Billionaire Profile
P.P. Reddy
Global Rank
#1931

Image: Public domain | via Wikimedia Commons

P.P. Reddy

CEO, Megha Engineering and Infrastructure Limited (MEIL)
IN
Real-Time Net Worth
$2B
As of December 2025
Age
68
Source
Infrastructure
Industry
construction-engineering
Citizenship
IN

Biography

P.P. Reddy, an Indian industrialist and the Executive Chairman of Megha Engineering and Infrastructure Limited (MEIL), is a prominent figure in India's construction and engineering sector. Born in 1957, he is recognized as one of the wealthiest individuals in Hyderabad, with a current net worth of $2.0 billion. Reddy's career began with a small fabrication unit, later evolving into a leading infrastructure company. His leadership has been instrumental in MEIL's success, marked by major projects and international expansion. Beyond business, he is known for his philanthropy, particularly his commitment to improving the lives of those in his hometown and beyond.

Wealth Over Time

In-Depth Profile

Early Life

P.P. Reddy was born in 1957 in Dokiparru village, Krishna district, Andhra Pradesh, India, to a farming family. He started his career with humble beginnings, motivated to build a better life for himself and his family.

Rise to Success

In 1989, Reddy founded Megha Engineering Enterprises with two employees. The company initially focused on manufacturing pipes for municipalities. The company evolved into Megha Engineering and Infrastructure Limited (MEIL) in 2006. Under Reddy's leadership, MEIL expanded into various sectors, including infrastructure, renewable energy, irrigation, power, and water supply. One of the significant projects was the construction of Telangana's largest lift irrigation project in 2019.

Key Business Strategies

Reddy's business strategy centered on identifying and capitalizing on India's growing infrastructure needs. This involved strategically expanding MEIL's portfolio to include large-scale projects like dams, power plants, and natural gas distribution networks. He cultivated a culture of innovation and excellence within MEIL. This attracted skilled professionals and forged strategic partnerships, contributing to the company's growth and success.

Philanthropy

P.P. Reddy is actively involved in philanthropic activities. He has adopted his birthplace, Dokiparru, where he initiated a solar-powered clean drinking water program. He also pledged to build a hospital and a school in the village. Additionally, he has been involved in various social welfare activities, including the Swachh Bharat campaign.

Career Milestones

1989

Founded Megha Engineering Enterprises

Started the company with two employees, initially focused on manufacturing pipes.

2006

Rebranded as MEIL

Changed the company's name to Megha Engineering and Infrastructure Limited (MEIL).

2019

Telangana's Largest Lift Irrigation Project

Began construction of Telangana's largest lift irrigation project by value.

Philanthropy & Social Impact

Community Development

Dokiparru Village Adoption

Undisclosed

Established a solar-powered clean drinking water program.

Education and Healthcare

Hospital and School

Undisclosed

Pledged to build a hospital and school in Dokiparru village.

Social Welfare

MEIL Foundation

Undisclosed

Provides basic food, shelter, education, sanitation, and medicine to the underprivileged.

Business Philosophy & Leadership

Notable Quotes

""There's a sense of satisfaction in building something from scratch, something that benefits society.""

Leadership Principles

Innovation

Fostering a culture of innovation within MEIL to attract skilled professionals and forge strategic partnerships.

Excellence

Commitment to excellence in project execution and timely completion.

Community Focus

Dedication to social well-being through various CSR initiatives, including promoting education and self-employment.

Controversies & Challenges

2024

CBI Bribery Case

CBI registered a bribery case against the company and some government officials.