10th qualified Satyanarayan Nuwal owns an empire of crores

India Untold Image credits: Twitter

The beginnings

Satyanarayan discontinued his education after grade 10. He got married at 19 and started selling fountain pens. Image credits: Twitter

Making the ends meet

Satyanarayan was born in Rajasthan. His father retired from the post of Patwari in the year 1971. From thereon, the family faced financial challenges. Image credits: Twitter

A meeting with Abdul Sattar

In the year 1977, Satyanarayan met Abdul Sattar in Chandrapur, Maharashtra. Abdul was a dealer of explosives used is digging wells and mines. Image credits: Twitter

A turning point in Satyanarayan’s life

He used Allahbhai’s license for selling explosives on a monthly salary of Rs 1000. Image credits: Twitter

A manufacturing unit in 1995

Satyanarayan took a loan from SBI in the year 1995 and started a manufacturing unit of his own. Image credits: Twitter

Satyanarayan’s company was listed in BSE and NSE in the year 2006.

Making a mark

In 2021-22, Satyanarayan became the fourth largest producer of explosives. Image credits: Twitter

Company's production

Satyanarayan’s company manufactures armaments, military equipment, and components for rockets and missiles. Image credits: Twitter

Satyanarayan stands as a shining example of Atmanirbhar Bharat.

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