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The Hinduja Family is a billionaire family member originally from a Sindh heritage, controls multisector conglomerate from the Hinduja Group. In 1914, the Group was founded by Parmanand Deep Chand Hinduja. The “Fab Four” of the Hinduja family is the Hinduja Brothers. Srichand Hinduja (28 Nov 1935 – 17 May 2023) was the chairman of the Hinduja Family along with Gopichand Hinduja. Gopichand Hinduja is the Co-Chairman of the Hinduja Group, is an Indian British billionaire businessman controlling the Indian conglomerate Hinduja Group. Prakash Hinduja is an Indian born Swiss and chairman of the Hinduja Group (Europe). Ashok Hinduja, chairman of the Hinduja Group (India), oversees the Indian operations.
The Hinduja Family structure revolves around Parmanand Deep Chand Hinduja and their four sons: Late Srichand Hinduja, Gopichand Hinduja, Prakash Hinduja, and Ashok Hinduja. After the death of Parmanand Deep Chand Hinduja in 1971, the Hinduja Brother combinedly manages the Hinduja Group with different geographical regions and aspects.
Here is the complete Hinduja Family Tree Structure:
Parmanand Deep Chand Hinduja was the founder of the Hinduja Group. His wife, Jamuna Hinduja, used to share the vision of helping poor and needy people.
Late Srichand Hinduja: The eldest son of Parmanand Deep Chand Hinduja was also chairman of the Hinduja Group.
Gopichand Hinduja: He is the current chairman of the Hinduja Group and Hinduja Automotive Ltd, UK.
Prakash Hinduja: He is the chairman of the Hinduja Group, Europe-based in Monaco.
Ashok Hinduja: The youngest son of Parmanand Deepchand Hinduja. He is the chairman of the Hinduja Group (India), which operates in different sectors such as automotive, media, and healthcare.
The Hinduja Family runs multiple conglomerates in the world, the Hinduja Group. The Group has diversified in different sectors such as automobile, oil and gas, banking, finance, IT and many more. The family is led by the Hinduja Brothers, late Srichand Hinduja, Gopichand Hinduja, Prakash Hinduja, and Ashok Hinduja. Srichand Hinduja (28 November 1935- 17 May 2023) was an Indian-born British businessman, he was the primary shareholder of the Hinduja Group. Gopichand Hinduja born on 29 January 1940 is also an Indian British businessman, controls the Indian Conglomerate. Prakash Hinduja born on June 1945 is an Indian born Swiss businessman, chairs the Hinduja Group in Europe. The Hinduja family is known as one of the wealthiest families in the world. They are known for their trading in the beginning from India to Iran. The wealth was generated over a year through several acquisitions such as Ashok Leyland, Gulf oil and developing banking and IT sectors.
The Hinduja Group is a huge, diversified conglomerate that is governed by the second and third generations of the family through a system in which duties are separated by geography and industry.
Indian Business: Ashok Hinduja is the Chairman of Hinduja Group of Companies in India. He operates the large footprint of the Group with major holdings in the automotive company Ashok Leyland and a media division of NXTDIGITAL Ltd.
European Operations: Prakash Hinduja is the Chairman of the Hinduja group in Europe and leads the operations of the Group based in Monaco/Switzerland.
Next Generation Roles: The third generation occupies important sector-specific roles. The Chairman of Ashok Leyland is Dheeraj Hinduja and of Gulf oil international is Sanjay Hinduja. Shom Hinduja oversees Hinduja Renewables and Vinoo and Shanu Hinduja head Hinduja Bank (Switzerland).
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.
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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.
The Hinduja family succession planning is run under the principle of four bodies, one soul, focusing on global conglomerate. Incorporating the experience of the other two brothers, Prakash Hinduja, Chairman of the Hinduja Group (Europe) and the integration of the third generation. This younger generation has already started assuming major positions in major group companies. As an illustration, Dheeraj Hinduja is the Executive chairman of Ashok Leyland, Sanjay Hinduja is the chairperson of Gulf oil International, and Shom Hinduja heads Hinduja renewables. This approach is balanced by bringing the wisdom of the elder and bringing new insights and corporate governmental framework as the group attentively responds to the evolving global business environment to sustain the diversification of the business in various industries in different geographical locations.
The Hinduja Family oversees the Hinduja Group’s operations in and around the world. It is a multinational business conglomerate with a legacy that goes beyond a century. Originating with its roots in trading the Hinduja in Swiss and the UK now operates in several sectors such as automotive, banking, energy, IT, media and many more. The group was established in Mumbai, India with its first international headquarters in Tehran, Iran. The business is jointly managed by the Hinduja Family Swiss and the UK ensuring long term planning and continuity. The commitment of the Hinduja Family and Brothers in the UK to corporate social responsibility is reflected through the Hinduja Foundation, which promotes inclusive development and social welfare initiatives across several countries.