22 April 2026, Mumbai: ASK Private Wealth and Hurun India launched the inaugural edition
of the 2026 ASK Private Wealth Hurun India Successors 50, India's first and
most rigorous ranking of next-generation business leaders, evaluated
exclusively on the Growth Multiple achieved by their enterprises between March
2020 and March 2026. Only companies with a current market capitalisation of INR
5,000 crore or higher have qualified, ensuring the list captures only those
successors who have built enterprises of genuine, lasting scale.
The combined market capitalisation of all 50 companies on the 2026
ASK Private Wealth Hurun India Successors 50 stands at INR 30.9 lakh crore
(approx. USD 370 billion), up from INR 4.6 lakh crore in March 2020, a 6.7×
multiplication. The list features 63 next-generation leaders across 18 sectors,
headquartered in 16 cities across 11 states. Jupiter Wagons' Vikash Lohia (2nd
Gen) tops the list with a 152.8× growth multiple. Amit Dahanukar (4th Gen,
Tilaknagar Industries) and Abhyuday Jindal (3rd Gen, Jindal Stainless) share
the second spot at 52.5× each. These 50 companies generate INR 8.20 lakh crore
in annual revenue, earn INR 90,168 crore in profit, employ over 8.60 lakh
people, and spend INR 1,028 crore annually on CSR.