P.P. Reddy

$1.89 B

Ranked #2150 in World

About P.P. Reddy

P.P. Reddy, a prominent Indian industrialist and the executive chairman of Megha Engineering and Infrastructure Limited (MEIL), stands as one of Hyderabad's wealthiest figures, as recognized by Forbes. Born into a farmer family in 1957 in Andhra Pradesh, Reddy initiated Megha Engineering Enterprises in 1989, which evolved into MEIL in 2006, significantly contributing to Hyderabad's infrastructure sector. Under his leadership, MEIL embarked on Telangana's most substantial lift irrigation project in 2019, while also expanding into renewable energy, and the defense sector with international ventures in Bangladesh, Jordan, and more. Besides his industrial success, Reddy's philanthropy shines through in his adoption of Dokiparru village, pioneering a free solar-powered clean drinking water program, among other community-focused initiatives. Personal milestones include his marriage to Rama Reddy, with whom he shares two daughters, further solidifying their family's influence in MEIL's remarkable journey.

Born

August 30, 1957 in Dokiparru, Krishna district, Andhra Pradesh, India

Age

68 years

Source Of Wealth

Infrastructure

Industries

Construction & Engineering

Citizenship

India

Residence

Hyderabad

Spouse

Rama Reddy Pamireddy

Children

P.P. Reddy was born in 1957 in Dokiparru village, Krishna district, Andhra Pradesh, India. He was born into a farmer's family and had a humble upbringing.

P.P. Reddy: Family

P.P. Reddy is married to Rama Reddy, and the couple has two daughters, Manjali and Megha. Rama Reddy Pamireddy is one of the directors of MEIL.

P.P. Reddy: Career Highlights

P.P. Reddy founded Megha Engineering Enterprises in 1989 with two staff in Balanagar, Medchal district, Hyderabad, to construct tiny pipes for municipalities. In 2006, he changed the company's name from "Megha Engineering Enterprises" to "Megha Engineering and Infrastructure Limited (MEIL)".

Under his leadership, MEIL has grown into a leading infrastructure company in India. The company has executed several prestigious projects, including the construction of Telangana's largest lift irrigation project by value in 2019. MEIL is also involved in renewable energy, irrigation, power, and water supply.

In addition to his work in India, P.P. Reddy has also expanded MEIL's operations abroad. The company has acquired assets to enter the defence industry and launch ventures in Bangladesh, Jordan, Tanzania, Zambia, and Kuwait.

P.P. Reddy: Companies

P.P. Reddy is the executive chairman of Megha Engineering and Infrastructure Limited (MEIL). MEIL is a leading infrastructure company in India that is involved in various sectors, including construction, renewable energy, irrigation, power, and water supply.

P.P. Reddy: Major Achievements

P.P. Reddy has achieved significant success in his career as an industrialist. He has built MEIL into a leading infrastructure company in India and has also expanded the company's operations abroad. He is one of the richest persons in Hyderabad, India, according to Forbes.

P.P. Reddy: Awards & Achievements

P.P. Reddy has received several awards and recognitions for his contributions to the infrastructure sector. Some of his notable awards include:

The Padma Shri, one of India's highest civilian honours, in 2019
The Lifetime Achievement Award from the Federation of Indian Chambers of Commerce and Industry (FICCI) in 2018
The Entrepreneur of the Year Award from the Confederation of Indian Industry (CII) in 2017

P.P.
Reddy: Personal Life & Legacy

P.P. Reddy is known for his philanthropic work. He has adopted his birthplace of Dokiparru and established the first free, solar-powered programme for clean drinking water in the nation. He has also pledged to build a hospital and school for the neighbourhood and has welcomed many more villages besides Dokiparru.

P.P. Reddy is also involved in various social welfare activities. He has taken up cleaning and hygienic duties in numerous communities as part of the Swachh Bharat campaign. He has also built the Oncology Center at the NIMS Hospital in Hyderabad, equipped it with contemporary amenities, and offered free meals at the Osmania, Niloufer, and MNJ cancer hospitals.

