality and management certifications from IIM Ahmadabad, IIM Indore, CII, GIZ, and BEE since he is a lifelong learner.
Read More: Get A Magnificent List of the Top 10 Richest Men in India 2025
FAQs
Who is the Richest Man in Indore as of 2025?
Vinod Agarwal, Managing Director of Agarwal Coal Corporation Pvt Ltd, hails from Indore—the cleanest city in India—and is celebrated not only as the richest man in Madhya Pradesh but also as a significant figure among India’s wealthiest. His strategic vision and business acumen have propelled his company to national prominence, making him a top wealth creator and a powerful example of how regional success can translate into national recognition.
