BillionaireNet
Jain
Pavan Jain
Rank #2350
INDIAManufacturingChemicals

Pavan Jain

Net Worth
$1.585B
+0.08% (24h)
Pavan Jain, a prominent industrialist and Chairman of the INOX Group, is a leading figure in India's chemical and entertainment industries. With an estimated net worth of $1.6 billion as of December 2025, Jain has built a diverse business empire. His career began after graduating with a Bachelor of Chemical Engineering from IIT Delhi in 1972. Jain's wealth stems primarily from his ventures in the chemicals sector, with significant interests in industrial gases and cryogenic engineering through companies like Inox Air Products and Inox India Limited. Jain's leadership has been crucial in expanding the INOX Group, overseeing successful mergers and acquisitions, and scaling the group's valuation to over $5 billion. Furthermore, Jain is recognized for his contributions to the 'Make in India' initiative.

The Full Dossier

Early Life and Education

Pavan Jain, a distinguished industrialist, was born and raised in India. He received a Bachelor of Chemical Engineering degree from the Indian Institute of Technology (IIT) Delhi in 1972. This foundational education laid the groundwork for his successful career in the chemical industry and beyond.

Rise to Success

After graduating, Jain joined his family business and played a vital role in diversifying it into various sectors, including industrial gases, fluorochemicals, cryogenic engineering, renewable energy, and multiplexes. His strategic vision and leadership have been pivotal in the growth of the INOX Group. Under his leadership, the group has achieved significant milestones, including the merger of INOX Leisure with PVR to form PVR-INOX, India's largest multiplex operator. Moreover, the successful listing of Inox India in 2023, at a premium, highlighted his business acumen.

Key Business Strategies

Jain's business strategies have focused on diversification and innovation. He has overseen the expansion of INOX Group into multiple sectors, ensuring a diversified portfolio. His focus on technology and strategic partnerships has enabled his companies to remain competitive and grow. His leadership style emphasizes accelerated growth and enhanced stakeholder value. Furthermore, he has been a strong proponent of the 'Make in India' initiative, contributing to nation-building through responsible and sustainable business practices.

Philanthropy

Pavan Jain is also involved in philanthropic endeavors, contributing to various charitable trusts. These initiatives focus on education, health, women's empowerment, and water conservation projects. His commitment to social responsibility reflects a broader vision of contributing to the community and supporting sustainable development.

Career Timeline

2023

Distinguished Alumni Award

Received the Distinguished Alumni Award from IIT Delhi for his achievements in entrepreneurship.

2023

Inox India IPO

Inox India listed on the stock market at a 44% premium.

2023

PVR-INOX Merger

INOX Leisure merged with PVR to form India's largest multiplex operator, PVR-INOX.

2021

Asset Division within INOX Group

Patriarch Devendra Jain divided the family's assets, with Pavan Jain becoming chairman of the INOX Group.

1972

Joined Family Business

Began his career in the family business, contributing to its diversification and growth.

1972

Graduated from IIT Delhi

Received a Bachelor of Chemical Engineering, setting the foundation for his career.

Philanthropic Impact

Education, Health, Women Empowerment, and Water ConservationUnknown

Support for Charitable Trusts

Actively involved in family-owned charitable trusts focusing on education, health, women empowerment, and water conservation.

Wealth Trajectory