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P.P. Reddy

P.P. Reddy

P. Reddy
-0.34% | - $-6.80M
$1.97 B ₹ 17,950 Cr
Real Time Net Worth #2059 Ranking as of 21 Feb 2026 By Forbes

More on P.P. Reddy

Gender

Male

Age

68Y

Country

India

Born On

July, 1957

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Infrastructure)

Primary Organization

Megha Engineering And Infrastructures

Titles

Founder & Chairman

Sources of Wealth

Megha Engineering

Industry

Construction, Infrastructure, Engineering, Energy

About P.P. Reddy


P .P. Reddy is a self-made Indian billionaire who is the founder and chairman of Megha Engineering and Infrastructures Limited (MEIL), a major Indian infrastructure company based in Hyderabad. He and his nephew, P.V. Krishna Reddy, co-founded the company in 1989. They started with a small pipe manufacturing business and have since built MEIL into a massive and highly diversified engineering and infrastructure conglomerate.

MEIL is a major player in the construction of large-scale and complex infrastructure projects, including irrigation systems, drinking water supply networks, power plants, and roads. The company has been a key contractor for major government-led infrastructure projects in India. In addition to its core infrastructure business, the company has also diversified into the defense and electric vehicle sectors. The privately held company's massive growth and success have made both founders billionaires.

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Quick Reads


  • Founder and Chairman of the Indian infrastructure giant Megha Engineering (MEIL).
  • He co-founded the company in 1989 with his nephew, P.V. Krishna Reddy.
  • The company is a major builder of irrigation and drinking water projects.
  • Has also diversified into the defense and electric vehicle industries.
  • The company remains privately held.

Early Life and Background


P. P. Reddy (Pamireddy Pitchi Reddy) is an Indian businessman, the self-made billionaire Founder and Executive Chairman of Megha Engineering and Infrastructures Limited (MEIL), a major infrastructure and engineering conglomerate specializing in power, oil and gas, and irrigation projects. His career is rooted in civil engineering, construction, and entrepreneurial audacity.

Reddy holds a degree in Civil Engineering. His philosophical approach centers on scale, vertical integration (controlling design, construction, and execution), and long-term commitment to national infrastructure development. His structural contribution is tied to pioneering large-scale, complex infrastructure projects in India.

  • Megha Engineering and Infrastructures Limited (MEIL) (Founder & Chairman): The core private asset, a major contractor for large-scale infrastructure projects (e.g., irrigation systems, power plants, and oil/gas pipelines).
  • Industrial Focus: His success is built on scale construction and dominating the domestic market for essential infrastructure (a crucial industry for India's economic growth).
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and leveraging the massive Indian government commitment to infrastructure (securing large contracts).
  • Academic Background: He holds a degree in Civil Engineering.

Career Journey of P.P. Reddy


P. P. Reddy's strategic genius was his commitment to executing large, complex projects. He founded MEIL in 1989 in Hyderabad, successfully building it into a major force by specializing in challenging engineering and infrastructure projects (including major irrigation systems that transformed agriculture in Telangana and Andhra Pradesh). His structural contribution is immense: providing foundational infrastructure that accelerated India's economic development.

His wealth is secured by the colossal, long-term, stable profitability of the Indian infrastructure and construction sectors.

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P.P. Reddy's Timeline


1989:

Founds Megha Engineering and Infrastructures Limited (MEIL) (Founding).

2000s:

MEIL expands aggressively into power and oil/gas infrastructure (Strategic Diversification).

2019:

Completes the Kaleshwaram Lift Irrigation Project (a major engineering feat) (Industrial Apex).

Ongoing:

Continues as Founder and Executive Chairman, guiding the massive infrastructure giant (Executive Oversight).

Major Business Ventures and Investments


P.P. Reddy's wealth is concentrated in his founding and controlling ownership of the private industrial giant, Megha Engineering and Infrastructures Limited (MEIL).

  • Megha Engineering and Infrastructures Limited (MEIL) (Founder & Chairman): The core private asset, a major contractor for large-scale infrastructure projects (e.g., irrigation systems, power plants, and oil/gas pipelines).
  • Industrial Focus: His success is built on scale construction and dominating the domestic market for essential infrastructure (a crucial industry for India's economic growth).
  • Academic Background: He holds a degree in Civil Engineering.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and leveraging the massive Indian government commitment to infrastructure (securing large contracts).

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Philanthropy and Social Impact


P. P. Reddy's social impact is structural, stemming from MEIL's role in providing essential infrastructure (irrigation, power, energy) that underpins the Indian economy's growth. His irrigation projects, in particular, provide a massive structural contribution to agricultural output and water security in rural India. His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful industrialization and scale of the Indian infrastructure sector.

Fashion, Style, and Lifestyle


P. P. Reddy maintains the professional, pragmatic style of an industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits or traditional Indian attire. His aesthetic reflects serious authority and stability, typical of a leader in the high-capital construction sector.

Residing in Hyderabad, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, construction management, and the long-term, stable growth of the infrastructure empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder and Chairman of Megha Engineering (MEIL) (major infrastructure and power contractor).
  • His company is known for executing large-scale irrigation and energy projects in India.
  • He holds a degree in Civil Engineering.
  • His fortune is tied to the successful monetization of India's massive infrastructure boom.
  • MEIL is one of the largest private infrastructure firms in India.
  • He is known for maintaining a private profile despite his vast corporate interests.
  • His philosophy emphasizes scale construction and execution excellence.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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