India’s top first-gen families with dynamic next-gen leaders

By Vivek Dubey

CNBC-TV18.com

Published Aug 08, 2024

Adani Family

Adani Enterprise, founded by Gautam Adani, leads with a massive valuation of ₹1,544.50 lakh crore, dominating the energy sector.

Poonawalla Family

Serum Institute of India, managed by Cyrus Poonawalla, is valued at ₹237.10 lakh crore, making a significant impact in pharmaceuticals.

Divi Family

Divi’s Laboratories, led by Murali K Divi, holds a valuation of ₹91.20 lakh crore, securing its position as a major player in pharmaceuticals.

Reddy Family

Apollo Hospitals Enterprise, founded by Prathap C Reddy, stands at ₹88.80 lakh crore, highlighting its substantial role in healthcare.

Chudgar Family

Intas Pharmaceuticals, under Hasmukh Chudgar’s management, boasts a valuation of ₹78.00 lakh crore, reflecting strong pharmaceutical growth.

Nuwal Family

Solar Industries India, led by SN Nuwal, is valued at ₹76.90 lakh crore, showing a robust presence in chemicals and petrochemicals.

Reddy Family

Megha Engineering & Infrastructures, spearheaded by PP Reddy, holds a valuation of ₹75.10 lakh crore, making strides in construction and engineering.

Patel Family

Nirma, led by Karsanbhai Patel, is valued at ₹51.20 lakh crore, showcasing its extensive influence in the fast-moving consumer goods (FMCG) sector.

Grandhi Family

GMR Group, founded by Grandhi Mallikarjuna Rao, stands at ₹47.80 lakh crore, highlighting its significant role in construction and engineering.

Hiranandani Family

Hiranandani Communities, founded by Niranjan Hiranandani, holds a valuation of ₹33.30 lakh crore, marking its prominence in real estate.

Source: 2024 Barclays Private Clients Hurun India Most Valuable Family Businesses