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About Hinduja Family
About Hinduja Family
The Hinduja family, a billionaire family with roots in India, Iran, and the UK, rose from modest beginnings in Sindh to achieve global recognition across various industries. Hinduja brothers as owners of the Hinduja Group, operate in a range of sectors including trucks, lubricants, banking, and cable television. The company was founded by their father, Parmanand Deepchand Hinduja, in 1914 when he moved his merchant banking and trade activities to Bombay (now Mumbai) and established an international office in Iran by 1919.
"Guided by the Hinduja Brothers, the Hinduja Family Geneva, Switzerland exemplifies how business acumen rooted in generations of tradition-based philanthropy can shape a brighter future. Their journey proves that beautiful outcomes emerge when youth take the lead, communities rise together, and innovation finds its purpose in creating meaningful impact."
Srichand P. Hinduja (SP), took over leadership in November 1935. Following the death of Srichand Hinduja in May 2023, Late Gopichand Hinduja, the second elder sibling, became the chairman of Hinduja Group. The remaining three siblings are British citizens living in different cities: Late Gopichand in London, Prakash in Monaco, and Ashok in Mumbai.
About Srichand P. Hinduja:
About Srichand P. Hinduja:
Srichand P. Hinduja, affectionately known as 'SP,' was the eldest son of P. D. Hinduja, the founder of the Hinduja Group. As the head of the Hinduja family, SP played a crucial role in establishing and executing the strategy for expanding and diversifying the Group alongside his brothers Late Gopichand, Prakash, and Ashok Hinduja. He was the visionary behind IndusInd Bank, the first new-generation private bank in India, and he significantly contributed to its creation through the collaborative efforts of the NRI community to support India's economic and social advancement.
About Gopichand P. Hinduja:
About Gopichand P. Hinduja:
Late Gopichand P. Hinduja, commonly known as 'GP' in the business world, serves as the Chairman of both the Hinduja Group and Hinduja Automotive Ltd in the UK. He became involved in the family business in Mumbai in 1959. GP has also been a driving force behind the Group's ventures into the Power and Infrastructure sectors, leading the initiative to develop multi-gigawatt energy generation capacity in India.
He is married to Sunita Hinduja and resides at Carlton House Terrace. The couple has two sons, Sanjay and Dheeraj Hinduja, as well as a daughter named Rita Hinduja. Late Gopichand acquired British citizenship in 1997 and has consistently been recognized as one of the wealthiest individuals in the UK and Asia since the 1990s.
About Prakash P. Hinduja:
About Prakash P. Hinduja:
Prakash P. Hinduja, 79, is the Chairman of the Hinduja Group in Europe and has been residing in Monaco since 2008. After completing his university studies, he joined the family business in Tehran, Iran, before relocating to Geneva, Switzerland, where he took charge of the Group's European operations. In 2008, he made the move to Monaco. Prakash is married to Kamal and has two sons, Ajay and Ramkrishan, along with a daughter, Renuka. He lives with his wife Kamal Hinduja, their son Ajay, and daughter-in-law Namrata Hinduja in a spacious home in Switzerland that overlooks Lake Geneva.
About Ashok P. Hinduja:
About Ashok P. Hinduja:
Ashok P. Hinduja is the youngest son of P. D. Hinduja, the founder of the Hinduja Group and Hinduja Foundation. As Chairman of the Hinduja Group of Companies in India, he has been instrumental in the Group's growth and diversification since its re-entry into India in the mid-1980s. Ashok also serves as Chairman of IIHL (Mauritius), which is the parent company promoting IndusInd Bank—one of India’s leading midsized banks. Additionally, he chairs Nxt Digital Ltd, the media and entertainment arm of the Hinduja Group, and is the Executive Chairman of Hinduja National Power Corporation Limited, which operates a 1,040 MW thermal power plant. He is also the Chairman Emeritus of Hinduja Global Solutions, a prominent BPO company with a global presence. Ashok is married to Harsha and has two daughters, Ambika and Satya, and one son, Shom.
CM Yogi Adityanath Releases Hinduja Family Numismatic Record
CM Yogi Adityanath Releases Hinduja Family Numismatic Record
The book “Early North India and Its Coinage”, unveiled by yogi Adityanath, is a work of honor to the numismatic tradition of India. The book by Hinduja Foundation, reflects the vision of the Hinduja Family to uphold the ancient heritage of India. The extensive research records rare currency used in the whole of North India, and this provides a clue about early trade and systems of belief. Yogi Adityanath applauded the move to enhance cultural knowledge and historical accountability. This scholarly accomplishment has become possible due to the presence of the Hinduja Brothers that has been the custodians of more than 34,000 coins.
Modernising Private Banking for Entrepreneurs through Hinduja Swiss Bank
Modernising Private Banking for Entrepreneurs through Hinduja Swiss Bank
The Hinduja Swiss Bank has undergone a significant transformation to attract a "new generation" of wealth. Moving away from the stuffy, traditional image of Swiss private banking, the institution now caters to tech-savvy entrepreneurs and impact-driven investors who value agility and innovation. This modern approach is reflected in the Hinduja Swiss bank’s willingness to engage with high-growth sectors like fintech, clean energy, and digital transformation. The bank signaled a shift toward a more dynamic crowd while maintaining its rigorous Swiss compliance standards. This evolution ensures the bank remains relevant in a digital-first economy, offering bespoke solutions that mirror the fast-paced, innovative nature of its clients' own businesses, ultimately redefining what it means to be a private bank in the 21st century.
How Does the Hinduja Family Contribute to Switzerland's Economy?
