The document summarizes the top 40 richest people in India according to Forbes magazine. It provides details on each person such as their net worth, industry, location, family status, and associated companies. Two key industries that have created many of the fortunes are technology and pharmaceuticals. The minimum net worth needed to make the list was $305 million. The richest person is Lakshmi Mittal with $11.2 billion in steel, while others made their money in industries like software, drugs, consumer products, and infrastructure.

1. Source : Forbes 1

2. Source : Forbes 2
• Two high-growth industries, technology and
pharmaceuticals, have created half of India's top 40
fortunes. Nineteen of the 40 richest started entirely from
scratch. While Mumbai is home to 40% of list members,
others hail from emerging hot spots like Bangalore and
Delhi. A minimum net worth of $305 million was needed to
make the cut for the list.
• Eleven list members made their money in technology,
including six who were cofounders of software firm Infosys
Technologies. Another nine owe their fortunes to
pharmaceuticals. Several produce and sell generics
overseas--like Yusuf Hamied, who heads leading generics
producer Cipla. Biotech pioneer Kiran Mazumdar-Shaw is
the sole female on the list.

3. Source : Forbes 3
#1
Lakshmi Mittal
$11.2 billion / London
54. Married. 2 Children.
This steel titan is set to control the world's largest
steel company when his Ispat International and
LNM Holdings acquire International Steel.
Combined entity will be $30 billion (sales) Mittal
Steel, 88%-owned by Mittal himself.
Associated Companies: spat International

4. Source : Forbes 4
#2
Azim Premji
$10.0 billion / Bangalore
59. Married. 2 Children.
Owns 84% of $1.3 billion (sales) Wipro, India's
second-biggest InfoTech company. Riding
outsourcing wave. Recently traded his eight-year-
old Ford Escort for a new Toyota Corolla.
Associated Companies:Wipro

5. Source : Forbes 5
#3
Mukesh & Anil Ambani
$6.4 billion / Mumbai
Two years after the death of their father, Reliance group's founder
Dhirubhai Ambani, brothers are feuding: Older son Mukesh reportedly
wants control of the $22 billion (sales) diversified group. News of rift, which
became public in November, sent stock tumbling.
Associated Companies: Reliance Industries

6. Source : Forbes 6
#4
Kumar Mangalam Birla
$3.5 billion / Mumbai
37. Married. 3 Children.
Fourth-generation head of $6 billion (sales)
commodities conglomerate, with operations in
nine countries, including palm oil in Malaysia.
India's largest cement producer.
Associated Companies:Hindalco Industries

7. Source : Forbes 7
#5
Pallonji Mistry
$2.9 billion / Mumbai
75. Married. 4 Children.
Construction tycoon benefiting from 18.4% stake in
Tata Sons, holding company of Tata conglomerate.
Newly listed Tata Consultancy Services recently
worth $13 billion. Rarely seen in public

8. Source : Forbes 8
#6
Sunil Mittal
$2.6 billion / Delhi
47. Married. 3 Children.
His Bharti group, the country's largest GSM-based
cellular service provider, is benefiting from India's
booming middle class. New venture to export fruits
and vegetables with the Rothschild family.
Associated Companies:Bharti Tele-Ventures

9. Source : Forbes 9
#7
Shiv Nadar
$2.3 billion / Delhi
59. Married. 1 Children.
From modest beginnings in his garage, built and still
chairs $1.2 billion (revenues) HCL Group, a leading
InfoTech provider. Commutes between California
and Delhi.
Associated Companies: HCL Group

10. Source : Forbes 10
#8
Adi Godrej
$1.9 billion / Mumbai
62. Married. 3 Children
Third generation to head $1 billion (sales) Godrej
Group, whose businesses include soaps, hair
dyes, office furniture and mosquito repellent. One
of Mumbai's biggest landowners, has benefited
from rising real estate prices.
Associated Companies: Godrej

11. Source : Forbes 11
#9
Malvinder & Shivinder
Mohan Singh
$1.5 billion / Delhi
Two brothers inherited family's 33.5% stake in
leading pharmaceuticals firm Ranbaxy Laboratories
five years ago because of the premature death of
their dynamic father, Parvinder Singh. Older brother
Malvinder was recently named to its board, while
Shivinder looks after a subsidiary.
Associated Companies: Ranbaxy

12. Source : Forbes 12
#9
Dilip Shanghvi
$1.5 billion / Mumbai
49. Married. 2 Children.
With loan from his father started manufacturing
psychiatric drugs in 1983. His Sun Pharmaceuticals
has a stake in Caraco Pharmaceutical Labs, a U.S.
generic drug company.
Associated Companies: Sun Pharmaceuticals

13. Source : Forbes 13
#11
Anil Agarwal
$1.2 billion /
London/Mumbai
51. Married. 2 Children.
Turned small scrap metal business into metals and
mining company with copper, zinc and aluminum
assets. Listed his Vedanta Resources on the London
Stock Exchange last year, raising $825 million.

