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Fortune India Magazine - May 2025

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In this issue

FORTUNE India: 100 Emerging Stars Nitin Gadkari's ambitious plan to revolutionize India's highway infrastructure, aiming for global standards and green mobility, is transforming the nation's logistics landscape. Since 2014, his ministry has overseen a significant expansion of the national highway network, attracting investment and streamlining project clearances. This effort, alongside innovative financing models like infra-structure investment trust (InvIT), is set to drastically improve India's road network. Simultaneously, Fortune India's inaugural "100 Emerging Stars" list highlights the robust growth of mid-sized companies, showcasing their potential beyond the established corporate giants. These companies, operating outside the Fortune 500 India universe, represent the depth and vitality of corporate India. FORTUNE India UNWIND: Adding a refreshing touch to its in-depth business coverage, Fortune India marks the exciting launch of 'UNWIND,' a special supplement designed to cater to the readers' personal time and interests. Think of it as a curated guide to enriching life beyond the boardroom. As summer is upon us and holidays beckon, this edition of ‘UNWIND’ brings you the best getaways, the finest hotels and cuisines, immersive holiday options, and more. Happy reading!

TUHIN KANTA PANDEY, CHAIRMAN OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI), SHARES HIS VISION FOR THE REGULATOR'S ROLE IN INDIA'S DYNAMIC CAPITAL MARKET, EMPHASISING BALANCED REGULATION AND SUSTAINABLE MARKET GROWTH.

You have spoken about building trust between Sebi and market participants and doing away with excessive micromanagement and outdated roles. Could you elaborate on what you meant by that?

7 mins

END OF THE ROAD FOR THE JAGGI BROTHERS?

NOT SO LONG AGO, BLUSMART'S JAGGI BROTHERS WERE CELEBRATED STARTUP ENTREPRENEURS. SUDDENLY, STARTING MARCH THIS YEAR, THEY BEGAN FIELDING CHARGES OF FRAUD, FORGERY, AND DIVERSION OF FUNDS. WHAT HAPPENED?

6 mins

PAUSE BEFORE THE BLOOM: THE TERROR ATTACK HAS TAKEN THE SHEEN OFF KASHMIR'S TOURISM BUSINESS-BUT LOCALS ARE HOPEFUL OF A REVIVAL

IN THE lush, pine-scented valley of Pahalgam, where tourists once queued for treks and trout fishing, silence hangs heavy.

3 mins

TAKING STOCK OF TRUMP TARIFFS: INDICES REGAIN LOST GROUND AFTER INITIAL SHAKE-UP AS TRUMP SOFTENS STANCE.

Volatility in equity markets often creates an opportunity to buy quality stocks at attractive prices.

4 mins

A SUITABLE ALTERNATIVE? UPS GIVES CENTRAL GOVERNMENT EMPLOYEES THE OPTION OF GUARANTEED PENSION RETURNS.WILL IT IMPACT THE POPULARITY OF NPS

The Unified Pension Scheme (UPS), launched on April 1, 2025, introduces significant changes to India's pension framework, particularly impacting the National Pension System (NPS).

4 mins

TECH THE NINE LIVES OF MASAYOSHI SON

THE FIRST DAYS of the second Trump administration offered the newly elected president a chance to share the spotlight with some of his most important allies.

6 mins

PUTTING THE EASE BACK IN DOING BUSINESS

The platforms India has created will improve ease of doing business and help the nation become a developed economy.

3 mins

MISSION MOBILITY

Nitin Gadkari wants to raise India's roads infra to world-class levels and further the cause of green mobility as the country aims for developed nation status.

10+ mins

Knitting a New Beginning

Local entrepreneurs in Tiruppur are exploring new markets, diversifying product offerings, and increasing focus on sustainability to counter headwinds. Will the bets pay off for the southern town of Tamil Nadu, which accounts for 55% of India's knitwear exports?

8 mins

THE GOLD RUSH

IS THE BET ON THE YELLOW METAL A HEDGE AGAINST CHAOS OR A WARNING SIGN OF THE TIMES TO COME?

