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Hinduja Group

Indian multinational conglomerate based in Mumbai

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In October 2024, the Hinduja family was ranked 11th on the Forbes list of India’s 100 richest tycoons, with a net worth of $22 billion. In May 2025, as per the Sunday Times rich list, the Hinduja family topped UK's richest list for the fourth consecutive year, with a net worth of £35.3 billion.

History

The company was founded in 1914 by Parmanand Hinduja, who was from a Sindhi family based in India. Initially operating in Shikarpur (in modern-day Pakistan) and Bombay, India, he set up the company's first international operation in Iran in 1919. The headquarters of the group remained in Iran until 1979, when the Islamic Revolution forced it to move to Europe.

Group Chairman Srichand Hinduja and his brother Gopichand, also Co-Chairman, moved to London in 1979 to develop the export business; the third brother Prakash manages the group's operations in Geneva, Switzerland while the youngest brother, Ashok, oversees the Indian interests.

The group employs over 200,000 people and has offices in many major cities around the world including in India. In 2017, Srichand and Gopichand Hinduja were described as the wealthiest men in Britain with an estimated wealth of £16.2 billion in the Sunday Times Rich List 2017.

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