The Hinduja family is one of the wealthiest and most influential business families globally, originating from India. Their legacy spans across multiple generations, with their enterprises having a significant impact in various sectors. Below is an overview of the Hinduja family’s biography and achievements:
Early History
- Founder: The family’s business empire was founded by Parmanand Deepchand Hinduja in 1914. He was born in Shikarpur, a town in Sindh (now in Pakistan).
- Parmanand began his career in trade and commerce, establishing the family business in Mumbai (then Bombay) before moving to Iran, where he focused on trading goods such as textiles, tea, and spices.
- He was guided by the principle: “Work to Give,” which has remained a core philosophy of the Hinduja Group.
The Hinduja Group
- The Hinduja Group, headquartered in London, is one of the largest diversified conglomerates in the world, with interests in sectors including finance, healthcare, automotive, energy, technology, media, and real estate.
- Key Companies:
- Ashok Leyland: A leading automotive manufacturer in India.
- Hinduja Global Solutions: A top business process management company.
- Gulf Oil International: A major player in the energy and lubricants industry.
- IndusInd Bank: A prominent private sector bank in India.
Second Generation Leadership
- After Parmanand’s passing in 1971, his four sons took over the business:
- Srichand Hinduja (SP): Based in London, he was the eldest and often regarded as the group’s patriarch until his passing in May 2023.
- Gopichand Hinduja: Co-chaired the group and managed its European operations.
- Prakash Hinduja: Based in Geneva, Switzerland, overseeing the group’s interests in Europe.
- Ashok Hinduja: Managed the group’s operations in India.
Each son specialized in different geographic and business areas, helping expand the group’s global reach.
Philanthropy
- The Hinduja Foundation, established in 1968, is a philanthropic arm of the family. It supports initiatives in healthcare, education, rural development, and arts and culture.
- Key projects include funding hospitals, scholarships, and disaster relief efforts.
Key Principles
The family’s guiding principles, often shared by Parmanand Hinduja, include:
- Work to Give
- Word is a Bond
- Act Local, Think Global
- Advance Fearlessly
Global Influence
- The Hinduja family has consistently ranked among the wealthiest families globally, with their net worth often exceeding tens of billions of dollars.
- They have played a significant role in fostering economic ties between India and other nations, particularly in Europe and the Middle East.
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