Portrait of Parakramsinh Jadeja

Rank #3183

Parakramsinh Jadeja

Net worth $1.0B

Manufacturing · India

Born
Oct 25, 1968
Age
57
Source
Manufacturing
Residence
Rajkot
Citizenship
India
Marital status
Married
Children
1
Education

Net worth over time

Biography

  • Prakramsinh Jadeja is chairman and managing director of CNC machine maker Jyoti CNC Automation based in Rajkot, a city in the western Indian state of Gujarat.
  • He co-founded Jyoti CNC in 1989 as Jyoti Enterprises.
  • The company has installed 130,000 machines across 60 countries to date.
  • Jyoti supplies its machines to the defence, aerospace, infrastructure and auto industries.
  • Jadeja listed the company in January 2024 at a 12% premium to the IPO price.
  • Jadeja is a director on the board of the Indian Machine Tools Manufacturers Association.
  • His company has subsidiaries in France, Germany, Canada and Turkey and a research team in France.

Financial assets

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