Ludhiana, often called the industrial capital of Punjab, has built its reputation on textiles, manufacturing, and exports. Over the years, the city has produced several influential entrepreneurs who have created massive wealth through business innovation and global expansion. In 2026, these individuals continue to shape not only Ludhiana’s economy but also India’s industrial growth.
At the top of the list stands Rajinder Gupta, the founder of Trident Group. With an estimated net worth of around ₹13,800 crore, he remains the richest person in Ludhiana. His business spans textiles, paper, and global exports, making Trident a major international brand.
Second is Paritosh Kumar of Happy Forgings, known for supplying high-quality automotive components worldwide. His company has grown from a small setup into a global supplier, placing him among the wealthiest industrialists in the region.
S.P. Oswal, chairman of Vardhman Group, ranks among the top names due to his strong presence in the textile sector. His company plays a key role in India’s yarn and fabric production.
Avinash Gupta and his family, associated with RN Gupta & Co, have built significant wealth in the steel forgings industry, which is crucial for manufacturing and infrastructure.
Onkar Singh Pahwa of Avon Cycles has contributed to making Ludhiana a bicycle manufacturing hub, with exports reaching many countries.
Anoop Bector, linked to the food and FMCG sector, has also earned a place among the richest through strong brand growth and market presence.
Gurdeep Singh, known for his work in auto components, represents the growing engineering and automotive ecosystem in Ludhiana.
Shiv Prasad Mittal, associated with steel manufacturing, has built wealth through industrial production and infrastructure support.
Rajinder Mittal, working in edible oils and biofuels, highlights the diversification of industries in the city.
Lastly, several emerging entrepreneurs in manufacturing and exports continue to join this list, reflecting Ludhiana’s strong business culture.
In conclusion, the richest individuals in Ludhiana have largely built their wealth through traditional industries such as textiles, steel, and manufacturing. Their success shows the power of consistency, scale, and global thinking. As industries evolve, this list is expected to change, but Ludhiana’s entrepreneurial spirit will remain constant.
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