PP Reddy is a self-made billionaire who hails from a humble farming background in India. He is known for his flamboyant yet humble personality and is the Chairman of Megha Engineering and Infrastructure Limited (MEIL), a company valued at Rs 26,700 crore ($3.6 billion). Reddy's journey to success is one of determination and hard work.
Reddy started his entrepreneurial journey in 1989 with just two employees. His nephew, PV Krishna Reddy, joined him in 1991 after completing his graduation. Together, they started Megha Engineering Enterprises, which began by constructing small pipes for municipalities. Over the years, they expanded the company's scope to take on larger infrastructure projects such as roads, dams, natural gas distribution networks, and lift irrigation projects.
Reddy's most significant project to date is India's largest lift irrigation project, the Kaleshwaram lift irrigation project, which costs a staggering $14 billion. The project will provide 5.7 crore cubic metres of water supply daily to drought-prone areas of Telangana from the Godavari River. Reddy compared the project to "moving a river."
Reddy's success has made him one of India's wealthiest people, with a net worth of over Rs 17,220 crore ($2.1 billion), according to Forbes. Despite his immense wealth, Reddy remains humble and grounded. He believes that building trust is crucial in life and advises people to work hard to win the trust of everyone and to maintain it.
Reddy's personal life reflects his success. He owns his personal golf course and a palatial residence that is one of Hyderabad's modern landmarks. The house is designed to look like a sparkling diamond and is made entirely of glass.
Reddy's success story is an inspiration to many, especially those who come from humble beginnings. He is an excellent example of how hard work, determination, and perseverance can help one achieve their dreams. Reddy's journey shows that success is achievable, no matter one's background or circumstances, as long as one is willing to work hard and stay focused.
