Meet multi-millionaire industrialist, who saw 78 percent rise in wealth, a close competitor of Mukesh Ambani, Gautam Adani, his name is…

New Delhi: India’s top 20 industrialists have witnessed a major profit in the first half of 2025. At a time when the market was in a volatile state, they achieved an average return of 15.6 percent, while the Sensex delivered a return of 7.11 percent. Satyanarayan Nuwal, Co-founder and Chairman of Solar Industries, saw the highest rise in wealth, with a massive surge of 78.4 percent. His company manufactures explosives, detonators, drones, and ammunition.

It is important to note that out of the top 20, 14 industrialists experienced a wealth increase of at least 8.5 percent. Only 6 saw their wealth decline, ranging between 4 percent and 25 percent. During this time, Ravi Jaipuria, Chairman of RJ Corp, witnessed a 24.6 percent drop in his wealth.

Meet Satyanarayan Nuwal:

  • Satyanarayan Nuwal, 72, began his Solar Industries India in 1995
  • Solar Industries India started to trade in industrial explosives then started manufacturing them.
  • The biggest chunk of its annual revenue is from exports, followed by housing and infrastructure, state-owned coal companies and the defense sector.
  • Satyanarayan Nuwal is the son of a government employee
  • Nuwal set up his first business, an ink manufacturing unit in 1970 at age 18.
  • It has 25 manufacturing locations across India and exports to more than 50 countries.
  • Nuwal and his brother Kailashchandra, also a billionaire, have been embroiled in a feud since 2020.

Here in this article, we have listed the names of four corporate leaders who surprised everyone

1. Murali Divi (74): Founder & MD, Divi’s Laboratories

From an American scientist to a successful pharmaceutical entrepreneur

Net worth: ₹95,734 crore

All About Murali Divi:

  • Divi’s Laboratories is known for its expertise in Active Pharmaceutical Ingredients (APIs)
  • Murali Divi is renowned for his journey from being a scientist in the US to becoming a successful entrepreneur.
  • Instead of chasing profits, he has focused on innovation, high quality, and sustainable growth in business.

2. Vikram Lal (83): 96% Market Share in 500-800cc Bike Segment

Founder, Eicher Motors

Net worth: ₹87,186 crore

All About Vikram Lal

  • Eicher Motors is widely recognized for Royal Enfield.
  • The company holds a 96% market share in the 500-800cc motorcycle segment.
  • It also has a joint venture with Volvo for trucks and buses. The company has preserved the legacy of one of the oldest motorcycle brands.

3. Benu Bangur (94): Delivered Triple the Returns of Sensex This Year

Chairman Emeritus, Shree Cement

Net worth: ₹72,655 crore

All About Benu Bangur

  • Shree Cement sells cement under brands like Ultra Jung Rodhak, Bangur Cement, and Rockstrong.
  • Honorary chairman Benu Bangur belongs to a prominent business family from Kolkata. The company is among the most cost-efficient cement producers in India.

4. Satyanarayan Nuwal (72): Over 40% Returns in the Past Three Years

Co-founder and Chairman, Solar Industries

Net worth: ₹67,527 crore

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