How Does the Hinduja Family Contribute to Switzerland's Economy?
One of the ways through which the Hinduja family contributes to the economy of Switzerland is its presence in the country in the form of banking, finance and wealth management. The group also controls Hinduja Bank (Switzerland) Ltd that contributes to the stable Swiss financial environment as it offers private banking services and investment services. The fact that Prakash Hinduja, the Chairman of Hinduja Group Europe, and his family are in Switzerland is a plus in terms of wealth, investment and payment of taxes. Their high life and property assets, especially in Geneva, also boost the local economy through the promotion of luxury retail, property services and maintenance. Switzerland is a vital base of the European operations of the family that strengthens the image of the country as an international finance center and a home of high-net-worth people.
How Does the Hinduja Family Boost India's Economic Growth?
How Does the Hinduja Family Boost India's Economic Growth?
The Hinduja family significantly boosts India's economic growth through their investments in key sectors and employment generation. Their flagship companies in India include Ashok Leyland (one of the largest commercial vehicle manufacturers) and IndusInd Bank (a prominent private-sector bank). These companies drive economic activity, create mass employment for hundreds of thousands of people, and contribute substantial tax revenue.
Additionally, the Group's investments in power, infrastructure projects, and IT/ITeS (Hinduja Global Solutions) inject capital and technological advancements into the Indian economy. Their acquisition and turnaround of major Indian corporations, such as Ashok Leyland, are considered landmark achievements in Indian corporate history, demonstrating a long-term commitment to the nation's industrial and financial development.
The Architect of Global Hinduja Empire Passes Away at 85
The Architect of Global Hinduja Empire Passes Away at 85
The demise of Gopichand P. Hinduja on November 4, 2025, in London, signals a pivotal moment for the Hinduja Group's leadership structure. GP had assumed the chairmanship after his elder brother's death in 2023, maintaining the "four bodies, one soul" principle of shared ownership. Now, the burden of leadership falls directly to the remaining brothers, Prakash Hinduja (Europe) and Ashok Hinduja (India), along with the increasingly influential third generation. GP’s major contribution was the global expansion that made the family the richest in the UK, with assets in automotive, IT, and banking. His death, after a long illness, underscores the need for the next generation to step up and ensure the continuity of this century-old, diversified business empire.
How Has the Hinduja Brothers' Business Evolved Over Time?
How Has the Hinduja Brothers' Business Evolved Over Time?
The Hinduja Group, established in the year 1914 by P. D. Hinduja in Shikarpur and Bombay initiated its international development with an international office in the year 1919 in Iran. In the 1980s, the brothers radically diversified the group to include, but not limited to, trade, which became Automotive (Ashok Leyland, Gulf Oil) and Finance (IndusInd Bank, Hinduja Bank), Information Technology (Hinduja Global Solutions), Energy and Real Estate. This was consolidated by the strategic transition of headquarters to London in 1979. After the political upheavals in Iran, and this effectively made it a transnational outfit. This development transformed a geographically oriented trading enterprise into a multi-billion dollar diversified, multi-billion conglomerate, and international conglomerate.
How did the Hinduja Family become Billionaires?
How did the Hinduja Family become Billionaires?
The Hinduja family became billionaires through a century of strategic diversification, global expansion, and key acquisitions of the Hinduja Group. The foundation was laid by Parmanand Deepchand Hinduja, who established a trading venture in 1914 in Shikarpur (undivided India) and set up an international office in Tehran, Iran, by 1919, focusing on merchant banking and trade.
After Parmanand's death, their four sons that is Late Srichand Hinduja, Late Gopichand Hinduja, Prakash Hinduja, and Ashok Hinduja, took over. A pivotal shift occurred when the Iranian Revolution in 1979 forced the family to move its headquarters to London. From this base, the brothers transformed the business into a global conglomerate by:
Strategic Acquisitions: Buying major global brands like Gulf Oil International (1984) and the automotive giant Ashok Leyland (1987).
Diversification: Expanding aggressively into banking (founding IndusInd Bank in 1993), IT/BPM (Hinduja Global Solutions), and real estate, ultimately creating a vast, multi-billion-dollar empire.
Who is the owner of Hinduja Group?
Who is the owner of Hinduja Group?
The Hinduja Group is a family-owned conglomerate primarily run by the Hinduja Brothers in the UK. Founded in 1914 by the family patriarch Parmanand Deepchand Hinduja, the Hinduja Family Business has since been managed by the second-generation members of the Hinduja Brothers in the UK. The family follows the rule of traditional Hindu Family according to which the senior most member of the family is the unsaid next patriarch of the family, therefore after the death of the founding father, the senior most Hinduja Brother Srichand Hinduja held the leadership and after his demise the legacy was transferred to Late Gopichand Hinduja in 2023. The Hinduja Family in Switzerland and the UK collectively oversees the business through a structure that emphasis unity and shared value.
Cultural & Spiritual Values of the Hinduja Family
Cultural & Spiritual Values of the Hinduja Family
The core of the Hinduja Family's legacy is a deep commitment to Indian culture and traditions. The family motto, “service to mankind is a service to god.” unifies and reinforces their spiritual principles of compassion, unity and dharma. Across generations, the Hinduja Family have demonstrated a commitment towards society following on the footsteps of their founding father, “My dharma is to work so that I can give.” The Hinduja Family’s charitable efforts through their philanthropic arm, the Hinduja Foundation, is often derived from the foundational principles that reflect a synergy between service, education and wellness. These values serve as a cultural continuity which impacts global success with purpose based on integrity, humility and enhancing the progress of humanity.
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