Kichannagari Laxma Reddy is a prominent businessman and politician from Telangana, India. He is the founder and chairman of KLR Industries Ltd, a leading manufacturer and exporter of drilling rigs and accessories. He is also a member of the Telangana Legislative Assembly, representing the Medchal constituency from the Indian National Congress party. In this article, we will explore his life, achievements, family, and more.
Biography and Qualifications
Kichannagari Reddy was born in 1966 in Hyderabad, Telangana, India. He belongs to the Reddy community, which is a dominant caste group in Telangana. His father, Konda Reddy, was a farmer and his mother was a homemaker. He has two brothers and two sisters.
He completed his schooling from a local high school in Hyderabad. He then pursued his higher education from N.B. Science College, where he obtained a Bachelor of Science degree. He later enrolled in Osmania University, where he earned a Master of Science degree in Biknoor in 1980.
Family Details
- Kichannagari Reddy was born in Sri. K. Konda Reddy, who was a farmer in Hyderabad. His mother’s name is not publicly available, but she was a homemaker who took care of the family.
- He has two brothers and two sisters, whose names are also not publicly available. They grew up together in Hyderabad and supported each other in their endeavors.
- One of his brothers, Venkateshwar Reddy Kalva, is also a businessman who works as a director of KLR Industries Ltd. He is also involved in social and philanthropic activities. He has a LinkedIn profile where he posts updates on his professional life.
- One of his sisters, Anuroop Kichnnagari, is also a director of KLR Industries Ltd. She is also a qualified chartered accountant and a member of the Institute of Chartered Accountants of India. She has a LinkedIn profile where she posts updates on her professional life.
- His other brother and sister are not much known in the public domain, but they are also believed to be successful in their respective fields. They maintain a low profile and do not have any social media presence.
- Reddy and his siblings are close to each other and share a strong bond. They often visit each other and celebrate various festivals and occasions as a family.
As a Businessman
After completing his education, Kichannagari Laxma Reddy decided to enter the business world. He founded KLR Industries Ltd in 1984, with the vision of providing quality and affordable drilling solutions for various applications such as water well drilling, mining, construction, piling, geotechnical, geothermal, mineral exploration, blast hole, core drilling, reverse circulation, and many custom-made rigs.
KLR Industries Ltd is an ISO 9001:2015 certified company that has a wide global presence with customers in over 30 countries across Africa, Asia, Europe, and America. The company has a state-of-the-art manufacturing facility in Hyderabad, where it produces drilling rigs and accessories such as DTH hammers, cluster hammers, rock roller bits, drill rods, hydraulic cylinders, button bits, drag bits, and more.
Kichannagari Reddy is the driving force behind the success of KLR Industries Ltd. He is responsible for the overall management and strategic direction of the company. He has also been instrumental in developing innovative products and technologies that enhance the efficiency and performance of drilling operations. He has received several awards and recognitions for his contributions to the drilling industry.
Career
Apart from being a successful businessman, Kichannagari Reddy is also an active politician. He joined the Indian National Congress (INC) party in 2008 and contested the 2009 Andhra Pradesh Legislative Assembly election from the Medchal constituency. He won the election with a margin of over 20,000 votes and became a Member of the Legislative Assembly (MLA).
He was one of the supporters of the Telangana movement that demanded a separate statehood for the region. He participated in various agitations and protests along with other leaders and activists of the Telangana Rashtra Samithi (TRS) party. He also supported the fast-unto-death undertaken by TRS chief Kalvakuntla Chandrashekar Rao (KCR) in 2009 to pressurize the central government to grant Telangana statehood.
After the formation of Telangana state in 2014, Reddy continued to be an MLA from the Medchal constituency. He was also appointed as the chairman of the Telangana State Industrial Infrastructure Corporation (TSIIC), a government agency that facilitates industrial development in the state.
He contested the 2018 Telangana Legislative Assembly election from Medchal constituency again and retained his seat with a margin of over 40,000 votes. He is currently serving as an MLA and as the chairman of TSIIC. He is also involved in various social and welfare activities in his constituency.
