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Billionaire Profile
Kailashchandra Nuwal
Global Rank
#955

Image: Unsplash Contributor | Unsplash License | via Unsplash

Kailashchandra Nuwal

CEO, Industrial explosives
INDIA
Real-Time Net Worth
$4.396B
Estimated based on Industrial explosives stock value as of March 6, 2026
+4.94% (24h)
Age
68
Source
Industrial explosives
Industry
Manufacturing
Citizenship
INDIA

Biography

Kailashchandra Nuwal, a 68-year-old Indian billionaire, is a prominent figure in the industrial explosives sector. His net worth is estimated at $3.9 billion. He draws his wealth from his stake in Solar Industries India Ltd., a company founded by his brother, Satyanarayan Nuwal. Solar Industries is a leading manufacturer of industrial explosives, with a significant portion of its revenue derived from exports, defense, and infrastructure sectors. Nuwal's career includes a tenure as Vice Chairman and Director of Solar Industries India Ltd. until 2019, when he had to step down due to non-disclosure of his stake in a private company. He currently resides in Nagpur, India and is married with two children.

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

Wealth Over Time

In-Depth Profile

Early Life

Information regarding Kailashchandra Nuwal's early life is limited in the search results. He is the brother of Satyanarayan Nuwal, who founded Solar Industries India Ltd.

Rise to Success

Kailashchandra Nuwal's primary source of wealth comes from his shares in Solar Industries, a leading manufacturer of industrial explosives. The company was founded by his brother Satyanarayan Nuwal. Solar Industries generates revenue from exports, the defense sector, state-owned coal companies, and the housing and infrastructure segments.

Key Business Strategies

Kailashchandra Nuwal was the Vice Chairman and a Director of Solar Industries India Ltd. until 2019. He had to step down due to not disclosing his stake in a private company. A significant family feud between him and his brother, Satyanarayan Nuwal, came to light in 2023 when Kailashchandra voted against several resolutions during the company's annual general meeting.

Philanthropy

Specific details on Kailashchandra Nuwal's philanthropic activities and the amounts he contributes are not available in the search results.

Career Milestones

2011-2019

Vice Chairman and Director

Served as Vice Chairman and Director of Solar Industries India Ltd.

2023

Family Feud

Voted against resolutions at the company's annual general meeting, highlighting a dispute with his brother.

Philanthropy & Social Impact

Not Available

Not Available

Undisclosed

Philanthropic information not available.

Controversies & Challenges

2019

Non-Disclosure of Stake

Stepped down as Vice Chairman and Director due to the non-disclosure of his stake in a private company.

2023

Family Feud at AGM

Voted against several resolutions, showcasing a family dispute.

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