Top 10 Richest Women of India

India, a land of diverse landscapes and booming industries, also boasts a remarkable group of women who have climbed the financial ladder to reach the top. These inspiring individuals have not only shattered glass ceilings but also built empires across various sectors, amassing impressive fortunes along the way. Let’s delve into the stories of some of the richest women in India and explore the diverse sources of their wealth.

The richest women of India with their net worth and key details:

Name Net Worth (USD) Source of Wealth Key Achievements
Savitri Jindal $18 billion O.P. Jindal Group (steel, power, cement, infrastructure) Padma Bhushan awardee, Jindal Foundation philanthropist
Kiran Mazumdar-Shaw $11.9 billion Biocon (biotechnology, insulin, biopharmaceuticals) Padma Bhushan and Padma Shri awardee, Forbes’ 100 Most Powerful Women
Mallika Srinivasan $9.8 billion TAFE (tractors, farm equipment, construction, automotive components) Padma Bhushan awardee, Forbes’ World’s 100 Most Powerful Women
Radhakishan Damani $8.4 billion Avenue Supermarts and D-Mart (retail) Revolutionized Indian retail, focus on value and affordability
Smita V Crishna $4.4 billion Metropolis Healthcare (diagnostics) Padma Shri awardee, Forbes’ Asia’s 50 Power Businesswomen

 

1. Savitri Jindal:

The matriarch of the Jindal Group, Savitri Jindal, inherited a vast steel and mining empire after the untimely demise of her husband. With unwavering determination, she steered the company through challenging times, diversifying into infrastructure, power, and cement. Her sharp business acumen and strategic investments have solidified her position as one of India’s wealthiest women.

  • Inherited the O.P. Jindal Group after her husband’s death and transformed it into a $18 billion empire.
  • Diversified the group into sectors like power, cement, and infrastructure.
  • Actively involved in philanthropy through the Jindal Foundation, focusing on education and healthcare.
  • Awarded the Padma Bhushan, one of India’s highest civilian awards, in 2005.
  • Featured in Forbes’ list of the 100 Most Powerful Women in the World in 2019.

2. Kiran Mazumdar-Shaw:

A self-made billionaire, Kiran Mazumdar-Shaw is the visionary behind Biocon, a leading biotechnology company. Her pioneering spirit and commitment to innovation have transformed the Indian healthcare landscape, making her a role model for aspiring entrepreneurs. Biocon’s success in areas like insulin production and contract research has contributed significantly to Mazumdar-Shaw’s wealth.

  • Founded Biocon, a leading biotechnology company developing affordable insulin and other biopharmaceuticals.
  • Revolutionized diabetes care in India by making insulin accessible to millions.
  • Established Biocon as a global leader in contract research and manufacturing.
  • Awarded the Padma Bhushan in 1998 and Padma Shri in 1989 for her contributions to science and medicine.
  • Featured in Forbes’ list of the 100 Most Powerful Women in the World multiple times.

 

3. Mallika Srinivasan:

At the helm of TAFE, a diversified engineering conglomerate, Mallika Srinivasan has carved a niche for herself in the male-dominated world of manufacturing. Her focus on quality, sustainability, and rural development has not only propelled TAFE’s growth but also earned her accolades and recognition. Srinivasan’s prudent leadership and strategic acquisitions have been key to her financial success.

  • Chairperson of TAFE, a diversified engineering conglomerate known for its tractors and farm equipment.
  • Championed rural development and agricultural mechanization, empowering farmers across India.
  • Led TAFE’s expansion into diverse sectors like construction and automotive components.
  • Awarded the Padma Bhushan in 2016 for her contributions to industry and trade.
  • Featured in Forbes’ list of the World’s 100 Most Powerful Women in 2019.

 

4. Radhakishan Damani:

The retail queen of India, Radhakishan Damani, has built a retail empire through her supermarket chains, Avenue Supermarts and D-Mart. Her focus on value-driven retail, coupled with a frugal and efficient business model, has resonated with Indian consumers, leading to D-Mart’s phenomenal success. Damani’s wealth has been primarily driven by the company’s strong performance on the stock market.

  • Built a retail empire through Avenue Supermarts and D-Mart, known for their focus on value and affordability.
  • Revolutionized the Indian retail landscape by offering high-quality products at competitive prices.
  • Pioneered the concept of membership-based wholesale stores in India with D-Mart.
  • Known for his frugal lifestyle and focus on operational efficiency.
  • Consistently ranked among the richest people in India.

5. Smita V Crishna:

From humble beginnings to the helm of India’s largest diagnostics chain, Metropolis Healthcare, Smita V Crishna’s journey is an inspiring testament to hard work and dedication. Her commitment to providing affordable and accessible healthcare has not only transformed lives but also propelled Metropolis to the forefront of the industry. Crishna’s wealth is largely attributed to the company’s impressive growth and successful IPO.

  • Chairperson and Managing Director of Metropolis Healthcare, India’s largest diagnostics chain.
  • Transformed healthcare diagnostics by making it accessible and affordable for millions of Indians.
  • Established Metropolis as a leader in quality and innovation within the Indian healthcare sector.
  • Awarded the Padma Shri in 2012 for her contributions to healthcare.
  • Featured in Forbes’ list of Asia’s 50 Power Businesswomen in 2019.

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