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Lachhman Das Mittal Net Worth

Lachhman Das Mittal is a successful Indian businessman who began his career in 1990 at the age of 65 after retiring from the Life Insurance Corporation of India. His Sonalika Group is now India's third-largest tractor maker, and he has a 30% stake in his tractor outfit International Tractors with Japanese firm Yanmar. Despite handing over operations to his sons and grandsons, Mittal still attends office every day.
Lachhman Das Mittal is a member of Automotive

Age, Biography and Wiki

Birth Place

Delhi, India, India

💰 Net worth: $2.5 Billion (2024)

Lachhman Das Mittal, famously known as "Automotive in India," has emerged as a prominent figure in the automotive industry. With his remarkable business acumen, he has amassed an estimated net worth of $2.5 billion as of 2024. His contributions to the Indian automotive sector have been transformative, establishing him as a visionary leader. Mittal's success can be attributed to his apt understanding of consumer needs and his ability to stay ahead of emerging trends. As a result, he has not only accumulated significant wealth but has also made significant strides in shaping India's automotive landscape.

2014 $1.1 Billion

2015 $1.5 Billion

2016 $1.7 Billion

2017 $1.4 Billion

2018 $1.94 Billion

Some Lachhman Das Mittal images

Famous Quotes:

I can convince anyone to purchase my tractors.

Biography/Timeline

1962

Mittal has completed his Master of Arts(English & urdu) from Punjab University. In 1962 he began Manufacturing wheat threshers with the help of local blacksmiths in Hoshiarpur, Punjab. The following year the family goes bankrupt and by 1970 his net worth was Rs 1 lakh. He tells "Once I applied for dealership of Maruti Udyog but was rejected. Today, I give out dealerships".