P.P. Reddy: Trivia

P.P. Reddy is a self-made billionaire who started his career with just two staff. He is known for his hard work, dedication, and commitment to excellence.

Wealth History

Timeline

1957

P.P. Reddy was born in Dokiparru village, Krishna district, Andhra Pradesh, India.

1989

Founded Megha Engineering Enterprises in Balanagar, Medchal district, Hyderabad, with two staff.

2006

Changed the company's name from "Megha Engineering Enterprises" to "Megha Engineering and Infrastructure Limited (MEIL)"

2019

Started construction of Telangana's largest lift irrigation project by value.

Adopted his birthplace of Dokiparru and established the first free, solar-powered programme for clean drinking water in the nation.

Pledged to build a hospital and school for the neighbourhood.

Welcomed many more villages besides Dokiparru.

Settled at Jamulapalle, a village in the East Godavari district's Pithapuram mandal, and built a mineral water factory to provide clean drinking water to the inhabitants.

Took up cleaning and hygienic duties in numerous communities as part of the Swachh Bharat campaign.

Built the Oncology Center at the NIMS Hospital in Hyderabad, equipped it with contemporary amenities, and offered free meals at the Osmania, Niloufer, and MNJ cancer hospitals.

P.P. Reddy : FAQs

What is P.P. Reddy's current net worth?

P.P. Reddy's current net worth is $1.89 billion.

What is P.P. Reddy's current global rank among billionaires?

P.P. Reddy holds the 2150th position globally among billionaires.

What is P.P. Reddy's current ranking within the India?

P.P. Reddy holds the 133rd position in India.

What was the change in P.P. Reddy's net worth compared to the previous year?

P.P. Reddy's net worth decreased by 106.64 million dollars compared to the previous year 2025, when his net worth was 2.00 billion dollars.

What are P.P. Reddy's main sources of wealth?

P.P. Reddy's main source of income comes from Infrastructure.

In which industry does P.P. Reddy primarily operate?

P.P. Reddy is primarily involved in the Construction & Engineering industry.

How old is P.P. Reddy?

P.P. Reddy is 68 years old.

How many children does P.P. Reddy have?

P.P. Reddy has 2 children.

Who is P.P. Reddy and what is he known for?

P.P. Reddy is an Indian industrialist and the executive chairman of Megha Engineering and Infrastructure Limited (MEIL). He is also recognized as one of the richest persons in Hyderabad, India, according to Forbes.

Can you provide some details about P.P. Reddy's early life and career?

Born in 1957 in Dokiparru village, Andhra Pradesh, to a farmer family, P.P. Reddy founded Megha Engineering Enterprises in 1989 in Hyderabad. The company, later renamed as Megha Engineering and Infrastructure Limited (MEIL) in 2006, began by constructing tiny pipes for municipalities and has since expanded into various sectors including renewable energy, irrigation, power, and water supply.

What significant project did P.P. Reddy's company undertake in 2019?

In 2019, P.P. Reddy's company, MEIL, started construction of Telangana's largest lift irrigation project by value, showcasing the company's significant growth and diversification in the field of infrastructure development.

How has P.P. Reddy contributed to philanthropic efforts?

P.P. Reddy has made substantial contributions to philanthropy, including the adoption of his birthplace, Dokiparru, where he established a free, solar-powered clean drinking water program. He also pledged to build a hospital and school in the village, undertook cleaning and hygienic duties as part of the Swachh Bharat campaign, and built the Oncology Center at NIMS Hospital in Hyderabad, among other efforts.

What do we know about P.P. Reddy's personal life?

P.P. Reddy is married to Rama Reddy, and together they have two daughters, Manjali and Megha. Rama Reddy Pamireddy is also a director at MEIL, indicating the involvement of his family in his business endeavors.