The Hinduja family is one of the strongest business families in the world whose history can be traced back to over a century. The group is known for their family value, global presence and diversified industries. The business started from a small trading company which has developed a multinational business empire. Then what is the Hinduja family tree and how have all generations contributed to the development of such a powerful heritage?
Founder: Parmanand Deepchand Hinduja
Parmanand Deepchand Hinduja, a young entrepreneur from the fabled town of Shikarpur in Sindh district (then in undivided India) realised early in life that business was all about spotting opportunities and seizing them, wherever they surfaced. The saga of the Hinduja Group started in Sindh, the cradle of the Indus Valley Civilisation, where more than 5,000 years ago, humans learnt their first lessons in organized business and banking.
The Four Brothers: A World Compound
Parmanand Hinduja’s four sons have played a big role in expanding business in all corners of the world.
1. Srichand Parmanand Hinduja (1935–2023)
Known affectionately as 'SP' among his business associates and friends, the late Srichand P. Hinduja was the eldest son of P. D. Hinduja, the Founder of the Hinduja Group. He began working with his father as they were handling textile and trading businesses in Mumbai and Iran. Under his management, the group has established various industries including banking, energy and healthcare industry. Years of business experience in the free market as well as protected economies across Asia, the Middle East, Europe and the Americas had shaped SP's fundamental belief that a free-market economy can improve tolerance and understanding between different people and cultures, thereby benefitting mankind. SP was a leading Non-Resident Indian (NRI) businessman.
2. Gopichand Hinduja
Gopichand is the second brother, who is a current co-chairman of the Hinduja Group. He has also played a very significant role in the international expansion of the business, mainly in banking and finance. He is a London-based leader and is strategic in nature and this is what kept the group on the front burners in international business.
3. Prakash Hinduja
Prakash Hinduja is the Chairman of the Hinduja group (Europe) and based in Geneva Switzerland. He also possesses several business interests in Europe and plays a significant role in establishing relationships with government, banks and partners. As a business owner, his net worth as of 2024 is £37 billion, making him part of Britain's richest family.
4. Ashok Hinduja
The fourth born was Ashok Hinduja who assumed leadership of the operations in India of the group. Under his leadership, the Hinduja Group has made heavy investments in the media, infrastructure, and technology. He has been instrumental in associating the conventional values of the group with the present Indian markets.
The Next Generation: The Legacy
The Hinduja family believes that the next generation must be ready not only through education, but also by plunging into business and family values. The third-generation family members already took part in the major area of the group, and the family heritage of leadership, faith, and world thinking is preserved.
The Hinduja Brothers at a tender age, are taught the principles of integrity, service and long-term vision. In the meantime, they gain practical experience in terms of international education and business training to become the leaders in the fast-changing world.
A Legacy Rooted in Values
The Hinduja family is not only successful in its business, but what makes the family different from others is their capability to remain as a family and share their values. Some of the strengths of the group include their cohesion, their beliefs and the way they work with an attitude of having a global outlook.
As the industries change, as well as the markets, the Hinduja Group is growing because of the same philosophy, which was set by the founder Parmanand over 100 years ago.
Final Thoughts
The Hinduja family tree is not just a history of names but a history of vision, prowess and inter-generational peace. The Hinduja Group is a great testimony of how it can happen when family relationships are good and values are clear, which have been the pillars of the company since its small trading company in 1914.
