Billionaire Profile
Anu Aga
Global Rank
#1591

Image: Nsnehasingh | CC BY-SA 4.0 | via Wikimedia Commons

Anu Aga

CEO, Engineering
INDIA
Real-Time Net Worth
$2.591B
Estimated based on Engineering stock value as of March 6, 2026
+4.64% (24h)
Age
83
Source
Engineering
Industry
Construction & Engineering
Citizenship
INDIA

Biography

Anu Aga is an Indian billionaire businesswoman and social worker, renowned for her leadership as the former chairperson of Thermax Ltd., an engineering and environment solutions company. Born on August 3, 1942, in Mumbai, India, she graduated from St. Xavier's College with a degree in Economics and later pursued postgraduate studies in medical and psychiatric social work from the Tata Institute of Social Sciences (TISS). After her husband's death in 1996, she took over the helm of Thermax, growing the company significantly during her tenure as chairperson from 1996 to 2004. Her achievements extend beyond business; she has dedicated her life to social work, earning the Padma Shri award in 2010. She is currently the Chairperson of Teach For India.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Anu Aga was born on August 3, 1942, into a Parsi Zoroastrian family in Bombay (now Mumbai). She completed her Bachelor of Arts (B.A.) in Economics from St. Xavier's College, Mumbai, and later pursued a postgraduate degree in medical and psychiatric social work from the Tata Institute of Social Sciences (TISS), Mumbai. She was also a Fulbright Scholar, spending four months studying in the United States.

Rise to Success

Anu Aga's journey with Thermax began in 1985 when she joined the company. She headed the human resources division from 1991 to 1996. After the death of her husband, Rohinton Aga, in 1996, she took over as Chairperson of Thermax. Under her leadership, the company experienced substantial growth and transformed into a leader in sustainable solutions. She stepped down as chairman in 2004, and her daughter, Meher Pudumjee, succeeded her.

Key Business Strategies

During her tenure, Anu Aga implemented several key strategies that contributed to Thermax's success. One notable decision was divesting into non-core businesses. She emphasized corporate responsibility and advocated for transparency in corporate governance. She hired Boston Consulting Group to implement a turnaround plan, and made tough decisions.

Philanthropy

After retiring from Thermax, Anu Aga dedicated herself to social work. In 2010, she was awarded the Padma Shri for her contributions to society. She is actively involved in Teach For India, an organization focused on bridging the educational gap. She has also been involved in promoting communal harmony and education.

Career Milestones

1985

Joined Thermax

Began her career in Thermax.

1991

Head of Human Resources, Thermax

Led the human resources division.

1996

Chairperson of Thermax

Took over as Chairperson after the death of her husband.

2004

Retired as Chairperson of Thermax

Stepped down as chairperson.

2010

Padma Shri Award

Awarded the Padma Shri for her contributions to social work.

2012

Nominated to Rajya Sabha

Nominated to the Upper House of Indian Parliament.

2008

Cofounded Teach for India

Cofounded a non-profit that recruits young people to teach for two years in schools for low-income kids.

Philanthropy & Social Impact

Education

Teach For India

Undisclosed

Chairperson of Teach For India.

Education

Akanksha

Undisclosed

Supports education for underprivileged children in Mumbai and Pune

Social Work

Thermax Foundation

Undisclosed

Involved with Thermax Foundation, the non-profit corporate social responsibility branch of Thermax.

Business Philosophy & Leadership

Notable Quotes

""You don't have to know everything… In fact, one of the beliefs I have is [that] skills can be hired. The leader has to show wisdom—that cannot be hired.""

Leadership Principles

Advocacy for Corporate Responsibility

Actively advocated for social causes and sustainable practices.

Transparency in Corporate Governance

Known for her commitment to transparency in corporate governance.