7 mins

A FAB START, BUT MILES TO GO

Three years on, India's semiconductor ecosystem is a work in progress. The ambition of figuring among the Top 5 semiconductor nations by 2030 has started to take shape, but needs acceleration.

7 mins

PLI, A MIXED BAG

SOME SECTORS SUCH AS TELECOM, AUTO, IT AND PHARMA HAVE SHOWN ROBUST INVESTMENTS, BUT AN OVERALL FOCUS ON MANUFACTURING IS KEY.

8 mins

THE BOLD AND THE CREDIBLE

RANKED BY NET SALES, THESE COMPANIES DIDN'T JUST GROW BIG—THEY EARNED THEIR PLACE THROUGH A RIGOROUS FILTER OF FINANCIAL CONSISTENCY, CAPITAL EFFICIENCY, AND SUSTAINABLE TOP-LINE EXPANSION.

4 mins

RIDING THE INFRA EUPHORIA

A hefty order book and rising profitability have catapulted Ahluwalia Contracts among the top construction companies in the country.

3 mins

FIRING ON ALL CYLINDERS

With a vision to become a global defence exporter and achieve 'Navratna' status by 2030, Garden Reach Shipbuilders & Engineers is undergoing a major transformation.

5 mins

THE EMERGING TECH STAR

Tata Elxsi has grown its revenue 3x over the past decade. But its growth momentum has picked up after Covid, riding the Al/GenAl wave.

4 mins

A GREEN TWIST IN THE TALE

Praj rides the green wave with investments in clean energy and the use of advanced tech in biofuels and ethanol blending.

3 mins

FROM SUSPENSION TO SUNROOFS

Gabriel India's transition into a multi-product auto components maker, especially sunroofs, has added to its growth.

5 mins

BUILT WITH PRECISION

From innovation to strategic acquisitions, Sona BLW is a success story in the automotive components space.

5 mins

A BEARING ON GROWTH

A diversified portfolio and focus on trends in sustainability and infrastructure investment power this company's top line.

2 mins

STEPPING ON THE GAS

With a legacy dating back to 1935, Linde India's growth is driven by high demand across sectors and pricing discipline.

3 mins

DE-RISK AND DIVERSIFY

Despite the consumption slowdown, contract manufacturer Hindustan Foods finds itself in a strong position because of its smart strategies.

3 mins

CASHING IN ON CASHLESS INDIA

More than cash management, CMS Info Systems is creating moats around adjacencies that blend technology, trust, and scale.

5 mins

HOW WE DID IT

The methodology followed to arrive at the Fortune India 100 Emerging Stars list.

2 mins

THE BUSINESS OF TRUMP

LONG BEFORE DONALD TRUMP was president of the United States, he was a brand—the TV billionaire known for his gaudy properties, his celebrity hobnobbing, and a sprawling universe of products bearing his name, from resorts to steaks to continuing education courses.

10+ mins

TOUR de Luxe

AS THE WORLD OF LUXURY TRAVEL CONTINUES TO EVOLVE, MORE INDIVIDUALS ARE LOOKING FOR BESPOKE, TAILORED JOURNEYS THAT PROVIDE BOTH EXCLUSIVITY AND UNPARALLELED COMFORT.

1 mins

AN ISLAND OF ONE'S OWN

HERE'S HOW SOME BILLIONAIRES AND CELEBS PLAN THEIR BESPOKE HOLIDAYS. TIME TO GO ON A BREAK?

7 mins

the LEAGUE of EXTRAORDINARY travels

EXPERIENTIAL TRAVEL IS IN-THE RARER, THE BETTER. FROM A VILLA THAT FLOATS ON THE SEA, TO SOLO 'SOULCATIONS' IN ZANZIBAR, HERE ARE SOME OF OUR STELLAR PICKS OF THE YEAR.

