Global India Rich list 2016

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Asian Voice Global India Rich List - 2016

12 103(-)

Ajay Kalsi

Energy - $ 1.35bn

104(127)

India

I

Agrochemicals - $ 1.3bn

India

U

ndus Gas has rights to vast natural gas blocks in Rajasthan and Gujarat. The company was founded by Ajay Kalsi, who also chairs it. He floated it on the London Stock Exchange in 2008 while still retaining a 64% stake. Share sales and other interests make up his wealth, notwithstanding falling energy prices.

nited Phosphorus is the largest producer of agrochemicals in India and a major producer of crop protection products, intermediates, speciality chemicals and other industrial chemicals in the world. It’s chaired by Rajju Shroff. Over 75% of the company’s revenues come from outside India. In 2012 it acquired the Dutch seed manufacturer Advanta Seeds for $130 million.

104(101)

Dilip and Anand Surana

Pharmaceuticals - $ 1.3bn

Rajju Shroff

India

104(118)

Azad Moopen

Healthcare - $ 1.3bn

Dubai

A

M

icro Labs is a Bangalore-based pharmaceuticals firm. It makes generic drugs which it sells domestically as well as exports to some 35 countries. Its products include a tablet which increases the platelet count in patients treated for dengue fever. In 2015 it had sought the US approval to make 75 medicines for eye care, pain management and hypertension. Among its 16 factories one is in Sikkim and the other in Africa. The firm is run by brothers Dilip and Anand Surana.

ster DM Healthcare is a chain of hospitals, polyclinics, pharmacies and diagnostic centres across the UAE, Qatar, Oman and Saudi Arabia. Azad Moopen, a doctor, moved to Dubai in 1987 before venturing into what is now a multi-billion business, treating 10 million patients annually and employing 1,000 doctors, in which Moopen has a 57% stake. He is also involved in developing healthcare facilities in India. Moopen sets aside one-fifth of his income each year for philanthropic causes. 43


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Global India Rich list 2016 by Asian Business Publications Ltd - Issuu