Top 6 Successful Muslim Entrepreneurs in India

This article highlights the achievements of the top six Muslim entrepreneurs in India, showcasing their contributions to various industries. From Azim Premji's leadership at Wipro to Yusuf Ali's expansive Lulu Mall chain, these business figures have made significant impacts. Discover the stories of Meraj Manal, Rafiq Malik, Shahnaz Hussain, Yusuf Khwaja Hamid, Rashid Ahmed Mirza, and Shamoon Sultan, who are not only successful in their ventures but also serve as inspirations for aspiring entrepreneurs. Read on to learn more about their journeys and the businesses they have built.

By Narendra Chaudhary Apr 14, 2026, 20:56 IST

Leading Muslim Business Figures in India

Azim Premji stands out as India's most prominent industrialist, with his company Wipro being one of the largest IT firms in the country.

In the realm of Muslim entrepreneurs, Meraj Manal ranks second, known for owning the herbal company 'Himalaya'.

Rafiq Malik is recognized as the third-largest Muslim businessman in India, leading the well-known footwear brand 'Metro'.

Yusuf Ali holds the fourth position among Muslim entrepreneurs, being the owner of the renowned 'Lulu Mall' chain across several countries, focusing on hotels and malls.

Shahnaz Hussain is the fifth-largest Muslim businesswoman, specializing in skincare and beauty products through her company 'Shahnaz Herbals Inc'.

Yusuf Khwaja Hamid, the owner of the famous pharmaceutical company 'Cipla', is listed as the sixth-largest Muslim entrepreneur in India.

Rashid Ahmed Mirza, known for his shoe business, is recognized as the eighth-largest Muslim businessman, with his brand 'Red Tape' gaining significant popularity.

Shamoon Sultan, who operates in the khadi clothing sector, is noted as the seventh-largest businessman in India.