Hasmukh Chudgar built his fortune by founding Intas Pharmaceuticals in 1977 and growing it into an international generics and biopharmaceutical company before handing day-to-day operations to his sons. [1][2]
He founded the pharmaceutical business behind the family fortune
Forbes says Hasmukh Chudgar founded generics maker Intas Pharmaceuticals in 1977, making company creation rather than inheritance the starting point of the fortune. [1]
Forbes says Chudgar later handed operating responsibility to his sons Nimish and Binish, who run the company, while a third son, Urmish, heads its biopharma business. [1]
That succession places the present fortune within a family-run enterprise, but the reviewed evidence traces the original operating asset and its creation to Hasmukh Chudgar himself. [1]
Intas expanded into a global pharmaceutical platform
Forbes describes Intas as a multibillion-dollar revenue pharmaceutical company whose major markets include Europe and India and notes continued expansion through acquisitions. [1]
Intas says it now operates across more than 85 countries through a vertically integrated pharmaceutical business and a network of international subsidiaries, supporting the scale built from the company Chudgar founded. [2]
Sources for background
Sources reviewed Sep 24, 2026.
- Hasmukh Chudgar & family · Forbes · Mar 10, 2026
- About Us · Intas Pharmaceuticals
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