Top 10 Richest Person in Ludhiana In 2026
Ludhiana is an incredibly important city for industry and is one of India’s top cities for its textile, bicycle, steel forging and exporting industries. Many successful entrepreneurs have established significant business empires in Ludhiana.
The following list consists of some of the wealthiest businessmen connected with Ludhiana as of 2025, including their area of expertise and estimated Net worth.
1. Sunil Bharti Mittal – Bharti Enterprises
Estimated Net Worth: ₹58,000 crore
Industry: Telecommunications
Sunil Bharti Mittal is the founder/chairman of Bharti Enterprises, the parent company of Bharti Airtel, one of the biggest telecom companies in India. His company operates worldwide, but he began his entrepreneurial career in Ludhiana. Sunil is now one of the most powerful business leaders in India.
2. Rajinder Gupta – Trident Group
Estimated Net Worth: ₹13,800 crore
Industry: Textiles and Paper
Rajinder Gupta is the founder/chairman of Trident Group, a major textile and paper manufacturer in India that grew from modest beginnings to become a major force in the industry. His accomplishments were recognised with a Padma Shri award.
3. S. P. Oswal – Vardhman Group
Estimated NET worth: ₹4,600 crore
Industry: Textiles
S.P. Oswal is the managing director of Vardhman Group, one of the major textile manufacturers in India. He has grown the company significantly under his leadership.
3. S.P. Oswal - Vardhman Group
Approximate Net Worth: ₹4,600 Crore
Business Sector: Textiles
Vardhman Group, one of India’s largest textile manufacturers, is led by S.P. Oswal as the Group’s Managing Director. He has significantly increased the size of the company during his time as managing director.
4. Avinash Gupta and Family - RN Gupta & Co
Approximate Net Worth: ₹2,800 Crore
Business Sector: Forged Steel Components
The Gupta Family owns RN Gupta & Co, which produces forged steel components for automotive and industrial customers around the world.
5. Onkar Singh Pahwa - Avon Cycles Group
Approximate Net Worth: ₹1,700 Crore
Business Sector: Bicycle Manufacturing
Onkar Singh Pahwa is the leader of Avon Cycles and one of the leading bicycle manufacturers in India. The Avon brand is very popular in both the domestic and international markets.
6. R.K. Garg - Garg Acrylics Ltd.
Approximate Net Worth: ₹1,200 Crore
Business Sector: Textiles
R.K. Garg founded Garg Acrylics Ltd., one of the leading producers of acrylic fibers in India. The company provides raw materials to many garment manufacturing companies in India.
7) GS Radiators - Gurdeep Singh
₹900 crore in net worth
automotive and components
GS Radiators is an automotive component manufacturer operating as a subsidiary of Gurdeep Singh.
8) Harbhajan Singh, sports and business ventures
₹700 crore in net worth
sports & entertainment
Harbhajan Singh — popularly known as "Bhajji" — is an ex-cricketer who has ventured into producing sports equipment and entertainment productions.
9) Manjit Singh - Manjit Group
₹650 crore in net worth
real estate/infrastructure
Manjit Singh's company—Manjit Group—has led Ludhiana's development by providing real estate infrastructures.
10) Kuldip Singh - KS Oils
₹600 crore in net worth
edible oils
Kuldip Singh's edible oils business—KS Oils—has nationally distributed edible oil products.
Key Insights:
Sunil Bharti Mittal is the top entrepreneur among Ludhiana entrepreneurs due to owning Bharti Airtel, the largest telecom service provider in India.
Ludhiana's economy is fueled by four major industries: textiles, bicycles, steel forges, and fabrication.
Rajinder Gupta and S. P. Oswal have contributed to the success of Ludhiana postitioning it as the leading city of textile manufacturing in India.
A lot of businesses started in Ludhiana as the founder's family business, or have grown into larger internationally recognized business empires.
