BillionaireNet
Jadeja
Parakramsinh Jadeja
Rank #2933
INmanufacturingManufacturing

Parakramsinh Jadeja

Net Worth
$1B
% (24h)
Parakramsinh Jadeja is a prominent Indian entrepreneur and the Chairman & Managing Director of Jyoti CNC Automation Ltd. He is a self-made billionaire with a net worth of $1.0 billion as of late 2025. Jadeja's wealth stems from his success in the manufacturing sector, specifically in CNC machine technology. He co-founded Jyoti CNC Automation in 1989 in Rajkot, Gujarat, transforming it into a global leader with installations in over 60 countries. His career highlights include leading Jyoti CNC Automation's successful IPO in January 2024 and serving as a director of the Indian Machine Tool Manufacturers Association.

The Full Dossier

Early Life

Parakramsinh Ghanshyamsinh Jadeja was born and has spent his life in Rajkot, Gujarat, India. He co-founded Jyoti CNC Automation, formerly known as Jyoti Enterprises, in Rajkot in 1989. His early life details and educational background are not extensively documented in the available sources. However, it is known that he is an undergraduate.

Rise to Success

Jadeja's career is centered around Jyoti CNC Automation, which he co-founded. Under his leadership, the company has grown from a small workshop to a global force in the CNC machine manufacturing industry. The company's growth has been significant, with over 130,000 machines installed across 60 countries. In January 2024, he led the successful listing of Jyoti CNC Automation at a 12% premium above the IPO price.

Key Business Strategies

Jadeja's key strategies include expanding globally, with subsidiaries in France, Germany, Canada, and Turkey. His focus on innovation and research and development has been crucial, including the acquisition of a company in Europe. He has also strategically positioned Jyoti CNC as a reliable supplier to major industries, including defense, aerospace, infrastructure, and automotive.

Philanthropy

Specific philanthropy amounts are not available in the provided search results. However, Jadeja is involved in the Neo Rajkot Foundation.

Career Timeline

2024

Jyoti CNC Automation IPO

Led a successful IPO for Jyoti CNC Automation.

2016

Partner in Jyoti International LLP

Became a partner in Jyoti International LLP.

2015

Director of the Neo Rajkot Foundation

Began his role as a director within the Neo Rajkot Foundation.

2013

Appointed Director of Indian Machine Tool Manufacturers Association

Joined the board of the Indian Machine Tool Manufacturers Association, contributing to the development of India's machine tool sector.

2003

Appointed Director of Jyoti CNC Automation Limited

Took on a key leadership role within the company.

1989

Co-founded Jyoti CNC Automation (as Jyoti Enterprises)

Established a company in Rajkot, which would become a global leader in CNC machine manufacturing.

Philanthropic Impact

Community Development$N/A

Neo Rajkot Foundation

Jadeja is involved in this foundation, which may be involved in philanthropic activities. Specific details are not available.

Wealth Trajectory