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Asian Voice Global India Rich List - 2016
67(-)
Mannalal Agrawal and Family
Pharmaceuticals - $ 1.9bn
67(123)
India
A
he Muthoot Group was founded in 1887. Its flagship Muthoot Finance is India’s leading lender against gold. It has over 27 million customers, more than 4,200 branches and around 120 tons of gold in its possession. George Muthoot, grandson of the founder, is its chairman. Earlier he was its managing director. He runs the Kochibased operation with his two brothers.
67(120)
Pharmaceuticals - $ 1.9bn
M
India
acleod Pharmaceuticals, established in 1986, is one of the rapid growing pharma companies in India. It is privately held by Rajendra Agarwal, who is a doctor by training; and focuses on making drugs to fight TB, Malaria and HIV. It has more recently been expanding into high growth segments like diabetes and cardiovascular diseases.
32
Financial Services - $ 1.9bn
India
T
janta Pharma was set up in 1973 by Mannalal Agrawal and his brothers. Its shares have doubled in the past year. It sells its drugs in 35 countries. It will soon be entering the US market with a medicine for asthma.
Rajendra Agarwal and Family
M G George Muthoot and Family
74(107)
Hasmukh Chudgar
Pharmaceuticals - $ 1.85bn
A
hmedabad-based Intas Pharmaceuticals is among India’s fastest growing pharma companies. Founded in 1976 by Hasmukh Chudgar, it sells generic medicines out of 10 factories in over 70 countries. The firm is reported to be in talks with Sun Pharmaceuticals to sell Intas.
India