As of April 2025, Punjab is home to several high-net-worth individuals who have built their wealth through diverse industries such as textiles, automotive components, agriculture, politics, and manufacturing. Leading the list is Rajinder Gupta, the richest person in Punjab 2025, whose Trident Group has become a global name in textiles and paper manufacturing.
This updated list highlights the top 10 wealthiest individuals and families in Punjab, showcasing their industry contributions and economic influence across the region.
🏆 Top 10 Richest People in Punjab (2025)
| Rank | Name | Net Worth (INR) | Industry | Overview |
|---|---|---|---|---|
| 1 | Rajinder Gupta | ₹13,800 crore | Textiles and Paper | Founder of Trident Group; recipient of the Padma Shri for his business impact. |
| 2 | Paritosh Kumar | ₹10,300 crore | Automotive Forgings | Head of Happy Forgings, a major player in India’s automotive parts sector. |
| 3 | SP Oswal | ₹7,400 crore | Textiles | Chairman of Vardhman Group, a textile manufacturing powerhouse. |
| 4 | Onkar Singh Pahwa | ₹1,700 crore | Bicycle Manufacturing | Owner of Avon Cycles, a leader in India’s bicycle export market. |
| 5 | Rajinder Mittal | ₹1,200 crore | Agro-Processing, Edible Oils | Chairman of BCL Industries; major investments in food and oil manufacturing. |
| 6 | Gurdeep Singh | ₹900 crore | Automotive Components | Founder of GS Radiators, specialized in radiator manufacturing. |
| 7 | Harbhajan Singh | ₹700 crore | Sports and Entertainment | Former cricketer; owns Bhajji Sports and other business ventures. |
| 8 | Sukhbir Singh Badal | ₹217 crore (combined) | Politics, Agriculture | SAD President and former Deputy CM; extensive land and business holdings. |
| 9 | Harsimrat Kaur Badal | ₹198 crore (combined) | Politics, Agriculture | Former Union Minister; joint wealth with husband Sukhbir Badal. |
| 10 | Taranjit Singh Sandhu | ₹32.75 crore | Politics | Prominent political leader from SAD with declared assets in crores. |
🌟 Key Insights
- Rajinder Gupta continues to lead as the richest person in Punjab 2025 with his Trident Group, contributing significantly to India’s textile exports and paper production.
- Paritosh Kumar of Happy Forgings represents the rising wealth in Punjab’s industrial and auto components sector.
- Textile giants like SP Oswal and Rajinder Mittal remain foundational to the state’s industrial base.
- The Badal family maintains a significant political and economic presence in Punjab through declared assets and agribusiness involvement.
- Notable figures like Harbhajan Singh and Gurdeep Singh reflect diversification from traditional industries to sports, manufacturing, and entertainment.
This list captures the evolving economic landscape of Punjab, where industrial leadership, entrepreneurial vision, and political influence converge to shape the state’s financial future.
