India’s 100 Richest
Stepping Up
S
uccession lines are being drawn in several business groups with
the next-gen, sporting foreign degrees, stepping up and assum-
ing key positions in their families’ empires. Their dads, however,
continue to play strategic roles. – A.R.NISABA GODREJ, 39
EXECUTIVE CHAIRMAN, GODREJ CONSUMER PRODUCTS
M.B.A., HARVARD BUSINESS SCHOOL
Adi Godrej’s youngest daughter succeeded him at the family’s consumer goods
flagship in May. Nisa has played a key role in expansion across Asia, Africa and
Latin America. Younger brother Pirojsha, 36, took charge this year as executive
chairman of real estate unit Godrej Properties. Older sister Ta n ya, 49, is the
group’s chief brand officer and has board seats at group companies.
SHARVIL PATEL, 38
MANAGING DIRECTOR, CADILA HEALTHCARE
PH.D., UNIVERSITY OF SUNDERLAND
Third-generation scion of pharma clan was named
managing director of the $1.5 billion (revenue) generic
drugs maker Cadila Healthcare in July. Appointment
capped a 2-decade stint under dad Pankaj Patel’s
(No. 22) tutelage. Sharvil plans to sharpen Cadila’s
focus on India and emerging markets.PARTH JINDAL, 27
MANAGING DIRECTOR, JSW CEMENT
M.B.A., HARVARD BUSINESS SCHOOL
Youngest of 3 siblings and the only son of steel and power tycoon
Sajjan Jindal runs the family’s privately held cement maker. Parth
wants to double cement capacity to more than 20 million tons a
year and list the firm. A football fanatic, he also oversees the group’s
football club, Bengaluru FC, which plays in the Indian Super League.SHASHWAT GOENKA, 27
HEAD, SPENCER’S RETAIL
B.A., WHARTON SCHOOL, UNIVERSITY
OF PENNSYLVANIA
Son of Sanjiv Goenka (No. 73), was given charge of
loss-making hypermarket chain Spencer’s in 2013
at age 23. The scion has improved margins and
revenues, though Spencer’s has yet to turn profitable.
He’s also helping his father with their newly launched
packaged-snacks business, Too Yumm.GOENKA: SAIKAT PAUL/PACIFIC PRESS/LIGHTROCKET VIA GETTY IMAGES