14. Source : Forbes 14
#12
Shashi & Ravi Ruia
$1.1 billion / Mumbai
Brothers turned modest inheritance into $4.4
billion (assets) Essar Group with interests in steel,
shipping, power, construction and telecom.
Dragged down by debt but now rebounding.
Associated Companies: Essar Group

15. Source : Forbes 15
#13
Om Prakash Jindal
$1.0 billion / Delhi
74. Married. 9 Children.
Founder of $3 billion (sales) Jindal Group,
started out trading steel pipes. Carved up steel
and-power conglomerate among four sons who
run their groups independently.
Associated Companies: Jindal Group

16. Source : Forbes 16
#14
Rahul Bajaj
$850 million / Pune
66. Married. 3 Children.
Since 1965 has run $1.1 billion (sales) Bajaj
Auto, flagship of Bajaj Group founded by his
grandfather, a confidante of Mahatma Gandhi.
Tensions with estranged brother Shishir
threaten to divide this fortune.
Associated Companies: Bajaj Group

17. Source : Forbes 17
#15
N R Narayana Murthy
$825 million / Bangalore
58. Married. 2 Children.
Son of a small-town schoolteacher, he and six
partners founded $1 billion (sales) Infosys
Technologies, now a leading software firm
benefiting from outsourcing boom. Remains
chairman.
Associated Companies: Infosys Technologies

18. Source : Forbes 18
#16
Subhash Chandra
$760 million / Mumbai
54. Married. 3 Children.
Former rice trader, launched Zee TV in 1992.Now
reaches 250 million viewers. At peak, worth $3
billion. Stock never recovered. After a parade of
professionals, entrusted operations to relatives.
Other interests: packaging, theme parks.
Associated Companies: Zee Network

19. Source : Forbes 19
#16
Yusuf Hamied
$760 million / Mumbai
68. Married.
Heads leading generics producer Cipla, founded
by his father in 1935.With brother, owns 41% of
company. Nicknamed "drug pirate" for knocking
off AIDS drugs and selling them at steep discount.
Runs free cancer hospital.
Associated Companies: Cipla Pharma.

20. Source : Forbes 20
#16
Brijmohan Lall Munjal
$760 million / Delhi
81. Married. 4 Children.
Started out making bicycle parts. Now his $2
billion (sales) Hero Group is world's biggest
bicycle producer; Honda's Indian partner for
motorcycles.
Associated Companies: Hero Group

21. Source : Forbes 21
#19
Habil Khorakiwala
$630 million / Mumbai
62. Married. 3 Children.
Has run Wockhardt, pharmaceutical offshoot of
family's retail group, since 1966. Over half of its
revenues come from selling cheap generics
overseas. Established U.S. subsidiary this year
and plans to seek U.S. listing. Owns a chain of
specialty hospitals.

22. Source : Forbes 22
#20
Vivek Burman
$600 million / Delhi
64. Married. 2 Children.
Chairman of 120-year-old Dabur, household
name in ayurvedic products ranging from hair
oils and fruit juices to cancer drugs. Founded by
his great-grandfather, a doctor who concocted
herbal cures for poor villagers.
Associated Companies: Dabur

23. Source : Forbes 23
#21
Nandan Nilekani
$570 million / Bangalore
49. Married. 2 Children
Infosys cofounder and chief executive.
Pushing for better governance in Bangalore.
Associated Companies: Infosys Technologies

24. Source : Forbes 24
#22
S Gopalakrishnan
$555 million / Bangalore
50. Married. 1 Child.
Infosys cofounder and chief operating officer.
Chairs Infosys Consulting, U.S.-based arm
launched this year.
Associated Companies: Infosys Technologies

25. Source : Forbes 25
#23
N S Raghavan
$550 million / Bangalore
59. Married. 2 Children.
Infosys cofounder, retired to pursue charity
work. Chairs entrepreneurial studies center and
founded nonprofit for the mentally challenged.
Associated Companies: Infosys Technologies

26. Source : Forbes 26
#24
Narendra Patni
$530 million / Boston/Mumbai
62. Married. 2 Children.
MIT graduate, cofounded Patni Computer Systems
with his two brothers in 1978. Still runs the group,
which went public last year and acquired California-
based outfit Cymbal Corp. in October. Fancies red
wine and BMWs.
Associated Companies: Patni Computer Systems

27. Source : Forbes 27
#24
Ajay Piramal
$530 million / Mumbai
49. Married. 2 Children.
Inherited fading textile empire at age 28.
Expanded into pharmaceuticals by acquiring local
operations of international drug companies pulling
out of India, creating flagship company Nicholas
Piramal. Opened Mumbai's first shopping mall.

