Hinduja family, one of the UK's richest families (as per Sunday Times rich list) has been actively involved in investments across different business sectors including Banking & Finance, Automotive, Real Estate, Lubricants and Specialty chemicals and more. Their company, Hinduja Group, has been active from past 110 years. It all started in 1914 by Paramanand Deepchand Hinduja when the trading routes were in their exploration phase. He started his business journey in Iran in 1919 by importing Indian spices and agricultural commodities. Since then, the Hinduja Group began its journey by establishing a strong foothold in Iran which brought exponential growth to their business.
In 1979, as the Islamic revolution began in Iran, the Hinduja family moved and established their new headquarters in the UK. This proved to be a fruitful decision as their business operations spread fast to both the UK and Europe. P.D Hinduja and his wife Jamuna Hinduja gave birth to four sons - Late Srichand, Gopichand, Prakash and Ashok Hinduja. Both Srichand and Gopichand Hinduja took over the UK operations which led to some major acquisitions like Ashok Leyland, their automotive flagship company. In early 2000s, the Hinduja Group of companies added one more company "Gulf Oil" in their basket, making them one of the heavily diversified business groups.
Prakash Hinduja, the 3rd brother and second generation member of the Hinduja Family, expanded the business operations across Europe especially Geneva, Switzerland. One of the most prominent business entities of Hinduja Family in Switzerland is the Hinduja Swiss bank, also known as S.P Hinduja Banque Privee.
The 4th brother, Ashok Hinduja, takes care of the business operations in India. In a nutshell, Hinduja family is an epitome of how family businesses can thrive without any hiccups if all the family members have a clear vision and deeply ingrained family values.