6 mins

STARRY MICHELIN DREAMS

THE WORLD'S BEST CHEF WHO'S COOKED FOR KING CHARLES, A THREEMICHELIN STAR SWEDISH CHEF WHOSE TASTING MENU IS JAPANESE INSPIRED, OUR VERY OWN MICHELIN-STAR CHEF WHO'S REINTERPRETED THE AROMAS OF HIS CHILDHOOD CITY DELHI, AND THE CHEF WHO MADE PERUVIAN CEVICHE WORLD FAMOUS-HERE ARE THEIR STORIES, AND CREATIONS.

8 mins

OPULENT ESCAPES

FROM WELLNESS RETREATS TO WILDLIFE RESORTS, TO MODERN-DAY PALACES, A LOOK AT SOME OF THE FINEST HOTELS THAT HAVE OPENED IN THE PAST COUPLE OF YEARS.

3 mins

INDULGENT TRAVEL, Effortless EXPERIENCE

IF YOU'RE PART OF THE JET SET BUT DON'T WANT TO COMPROMISE ON COMFORT AND CONVENIENCE, HERE ARE SOME GADGETS THAT ARE JUST RIGHT FOR YOU.

4 mins

TRAILBLAZING DIGITIAL TRANSFORMATION THROUGH AI AND IOT

Capitalising on opportunities, navigating challenges-all in a day's work

2 mins

A DEEP CURIOSITY AND GREAT COURAGE TO EXPLORE NEW HORIZONS

It's a dance of dexterity to seamlessly bring all the relevant elements together to create a positive future-ready environment for growth for all

4 mins

PIONEERS CRACKING A WINDOW FOR PRIVATE FIRMS IN INDIA'S GOVERNMENT-HELD SPACE ECOSYSTEM

India's pioneering space entrepreneur Dr. Subba Rao Pavuluri transforms the nation's aerospace landscape as his company becomes the first private Indian firm authorized to operate a geostationary satellite

2 mins

FROM SILICON VALLEY TO SPACE: ANURUP PAVULURI LEADS INDIA'S PRIVATE AEROSPACE REVOLUTION

Blending Silicon Valley expertise with homegrown innovation, Anurup Pavuluri is transforming India's aerospace landscape through Ananth Technologies' pioneering private spacecraft manufacturing facility.

1 mins

A GLOBAL VOICE FOR ECONOMIC DIPLOMACY AND STRATEGIC TRADE RELATIONS

In a rapidly evolving global economy, where international collaboration and strategic partnerships define success, few figures have emerged as consistently impactful as Dr. Asif Iqbal.

2 mins

MEET THE MAN BUILDING A ₹1,000 CRORE PROFITABLE WEALTH-TECH VENTURE BY REDUCING INDIA'S INVESTMENT LOSSES

In an industry where investors tend to navigate uncharted waters, Rahul Ghose is not your stereotypical fintech entrepreneur focused on valuation, but a mission-minded entrepreneur who is hellbent on eradicating one of India's biggest financial scars: unnecessary investment & trading losses.

1 mins

PROPELLING PARADIGM SHIFTS IN INDIA'S INFRASTRUCTURE DEVELOPMENT SECTOR

When ethical leadership and decisive action are non-negotiable pillars of success

2 mins

MERGING ANCIENT WISDOM WITH MODERN INFRASTRUCTURE

From modest beginnings to 'Person of the Year 2024, Dr. Samir Tripathi is redefining industry standards by blending ancient wisdom with modern business acumen.

2 mins

A TOUR DE FORCE IN MULTI-FACETED LEADERSHIP

From revolutionising luxury retail to transforming higher education, this dynamic leader is redefining success across multiple domains.

2 mins

POWERING A SMARTER, GREENER, & BOLDER INDIA

Entrepreneur. Visionary. Changemaker. The Managing Partner of Golden Ace Ventures LLP, Avi Mittal is redefining the rules of what it means to build for the future — responsibly, innovatively, and at scale.