28. Source : Forbes 28
#26
Vijay Mallya
$510 million / Bangalore
49. Married. 3 Children.
Liquor tycoon, controls and runs the UB Group,
India's largest spirits marketer. Launching Kingfisher
Airline, named after UB's bestselling beer. Owns
racehorses, vintage cars, private jets and yachts.
Associated Companies: UB Group

29. Source : Forbes 29
#26
Pankaj Patel
$510 million / Ahmedabad
53. Married. 2 Children.
Runs generic drug company Zydus
Cadila. His father and partner
cofounded Cadila 52 years ago. Two
families split in 1995. Has since been
growing through acquisitions.
Associated Companies: Zydus Cadila.

30. Source : Forbes 30
#28
Baba Kalyani
$500 million / Pune
55. Married. 1 Child.
Second generation to head $900 million (sales)
Kalyani group, whose Bharat Forge is Asia's largest
forging company. Makes auto parts and specialty
steels with, among others, Germany's Bosch.
Associated Companies: Kalyani Group.

31. Source : Forbes 31
#29
B Ramalinga Raju
$495 million / Hyderabad
49. Married. 2 Children.
Branched out from family construction business in
1987 to start a software shop. His NYSE listed
Satyam Computer is now one of India's top InfoTech
companies.
Associated Companies: Satyam Computers.

32. Source : Forbes 32
#30
Kiran Mazumdar-Shaw
$455 million / Bangalore
51. Married.
India's biotech pioneer, co-founded Biocon in
1978. Now India's richest woman, thanks to
group's March public offering. Husband John
Shaw has his own stake, worth $275 million.
Associated Companies: Bio Con.

33. Source : Forbes 33
#31
Karsanbhai Patel
$435 million / Ahmedabad
60. Married. 3 Children.
Onetime struggling chemist, started mixing
detergent in his backyard in 1969. Now his
Nirma brand is India's biggest, outselling
Unilever and Procter & Gamble. His two sons
run the business.
Associated Companies: Nirma.

34. Source : Forbes 34
#32
K Dinesh
$410 million / Bangalore
50. Married. 2 Children.
Infosys cofounder previously managed
projects in the U.S. Now heads several
departments, including human resources
and information systems.
Associated Companies: Infosys Technologies

35. Source : Forbes 35
#33
Uday Kotak
$380 million / Mumbai
45. Married. 2 Children.
Founded finance firm in 1985. A leading
investment banking firm, it recently renamed itself
Kotak Mahindra Bank and moved into commercial
banking. Has joint ventures with Goldman Sachs
and Ford Credit. He plays the sitar.
Associated Companies: Kotak.

36. Source : Forbes 36
#34
S D Shibulal
$370 million / Boston
49. Married. 2 Children.
Infosys cofounder. Heads
global customer delivery.
Started charity with wife to
help poor children.
Associated Companies: Infosys Technologies

37. Source : Forbes 37
#35
K Anji Reddy
$350 million / Hyderabad
63. Married.
A farmer's son, founded Dr. Reddy's Laboratories
in 1984. Now India's second-largest maker of
generic drugs. Runs company with son and son-in-
law.
Associated Companies: Dr. Reddy’s Laboratories

38. Source : Forbes 38
#35
Narotam Sekhsaria
$350 million / Mumbai
55. Married. 2 Children.
Former cotton trader Sekhsaria and brother-in-law
Suresh Neotia co-founded Gujarat Ambuja
Cements in 1986, one of India's biggest cement
producers.
Associated Companies: Gujarat Ambuja Cements

39. Source : Forbes 39
#37
Jaiprakash Gaur
$340 million / Delhi
73. Married. 5 Children.
Resigned from government job to start a
construction company in 1972. Now his $650
million (sales) Jaypee Group builds bridges,
expressways, dams, even golf course. Also has
interests in hotels, cement, education and
technology.
Associated Companies: Gaypee Group

40. Source : Forbes 40
#38
Shyam & Hari Bhartia
$315 million / Delhi
Brothers converted family's commodities business
into diversified group with interests in speciality
chemicals, pharmaceuticals, bioinformatics, oil and
gas and Domino's Pizza franchise. Shyam is
married to publishing heiress.

41. Source : Forbes 41
#38
Keshub Mahindra
$315 million / Mumbai
81. Married. 3 Children.
Chairman of Mahindra Group, founded by his
father and uncle. Its Mahindra & Mahindr is India's
largest tractormaker. Also has interests in hotels,
telecom, real estate, software and financial
services. Nephew Anand now in charge.
Associated Companies: Mahindra & Mahindra

42. Source : Forbes 42
#40
Desh Bandhu Gupta
$305 million / Mumbai
67. Married. 5 Children.
Former chemistry teacher, borrowed $120 from his
wife and bought tiny vitamin company, Lupin, in
1968. Now one of India's leading pharmaceuticals
and world leader in anti-tuberculosis drugs. Wife
Manju and daughter Vinita sit on board.
Associated Companies: Lupin pharmaceuticals