december 29, 2017 forbes india | 35the list
kM MAMMen, 67
$1.16 billion
MRF
Head of sprawling clan chairs $2.3 billion
(revenue) MRF, one of India’s leading
tyre makers. The company was started
by his father in 1946 as a manufacturer
of toy balloons. Mammen’s son Rahul
became managing director in May.rG ChAndrAMoGAn, 68
$1.13 billion
HATSUN AGRO PRODUCT
Chandramogan, who never went to
college, started a tiny venture in 1970
to make ice cream, which initially
was sold on pushcarts. Today his
listed Hatsun Agro Product is India’s
largest private dairy, procuring milk
directly from 300,000 farmers daily.
koChousePh ChittiLAPPiLLy, 66
$1.11 billion
V-GUARD INDUSTRIES, WONDERLA HOLIDAYS
In 1977, Chittilappilly borrowed $1,500 from his father to set up
a small unit to make voltage stabilisers in Kochi in South India.
He built it over four decades into $335 million (revenue) V-Guard
Industries. He expanded into amusement parks in 2000 with
Wonderla Holidays.
sAnjAy LALbhAi, 63
$1.1 billion
ARVIND
India’s denim king and the fourth generation of a
storied textile clan in the city of Ahmedabad. His
Arvind has launched several international brands in
India, such as Arrow, Tommy Hilfiger and Gap.
AniL kuMAr MittAL, 65
$1.05 billion
KRBL
With roots in cotton spinning and commodity trading,
Mittal’s KRBL is the country’s largest rice miller and
exporter of basmati rice, which it sells under the
popular India Gate brand.tArAnG jAin, 55
$1 billion
VARROC ENGINEERING
Nephew of two-wheeler tycoon Rahul Bajaj
(No 15) started his auto parts business in 1990. His
twin brother, Anurang (No 79), runs his own listed
outfit. Privately held Varroc was coined from the
names of their wives.76
MofAtrAj Munot
$1.95 BILLION
KALPATARU AGE: 72.
77
MurALi divi
$1.94 BILLION
DIVIS LABORATORIES
AGE: 66
78
rAMesh junejA
$1.92 BILLION
MANKIND PHARMA
AGE: 64
79
AnurAnG jAin
$1.91 BILLION
ENDURANCE TECHNOLOGIES
AGE: 55
80
rAnjAn PAi
$1.9 BILLION
MANIPAL GROUP AGE: 44
81
vikAs oberoi
$1.87 BILLION
OBEROI REALTY AGE: 47
82
rAvi jAiPuriA
$1.84 BILLION
RJ CORP AGE: 62
83
sALiL sinGhAL
$1.83 BILLION
PI INDUSTRIES AGE: 70
84
nr nArAyAnA Murthy
$1.82 BILLION
INFOSYS AGE: 71
85
nirAv Modi
$1.8 BILLION
FIRESTAR DIAMOND AGE: 46
86
rAjju shroff
$1.77 BILLION
UPL AGE: 83
87
sunder GenoMAL
$1.75 BILLION
PAGE INDUSTRIES AGE: 63
UP MORE THAN 10% DOWN MORE THAN 10%
NEW TO LIST RETURNEE