From spending nights at a railway station to becoming a billionaire sounds like the plot straight from the script of a Bollywood movie. But, the story of Satyanarayan Nandlal Nuwal, the chairman and founder of defence firm, Solar Industries India, is exactly that.

Born and brought up in Rajasthan, Nuwal had humble beginnings. He was born into a middle-class family, where his father worked as a government accountant and his grandfather was a shopkeeper. When he was in the 10th grade, Nuwal was forced to drop out of school due to financial constraints. But that didn’t crush him, instead, he found his calling in business.

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At the age of 18, he reportedly started an ink manufacturing plant, but it didn't succeed. Despite this failure, Nuwal continued exploring other ventures. He saw some of the most challenging days during this period when he travelled to Maharashtra in search of a job. On some of his tough days, Nuwal slept at the railway station and struggled to make ends meet.

Amid the ups and downs, Nuwal finally entered the explosives industry. He started out trading in industrial explosives and eventually began manufacturing them. Today, Solar Industries is a testament to his vision and determination. The company specialises in explosives, grenades, drones, and warheads and boasts of a market capitalisation of nearly ₹1 lakh crore. Over the past 5 years, the company’s shares have surged more than 900%.

Nuwal’s net worth, on the other hand, is estimated to be over $5 billion (₹41,974 crore). His life story is a living example of rags to riches. His journey stands as a guiding beacon for aspiring entrepreneurs worldwide, reminding them to persevere and rise above challenges.

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