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3117
In the world , as of 27 Oct 2025
Vijay Agarwal

Vijay Agarwal

V. Agarwal
$1.01 B ₹ 9,579 Cr
Real Time Net Worth #3117 Ranking as of 27 Oct 2025 By Forbes
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More on Vijay Agarwal

Gender

Male

Age

UnknownY

Country

India

Born On

Unknown

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Manufacturing)

Primary Organization

Action Construction Equipment

Titles

Founder & Chairman

Sources of Wealth

Construction Equipment

Industry

Manufacturing, Construction

About Vijay Agarwal

V ijay Agarwal is the founder, chairman, and managing director of Action Construction Equipment (ACE), one of India's leading material handling and construction equipment manufacturing companies. He established the firm in 1995 with a vision to provide world-class heavy machinery to India's growing infrastructure sector. Under his leadership, ACE has developed a diverse portfolio that includes hydraulic mobile cranes, tower cranes, loaders, and agricultural harvesters, marketed under the widely recognized 'Ace' brand.

The company has built an impressive client roster that features industrial giants like Tata Group, Larsen & Toubro, and the Mahindra Group. Agarwal runs the business as a family enterprise, with his wife Mona and son Sorab holding board seats and active management roles. His wealth has grown in tandem with India's infrastructure boom, as ACE continues to expand its manufacturing capabilities and market share across the subcontinent.

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Quick Reads

Early Life and Background

Vijay Agarwal is an Indian businessman, the founder and chairman and managing director (CMD) of construction equipment maker Action Construction Equipment (ACE) (NSE: ACE). He founded the company in 1995.

The company manufactures a range of heavy equipment, including hydraulic mobile cranes, tower cranes, loaders, tractors and agri-harvesters. It sells construction equipment under the brand name Ace.

  • Core Company: Action Construction Equipment (ACE) (Construction equipment maker).
  • Founding: Founded in 1995.
  • Products: Makes hydraulic mobile cranes, tower cranes, loaders, tractors and agri-harvesters.

Career Journey of Vijay Agarwal

Vijay Agarwal's career is defined by his success in scaling industrial manufacturing across both the construction and agricultural sectors. His structural achievement is tied to establishing ACE as a dominant supplier of heavy equipment in India, serving major clients.

Action's list of clients includes major Indian conglomerates such as the Tata Group, engineering giant Larsen & Toubro, and billionaire Anand Mahindra's Mahindra group. His wife Mona and son Sorab work with him and have board seats, ensuring family control.

  • Key Clients: Tata Group, Larsen & Toubro and the Mahindra group.

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Vijay Agarwal's Timeline

1995:

Founded Action Construction Equipment.

Ongoing:

Continues as Chairman and Managing Director (CMD).

Ongoing:

Oversees a company that supplies the Tata Group and Larsen & Toubro.

Major Business Ventures and Investments

Vijay Agarwal's wealth is concentrated in his family's controlling stake and continued executive leadership of the publicly traded industrial giant, Action Construction Equipment.

  • Action Construction Equipment (Founder & CMD): Makes equipment like hydraulic mobile cranes.
  • Brand: Sells construction equipment under the brand name Ace.
  • Family Governance: Wife Mona and son Sorab have board seats.

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Philanthropy and Social Impact

Fashion, Style, and Lifestyle

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Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He founded construction equipment maker Action Construction Equipment (ACE) in 1995.
  • The company makes hydraulic mobile cranes, loaders, tractors and agri-harvesters.
  • Clients include the Tata Group, Larsen & Toubro and the Mahindra group.
  • His wife Mona and son Sorab work with him and have board seats.

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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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