In a year that saw an overall decline for listees, some racked up big gains. Mukesh Ambani remains the richest Indian for the 12th year in a row, adding $4.1 billion to his net worth thanks largely to the success of Jio; Gautam Adani jumped eight spots to claim second place; and a $4 billion boost propelled Uday Kotak into the top five for the first time. Even so, more than half the listees saw their net worths fall this year.
Rather than compete in shampoos and soaps, Marico has expanded to lines of soups, teas, flavoured oatmeal, grooming products. "If Parachute and Saffola are engine No 1, these new products are engine No 2 and engine No 3," says CEO Saugata Gupta