2 mins

LNCT'S RISE TO EXCELLENCE: THE VISION AND VIRTUES OF ANUPAM CHOUKSEY

The LNCT Group of Institutions, a pioneer in private education sector in Central India, owes its spectacular growth to the visionary leadership of Dr. Anupam Chouksey. His commitment to excellence and innovation has transformed LNCT into a hub for holistic learning and industry-ready education.

2 mins

DRIVING THE FUTURE OF TECH WITH INGRAM MICRO XVANTAGE

Revolutionising operations and customer experiences through intelligent innovation

2 mins

FIERY EDUCATIONIST AND SOCIAL REFORMER

Driven by a single-minded purpose to create education as an empowering eco-system

2 mins

AN INSPIRATIONAL VISIONARY TRANSFORMING INDIA'S FINANCIAL FUTURE

Empowering Talent, Building Excellence, Shaping Tomorrow

2 mins

A CALL TO BALANCE TRADITIONAL ACADEMIC VALUES WITH ENTREPRENEURIAL VISION

Transforming a regional institution to a multidisciplinary powerhouse with innovative centres of excellence across disciplines

2 mins

LEVERAGING HER MANY STRENGTHS TO THEIR FULLEST POTENTIAL

It's time to recognize the broader impact of patents— from job creation and R&D to global collaboration and improved quality of life.

2 mins

EMPOWERING CHANGE THROUGH INSPIRING LEADERSHIP

In an age where leadership is being redefined by courage, conviction, and purpose, Aksha Kamboj, stands tall among India’s most inspiring visionary leaders.

2 mins

A STRONG COMMITMENT TO RAISING THE BENCHMARKS IN PATIENT CARE

Transforming lives and hospital standards with selfless service and an unwavering pursuit of excellence

2 mins

THE BUSINESS OF COMPASSION HOW DR. ANEEL KASHI MURARKA TRANSFORMS SOCIAL IMPACT INTO SUSTAINABLE SOLUTIONS

Dr. Aneel Kashi Murarka defies conventional business paradigms by demonstrating that profitability and social impact can flourish together. His pioneering approach transforms philanthropic endeavors into sustainable, measurable solutions that create both economic value and meaningful change.

2 mins

AMAN KEDIA ‘KRAFTING' DREAMS OF SUSTAINABLE GROWTH

Under the visionary leadership of Managing Director Aman Kedia the Nizamabad-based Sri M K Paper Mills has been propelled forward to become one of India's leading eco-friendly kraft paper manufacturers.

2 mins

MATCHMAKER MATCHMAKER, MAKE ME A MATCH

The 3-decade legacy of Dr. Priya Shah Matchmaker has ranked her as the World's No. 3 in Matchmaking

2 mins

A DEEP DIVE INTO HOLISTIC SKINCARE

Her individualistic approach to each patient's particular needs continues to raise the bar when it comes to client satisfaction.

2 mins

GOING BEYOND JUST STANDARD NUTRITION AND FITNESS PLANS INTEGRATING MIND & BODY

Transitioning from a HR leader and a behavioural assessment specialist in the corporate world to holistic wellness, Deepika Chalasani has made her name for herself.

2 mins

SHAPING WELL-ROUNDED LEADERS AND INNOVATORS FOR INDIA'S TOMORROWS

Broadening the worldview of students with initiatives which provide both theoretical insights as well as practical experience

2 mins

Read all Stories from Fortune India

Fortune India Magazine Description:

Publisher: Business-Media-Pvt-Ltd

Category: Business

Language: English

Frequency: Monthly

Fortune India, is your ultimate guide to business, economy, and leadership. From corporate power moves to disruptive startups, Fortune India bring you deep insights, expert analysis, and inspiring success stories that shape India’s financial and entrepreneurial landscape.

1. Business & Economy – Exclusive reports on market trends, policy shifts, and economic developments. 

2. Leadership & Strategy – Meet the CEOs, founders, and visionaries redefining industries. 3. Wealth & Investment – Smart strategies for investors, market insights, and expert financial advice.

4.  Tech & Startups – The latest in AI, fintech, and innovations driving India’s growth story.

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