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#80

Mahaveer Prasad Taparia and Family

Supreme Industries

Net Worth (INR)

₹23,263 Cr

Net Worth (USD)

$2,489 Mn

Location

Mumbai

Industry

Machinery & Engineering

Industry

Machinery & Engineering

Supreme Industries has been making plastic pipes, tanks and packaging since the 1960s. India's construction boom has not slowed its relevance.

Supreme Industries is India's largest plastics processor, making pipes, fittings, storage tanks, packaging materials, furniture and industrial components across a product range that runs through virtually every sector of the construction, agriculture and consumer economy. B.L. Taparia built the business to its current scale over several decades, a period during which India's infrastructure spending, housing construction and agricultural irrigation investment created sustained demand for the exact categories that Supreme produces.

The company reached INR 10,000 crore in revenue with sustained profitability, managed through a distribution network and manufacturing footprint built over 60 years. The Taparia family's approach has been incremental capacity addition within established categories rather than dramatic expansion into new sectors, a conservative strategy that has compounded well over time. The next generation including Shivratan Taparia and V.K. Taparia are steering the business toward value-added polymers and more sustainable formulations as the regulatory and market environment for plastics evolves.

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