ResearcherFacts at 17:27, 2 April 2026

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{{Short description|Indian businessman}}
{{Use dmy dates|date=July 2019}}
{{Infobox person
| name = Jupally Rameswar Rao
| image = Rameswar Rao Jupally.jpg
| image_size =
| caption =
| birth_date = {{Birth date and age|1955|09|16|df=yes}}
| birth_place = Kudikilla, [[Mahbubnagar]], [[Telangana]]
| alma_mater =
| title = {{indented plainlist|
* Founder and chairman of My Home Group
* Managing director of Maha Cement
* Chairman of [[TV9 Telugu]]
}}
| known_for =
| spouse = Sri Kumari
| children = 4
| website =
| footnotes =
| relations =
}}

'''Jupally''' '''Rameswar Rao''' (born 16 September 1955) is an Indian businessman. He is the founder-chairman of My Home Group, a [[Hyderabad]]-based company with a presence in real estate, cement, and power sectors.<ref name="toi">{{cite news |last1=Sengupta |first1=Sudipta |date=March 5, 2015 |title=From homeopathy to building homes |work=[[The Times of India]] |url=http://timesofindia.indiatimes.com/city/hyderabad/From-homeopathy-to-building-homes/articleshow/46462905.cms}}</ref><ref>{{cite news |date=January 9, 2014 |title=Furore at GAME park event |work=[[The Hindu]] |url=http://www.thehindu.com/news/cities/Hyderabad/furore-at-game-park-event/article5554672.ece}}</ref><ref>{{cite news |date=November 21, 2014 |title=No irregularities in MyHome Constructions: CM K Chandrasekhar Rao |publisher=[[Deccan Chronicle]] |url=https://www.deccanchronicle.com/141121/nation-current-affairs/article/no-irregularities-myhome-constructions-cm-k-chandrasekhar-rao}}</ref> One of the brands of his company, Maha Cement, has a reported annual revenue of [[Indian rupee|₹]]3,000 [[crore]].<ref name="toi"/> As per ''[[Forbes]]'' magazine, Rameswar Rao has a net worth of $3.2 billion, as of March 2024.<ref name=":0" />

== Early life ==
Rameswar Rao was not born into generational wealth, and had to struggle during his childhood, often walking miles to attend his school. He wanted to become a homeopathy physician, and studied for this in [[Hyderabad]]. Through connections he made as a student leader, he opened his practice in Dilsukhnagar.

On the advice of a friend, he once invested ₹50000 to develop a plot of land and sold it three years later for ₹150000. Realising the potential of undeveloped land, he quit his homeopathy practice and ventured into real estate. He eventually founded the My Home Group, which today is one of the largest real estate companies in India

== Career ==
In 1981, he established My Home Constructions Private Limited, which had an annual revenue of ₹650 [[crore]] as of November 2016.

Rameswar Rao ventured into the cement business and started Maha Cement (My Home Industries Private Limited), which he later encashed by selling 50% to [[CRH plc]], an Irish company, for ₹1429 crore in 2008.<ref>{{cite news|title=Cement firm My Home to consolidate all existing products under 'MAHA Cement' brand|url=http://realty.economictimes.indiatimes.com/news/allied-industries/cement-firm-my-home-to-consolidate-all-existing-products-under-maha-cement-brand/55618895|publisher=[[The Economic Times]]|date=November 25, 2016}}</ref><ref name="outlook">{{cite news|title=Where The Rich Are Investing 2016|url=https://www.outlookbusiness.com/specials/where-the-rich-are-investing_2016/rameswar-rao-jupally-3193|publisher=[[Outlook (Indian magazine)|Outlook Business]]|date=November 11, 2016}}</ref> He bought the 3.2 million tonne cement plant Sree Jayajyothi Cements from [[Shriram Group|Shriram Epc]] for ₹1,400 crore in 2013. Now the company has a 10-million tonne cement capacity, making Maha Cement one of the largest cement producers in [[South India]].

Rameswar Rao had a net worth of [[United States dollar|US$]]2.5 billion as of March 2024, according to ''[[Forbes]]''.<ref name=":0">{{Cite web |title=Jupally Rameshwar Rao |url=https://www.forbes.com/profile/jupally-rameshwar-rao/ |access-date=2022-11-04 |website=Forbes |language=en}}</ref>

He made significant contributions to build the Statue of Equality in Shamshabad Hyderabad India, including donating the land on which it was built.

He is also the majority owner of the [[TV9 Telugu|TV9]] news network, and part owner of the [[NTV (India)|NTV]] news network, owning about 12 percent of the channel.

== Recognition ==
In May 2017, Rameswar Rao was given the [[Lifetime Achievement Award]] by [[M. Venkaiah Naidu]], the [[Ministry of Housing and Urban Affairs|Union Minister of Urban Development]], [[Ministry of Housing and Urban Poverty Alleviation|Housing and Urban Poverty Alleviation]] at the HMTV Business Excellence Awards.<ref>{{cite news|title=Biz boost to build wealth|url=http://www.thehansindia.com/posts/index/Telangana/2017-05-07/Biz-boost-to-build-wealth/298258|publisher=[[The Hans India]]|date=May 7, 2017}}</ref>

Rameswar Rao's company M/s My Home Constructions Pvt. Ltd received the safety awards at the Global Safety Summit International Awards & Conference in [[London]]. He was honored for his contributions to health and safety.<ref>{{cite news|title=My Home Group Chairman Dr Jupally Rameswar Rao conferred with prestigious GSS Global Safety Awards 2023|url=https://www.news9live.com/india/my-home-group-chairman-dr-jupally-rameswar-rao-conferred-with-prestigious-gss-global-safety-awards-2023-2222548|publisher=www.news9live.com|date=July 22, 2023}}</ref><ref>{{cite news|title=10th Global Safety Summit concluded on 23 Dec 2022; nominations open for International Safety award 2023, London|url=https://www.forbesindia.com/article/brand-connect/10th-global-safety-summit-concluded-on-23-dec-2022-nominations-open-for-international-safety-award-2023-london/82275/1|publisher=www.forbesindia.com|date=December 29, 2022}}</ref>

==References==
{{Reflist}}
{{Portal bar|Biography|Business and economics|India}}
{{Authority control}}

{{DEFAULTSORT:Rameswar Rao, Jupally}}
[[Category:1955 births]]
[[Category:Living people]]
[[Category:Indian businesspeople in the cement industry]]
[[Category:Indian businesspeople in the real estate industry]]
[[Category:Indian billionaires]]
[[Category:Indian philanthropists]]
[[Category:Businesspeople from Telangana]]
[[Category:People from Mahbubnagar district]]

Jupally Rameswar Rao - Revision history

ResearcherFacts at 17:27, 2 April 2026