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Hyderabad, known for its thriving IT and pharmaceutical sectors, is home to some of India’s wealthiest individuals. These business leaders have built vast empires across various industries, from pharmaceuticals to infrastructure development. Here’s a look at the top 10 richest people in Hyderabad and the companies they lead.
1. Murali Divi – Rs. 76,100 crore
Company: Divi’s Laboratories
Murali Divi is the founder of Divi’s Laboratories, one of the largest pharmaceutical companies in India. The company is a global leader in the production of active pharmaceutical ingredients (APIs) and intermediates, supplying to major drug manufacturers worldwide.
2. P. Pitchi Reddy – Rs. 54,800 crore
Company: Megha Engineering & Infrastructures Ltd. (MEIL)
P. Pitchi Reddy is one of the key figures behind Megha Engineering, a leading infrastructure company involved in major projects across sectors like water, irrigation, transportation, and energy. MEIL has made a significant impact on both the Indian and global infrastructure markets.
3. P.V. Krishna Reddy – Rs. 52,700 crore
Company: Megha Engineering & Infrastructures Ltd. (MEIL)
P.V. Krishna Reddy, along with P. Pichai Reddy, co-founded Megha Engineering. The company has seen tremendous growth, playing a crucial role in national development projects, contributing to its founders’ substantial wealth.
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4. B. Parthasaradhi Reddy – Rs. 29,900 crore
Company: Hetero Labs
B. Parthasaradhi Reddy is the driving force behind Hetero Labs, one of India’s largest pharmaceutical companies, especially known for its production of generic medicines. The company played a significant role in the global supply of COVID-19 medicines and vaccines.
5. S. S. Reddy – Rs. 22,100 crore
Company: Aparna Constructions
S. S. Reddy co-founded Aparna Constructions, a real estate giant in Hyderabad. The company has developed numerous residential and commercial projects across the city, making a significant impact on Hyderabad’s skyline.
6. C. Venkateswara Reddy – Rs. 21,900 crore
Company: Aparna Constructions
C. Venkateswara Reddy, another key player in Aparna Constructions, has helped the company expand its footprint in Hyderabad’s booming real estate market. The company’s luxury residential projects are highly sought after by high-net-worth individuals.
7. M. Satyanarayana Reddy – Rs. 18,500 crore
Company: MSN Laboratories
M. Satyanarayana Reddy is the founder of MSN Labs, a leading global player in pharmaceutical manufacturing. The company has a diverse portfolio, specializing in APIs, finished dosages, and formulations, making significant contributions to healthcare.
8. Jupally Rameswar Rao – Rs. 18,400 crore
Company: My Home Group
Jupally Rameswar Rao heads My Home Group, a major player in the cement and construction materials industry. My Home Group has become a household name in South India, especially known for its cement brand “Maha Cement.”
9. K. Satish Reddy – Rs. 18,100 crore
Company: Dr. Reddy’s Laboratories
K. Satish Reddy is the chairman of Dr. Reddy’s Laboratories, a multinational pharmaceutical company headquartered in Hyderabad. Dr. Reddy’s is known for its generic drugs, biopharmaceuticals, and over-the-counter products, with a strong global presence.
10. Mahima Datla – Rs. 13,600 crore
Company: Biological E
Mahima Datla is the managing director of Biological E, a leading vaccines manufacturer in India. The company played a critical role during the COVID-19 pandemic, manufacturing vaccines on a large scale and making a name for itself in the global pharmaceutical industry.
Hyderabad’s growth as a major hub for pharmaceuticals, infrastructure, and real estate has propelled these business magnates to great heights. Each of these individuals has not only amassed significant wealth but has also played a pivotal role in the city’s economic development and global reach. As Hyderabad continues to thrive, these industry leaders remain at the forefront, shaping the future of their respective sectors.
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