Rishi Agarwal: The shipbuilder whose empire sank from within amid fraud allegations

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Business

1 August 2026 at 1:31 pm

Rishi Agarwal: The shipbuilder whose empire sank from within amid fraud allegations

HyperFast News

Summary

Rishi Agarwal, who built ABG Shipyard into a major Indian shipbuilder, saw his empire collapse due to debt-fueled expansion, leading to liquidation and allegations of a ₹22,842-crore fraud.

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