Hinduja Brothers Net Worth is8,000 $Million
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Company Name: Hinduja Group
Company Type: Private Company
Foundation: 1914
Founder: Parmanand Deepchand Hinduja
Location: London, United Kingdom
Key People: S P Hinduja, (Chairman)
Industry: Conglomerate (company)
Products: Automotive, financial services, ITES, oil and gas, media and telecom
Num Employees: 40,000title
Owner: Hinduja family
Subsid: Hinduja Group#Subsidiaries
Homepage: http://hindujagroup.com/
The Hinduja Group is a global conglomerate company headquartered in London, United Kingdom. It was founded in 1914 by Parmanand Deepchand Hinduja, initially operating in Mumbai, India, and setting up its first international operation in Iran in 1919. The headquarters of the Group moved to Iran where it remained until 1979, when the Islamic Revolution forced it to move to Europe. Srichand Hinduja and his brother Gopichand moved to London in 1979 to develop their father's export business. In June 2012, Hinduja Group bagged its first overseas order of 50 units of vestibule buses from Bangladesh Road Transport Corporation.
The Hinduja Group incorporates:
The Hinduja Group bought into Ashok Leyland, Indiaa??s second largest HCV manufacturer, in 1987. It was the Groupa??s first foray into India.
The company has a large export market, including a 65% plus market share in Sri Lanka (in the 16 ton plus category) and also enjoys a similar market share in the bus segment in Dubai. During 2003-2005, the company executed an order of 3322 trucks for Iran under the UNa??s oil and food programme, the largest ever in the Indian commercial vehicle industry.
The company is also a pioneer in CNG (Compressed Natural Gas) buses and special vehicles for the armed forces, both of which have opened up additional export opportunities for the company.
The company currently produces 84,000 vehicles per annum, with a target of 100,000 vehicles for the year. A new vehicle assembly plant - a joint venture with Ras Al Khaimah Investment Authority (RAKIA) is being prepared in the United Arab Emirates, which was projected to be onstream by March 2008....
The company is in the process of taking over the Detroit based "Defiance Testing & Engineering Services" (DTE), which supplies major American car manufacturers.
The Hinduja group has formed an independent company to spearhead its defence business. The Group plans to cash in on the growing global demand for defence products. Asho

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Hinduja Brothers Latest News

SC doubts lawyer-petitioner's locus standi in Bofors; may impact Loya case

NEW DELHI: Thirteen years after entertaining an appeal challenging quashing of cases against the Hinduja brothers in the 30-year-old Bofors scam case, the Supreme Court on Tuesday asked whether an advocate, unconnected with the matter, had the locus standi ...
Posted: January 16, 2018, 2:53 pm

CBI misled Delhi High Court that Rs 250 crore spent on Bofors probe: Supreme Court told

Justice R S Sodhi of Delhi High Court, since retired, had on May 31, 2005 quashed all charges against the three Hinduja brothers -- Srichand, Gopichand and Prakashchand -- and the Bofors company, castigating CBI for its handling of the case, saying it had ...
Posted: January 15, 2018, 10:00 am

SC to examine whether third party can file appeal in a criminal case

With CBI not challenging the discharge of Britain-based Hinduja brothers - Srichand, Gopichand and Prakash Hinduja - in the alleged kickbacks in the purchase of Bofors 155 mm howitzers guns, the Supreme Court will examine whether third party can file an ...
Posted: January 16, 2018, 8:25 am
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