Billionaire Profile
Pavan Jain
Global Rank
#2110

Image: Public domain | via Wikimedia Commons

Pavan Jain

CEO, INOX Group
IN
Real-Time Net Worth
$1.6B
As of December 2025
Age
74
Source
Chemicals
Industry
manufacturing
Citizenship
IN

Biography

Pavan Jain is a prominent Indian industrialist, currently ranked #2110 on Forbes' 2025 Billionaires list, with an estimated net worth of $1.6 billion. His wealth stems primarily from the Chemicals industry. As the Chairman of the INOX Group, he has over 50 years of experience in diverse sectors including industrial gases, cryogenic engineering, and entertainment. Pavan Jain's career is marked by strategic leadership, acquisitions, and a commitment to 'Make in India'.

Wealth Over Time

In-Depth Profile

Early Life and Education

Pavan Jain, a visionary industrialist, graduated with a Bachelor of Chemical Engineering from IIT Delhi in 1972. Following his education, he joined his family's business and embarked on a career marked by significant achievements.

Rise to Success

Pavan Jain is the Chairman of the INOX Group, a leading Indian conglomerate. He has been instrumental in diversifying the INOX Group into various industries, including industrial gases, fluorochemicals, cryogenic engineering, renewable energy, and multiplexes. His son, Siddharth Jain, runs INOX Air Products, a major player in industrial and medical gases, while another son runs INOXCVA, a prominent manufacturer of cryogenic equipment. In 2023, the INOX Leisure multiplex chain merged with PVR to form India's largest multiplex operator, PVR-INOX. He was recognized by IIT Delhi with the Distinguished Alumni Award in 2023.

Key Business Strategies

Pavan Jain's leadership has been characterized by accelerated growth and value creation. He spearheaded numerous successful acquisitions and mergers, contributing to the expansion and valuation of the INOX Group, which is valued at over $5 billion. Jain has also been a proponent of the 'Make in India' initiative, focusing on responsible and sustainable business practices.

Philanthropy

Pavan Jain is actively involved in philanthropic activities through family-owned charitable trusts. These initiatives focus on education, health, women empowerment, and water conservation projects. He also supports various charitable institutions.

Career Milestones

1972

Graduated from IIT Delhi

Received a Bachelor of Chemical Engineering degree.

2001

Diversification of INOX Group

Instrumental in diversifying the INOX Group into various industries such as Refrigerant Gases, Cryogenic Engineering and Entertainment.

2018

Economic Times '40 Under Forty' Award

Recognized as one of India's Hottest Business Leaders.

2023

IIT Delhi Distinguished Alumni Award

Awarded in recognition of his outstanding achievements in Entrepreneurship.

2023

PVR-INOX Merger

INOX Leisure merged with PVR to form India's largest multiplex operator PVR-INOX.