P avan Jain is the chairman of the INOX Group, a diversified Indian conglomerate with interests in industrial gases, cryogenic equipment, and entertainment. A chemical engineer from IIT New Delhi, he joined the family business in the 1970s and was instrumental in steering its growth from a single industrial oxygen plant into a multi-sector giant. He oversees INOX Air Products, India's largest manufacturer of industrial and medical gases, which played a critical role in supplying medical oxygen during the COVID-19 pandemic.
Jain also chairs INOX India (INOXCVA), a global leader in cryogenic liquid storage and transport tanks, and PVR INOX, the largest multiplex cinema chain in India formed through a merger in 2023. His leadership style is characterized by diversification and a focus on high-growth sectors like clean energy and entertainment. He shares the group's leadership with his brother Vivek Jain and works closely with his son, Siddharth Jain, who manages the industrial gas and cryogenic verticals.
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Pavan Jain is an Indian businessman, the chairman of Delhi-based INOX Group. The group operates across diverse industrial sectors, including chemicals, gases, and entertainment.
His son Siddharth Jain runs INOX Air Products (which supplies medical oxygen) and INOXCVA (which manufactures cryogenic tanks). His brother Vivek Jain is chairman of the Inox GFL group, which includes listed Gujarat Fluorochemicals.
Pavan Jain's career is defined by strategic diversification and successful capital market ventures. His structural achievement is tied to expanding the INOX brand across essential industries, from manufacturing cryogenic tanks and supplying medical oxygen to dominating the multiplex cinema market.
In 2023, he successfully listed cryogenics cylinder maker Inox India at a 44% premium to the IPO price. In the same year, his INOX Leisure multiplex chain merged with PVR to form India's largest multiplex operator, PVR-INOX.
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INOX Leisure multiplex chain merged with PVR.
Listed cyrogenics cylinder maker Inox India at a 44% premium.
Continues as Chairman of Delhi-based INOX Group.
Pavan Jain's wealth is concentrated in his family's stake and continued leadership of the highly diversified INOX Group.
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-0.05% | -$1.27M
-0.14% | -$1.65M
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