Pawan Ruia

Industrialist

Indian Pipri, Uttar Pradesh

Quick Info

ProfessionIndustrialist
NationalityIndian
Date of Birth10/12/1957
Age68 years
BirthplacePipri, Uttar Pradesh

Latest News about Pawan Ruia

31/03/2026

Industrialist Pawan Ruia, known as the 'turnaround tycoon', was arrested by the West Bengal Police Cyber Crime Wing on March 31, 2026, in connection with a major interstate cyber fraud case involving alleged shell companies and cryptocurrency-based money laundering. The Calcutta High Court had previously granted him anticipatory bail in January 2026 but later vacated that protection, leading police to take him into custody near Eco Park in Kolkata. Ruia faces charges of cheating, criminal breach of trust, and forgery under sections 419, 420, 406, 120B, 467, and 471 of the Indian Penal Code, and is currently in judicial custody.

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Bio/Wiki

Famous ForTurning Around the Sick Units
Known AsTurnaround Tycoon

Physical Stats & More

Eye ColorBlack
Hair ColorGrey

Educational Qualification(s)

College/University
  • St. Xavier’s College, Kolkata
  • University of Calcutta
Qualifications
  • CA
  • ICWA
  • Degree in Law
  • PhD in Management
  • Company Secretaryship

Personal Life

ReligionHinduism
HobbiesReading Books and Listening to Music

Relationships & More

Marital StatusMarried

Family

FatherLate Shri Shyamlal Ruia
MotherParamatma Devi Ruia
Siblings
  • Deepak Kumar Ruia
  • Durga Saraf
  • Asha Kumari
  • Vibha Bajaria
SpouseSarita Ruia
Children
  • Raghav Ruia
  • Pallavi Ruia Dutt
  • Sakschi Ruia
  • Radika Ruia

Career

Highlights
  • Founded Ruia Group in 1993
  • Took over 225-year-old PSU Jessop & Co in 2003
  • Became Chairman of Raghav Industries Ltd. in 2003
  • Acquired Dunlop India Ltd. and Falcon Tyres Ltd. in 2005
  • Currently serves as Chairman of Ruia Group India and as a Director at Ruia Cotex Ltd.
Jessop ClientsIndian Railways, Defence Services, BSL, BSP, DSP, Kolkata/Haldia Port etc.
Current PositionChairman and MD of Ruia Group

Some Lesser Known Facts

1. Shyamlal Ruia learned entrepreneurial skills from his father.
2. He graduated from St. Xavier’s College.
3. He obtained an LL.B. from the University of Calcutta.
4. Shyamlal Ruia holds degrees in Chartered Accountancy, Cost Accountancy, and Company Secretaryship.
5. Grew up within factory precincts in Pipri, which shaped his unique corporate philosophy.
Information on this page is collected from public sources and may not be 100% accurate. Report an error
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