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:
Vinod Agarwal – Coal Mining Magnate
At ₹9,500 crore, Vinod Agarwal is the richest person from Indore. He leads the Agarwal Coal Company, a dominant player in India’s coal industry, and has seen tremendous asset growth, reinforcing his status as a key industrialist.
Shyamsunder Mundhra – Renewable Energy Leader
Mundhra’s Ujas Energy is spearheading clean energy adoption with solar solutions, ranking him second in Indore’s wealth hierarchy.
Sunil Patidar – Solar Pumps Pioneer
Leading Shakti Pumps, Patidar has played a crucial role in advancing solar-powered irrigation, vital for rural India’s agriculture.
Vinod Jain – FMCG Specialist
Jain’s Shantinath Detergents commands a substantial share in India’s consumer goods, reflecting his business acumen.
Vinod Kumar Agarwal – Construction Expert
Building on family legacy, Vinod Kumar has expanded his construction and infrastructure ventures, contributing extensively to Indore’s urban growth.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.
