Billionaire Profile
P.V. Krishna Reddy
Global Rank
#1688

Image: Public domain | via Wikimedia Commons

P.V. Krishna Reddy

CEO, Megha Engineering and Infrastructures Limited
IN
Real-Time Net Worth
$2.1B
As of December 2025
Age
56
Source
Infrastructure
Industry
construction-engineering
Citizenship
IN

Biography

P.V. Krishna Reddy, born in 1969, is the Managing Director of Megha Engineering and Infrastructures Limited (MEIL). He co-founded the company with his uncle in 1989, initially focusing on pipe manufacturing before expanding into large-scale infrastructure projects. With a current net worth of $2.1 billion, Reddy has played a pivotal role in MEIL's growth, turning it into a leading construction and engineering firm with a global presence. His career is marked by strategic thinking and business acumen, leading to significant achievements in the infrastructure sector. He is married to Sudha Reddy and has two children.

Wealth Over Time

In-Depth Profile

Early Life

P.V. Krishna Reddy was born on June 29, 1969, and raised in Dokiparru Village, Krishna District, Andhra Pradesh, India. His father was a farmer, and his childhood involved assisting with family's crops and livestock. He earned a degree in commerce after high school, and later joined his uncle in the business, which was initially focused on building small pipes.

Rise to Success

In 1989, P.P. Reddy, Krishna Reddy's uncle, founded Megha Engineering Enterprises. Krishna Reddy joined the company in 1991 after graduating. Under his leadership, the company expanded rapidly, undertaking major irrigation projects, tunneling works, power plants, highways, and natural gas distribution projects. MEIL became one of India's leading engineering and construction firms.

Key Business Strategies

Reddy is known for his strategic foresight and ability to capitalize on emerging opportunities. His approach includes adopting new technologies and diversifying into various sectors, including solar power and electric vehicles. MEIL expanded its operations to include a global presence in countries like Zambia, Tanzania, Bangladesh, and Kuwait. In 2006, the company's name was changed to Megha Engineering and Infrastructure.

Philanthropy

Reddy and his uncle have also been recognized for their philanthropy. Reddy has donated to the Chief Minister's Relief Fund and has made significant contributions to various causes.

Career Milestones

1989

Co-founded Megha Engineering Enterprises

Co-founded Megha Engineering Enterprises to build small pipes for municipalities.

1991

Joined Megha Engineering Enterprises

Joined his uncle in the business after graduating with a commerce degree.

2006

Company Name Changed

The company name was changed to Megha Engineering and Infrastructure.

2019

Completed India's largest lift irrigation project

Completed India's largest lift irrigation project, worth $14 billion, in Telangana.

Philanthropy & Social Impact

Disaster Relief

Donation to CM Relief Fund

$5M

Donated to the Chief Minister's Relief Fund.

Controversies & Challenges

2024

Electoral Bonds

MEIL was the second-largest purchaser of electoral bonds in India.