Profil Financier
Satyanarayan Nuwal occupe actuellement le rang #515 du classement mondial StarFortune (secteur industrie & manufacturing). Fortune nette estimée : $7.7 B (-$134 M sur 24h).
Satyanarayan Nuwal started Solar Industries India in 1995 to trade in industrial explosives then started manufacturing them.
The biggest chunk of its annual revenue is from exports, followed by housing and infrastructure, state-owned coal companies and the defense sector.
The son of a government employee, Nuwal set up his first business, an ink manufacturing unit in 1970 at age 18.
It has 27 manufacturing locations across India and exports to more than 90 countries.
Nuwal and his brother Kailashchandra, also a billionaire, have been embroiled in a feud since 2020.
Nuwal tried his hand at several businesses before latching on to industrial explosives but they all failed.
He used to sleep at the railway station when he was broke.