Megha Engineering Enterprises
A farmer's son, P.P. Reddy founded Megha Engineering Enterprises to build small pipes for municipalities in 1989. The company was soon expanded to building bigger infrastructure projects such as dams, natural gas distribution networks, power plants and roads.
Right now, Megha Engineering Enterprises is setting up India’s largest lift irrigation project, worth $14 billion, in the Indian state of Telangana, which is prone to droughts.
Despite the megaproject, Reddy saw a 26% dip in his estimated wealth.