Net Worth/Income
According to the web search results, Reddy’s net worth is estimated to be around INR 35-70 crore (approximately USD 4.7-9.4 million) as of 2023. This is based on his assets and liabilities declared in his affidavit for the 2018 Telangana Legislative Assembly election.
His assets include movable assets such as cash, bank deposits, bonds, shares, vehicles, jewelry, etc., and immovable assets such as land, buildings, agricultural properties, etc. His liabilities include loans from banks, financial institutions, individuals, etc.
Here is a table of his assets and liabilities as per his affidavit:
| Parameter | Value |
|---|---|
| Total Movable Assets | INR 14,10,78,279 |
| Total Immovable Assets | INR 30,34,80,000 |
| Total Assets | INR 44,45,58,279 |
| Total Liabilities | INR 21,03,70,211 |
| Net Worth | INR 23,41,88,068 |
According to the web search results, Kichannagari Laxma Reddy’s main sources of income are his business and his political career. He is the founder and chairman of KLR Industries Ltd, a leading company in the drilling industry that manufactures and exports drilling rigs and accessories for various applications.
Controversies
- He resigned from his position as the chairman of the Telangana State Industrial Infrastructure Corporation (TSIIC) in October 2023, citing personal reasons. He said he wanted to focus on his business and social activities. He also thanked Chief Minister K Chandrasekhar Rao for giving him the opportunity to serve the state.
- He was shifted from his current constituency of Medchal to Maheswaram by the Congress high command in October 2023, as part of a strategy to shuffle candidates based on survey reports and winnability factors. He was expected to face a tough contest from Minister Sabitha Indra Reddy, who was the BRS candidate from Maheswaram.
- He was involved in a controversy in September 2023, when he allegedly assaulted a journalist who was covering a protest by farmers against land acquisition for an industrial park in his constituency. He denied the allegations and claimed that he was trying to pacify the situation. He also accused the journalist of being biased and working for the BRS.
Spouse, Children and Family
Kichannagari Laxma Reddy is married to his wife whose name is not publicly available. She is also a businesswoman who helps him run KLR Industries Ltd. They have two children: a son and a daughter.
Their son, Abhishek Reddy, is also a businessman who works as the managing director of KLR Industries Ltd. He is also involved in social and philanthropic activities. He has a Facebook page, where he posts updates on his personal and professional life.
Their daughter, Anusha Reddy, is a doctor who works as a consultant dermatologist and cosmetologist at Apollo Hospitals in Hyderabad. She is also a fitness enthusiast and a fashion lover. She has an Instagram account, where she shares her photos and videos.
Kichannagari Laxma Reddy and his wife are proud parents of their children and support them in their endeavors. They live together in Hyderabad and celebrate various festivals and occasions as a family.
Social Media Presence
Kichannagari Laxma Reddy is active on various social media platforms where he shares his views and updates on his personal and professional life. He has thousands of followers who admire his work and achievements.
Facebook: KLROFFICIAL
LinkedIn: KichannagariLaxmaReddy
YouTube: MLA_KLR
Twitter: MLA_KLR
Instagram: mla_klr
Kichannagari Laxma Reddy Wiki, BIO
| Full Name | Kichannagari Laxma Reddy |
| Date of Birth | 1966 |
| Place of Birth | Hyderabad, Telangana, India |
| Education | B.Sc from N.B. Science College, M.Sc from Osmania University |
| Profession | Businessman, Politician |
| Founder | KLR Industries Ltd |
| Political Party | Indian National Congress (INC) |
| Constituency | Medchal |
| Position | MLA, Chairman of TSIIC |
| Religion | Hindu |
| Caste | Reddy |
| Marital Status | Married |
| Children | Abhishek Reddy (son) Anusha Reddy (daughter) |
| Homepage | newsunzip.com |
Kichannagari Laxma Reddy is a well-known personality in Telangana who has made a mark in both business and politics. He is the founder and chairman of KLR Industries Ltd, a leading company in the drilling industry.
He is also an MLA from Medchal constituency and the chairman of TSIIC. He is a supporter of the Telangana movement and a loyal member of the INC party. He is married and has two children. He is active on social media and enjoys traveling and reading
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