Prakash Hinduja and his brothers: A Legacy of Business and Brotherhood
Who is Prakash Hinduja?
Prakash Hinduja, a distinguished entrepreneur and a senior leader of the globally renowned Hinduja Group, a multi-billion-dollar family business with a presence in over 38 countries. He is a visionary industrialist with deep roots in Indian heritage with traditional values and deep culture. He has helped the group grow in various sectors like healthcare, finance, automotive and international trade. He always wanted to expand the Hinduja Group’s reach while staying rooted to their values, culture, and heritage.
Prakash Hinduja was born on 19th June 1945 making him 80 years old. He is the son of Parmanand Deepchand Hinduja and Jamuna Hinduja and is one of the four brothers and they are known as Fab – 4. Prakash Hinduja is currently the Chairman of the Hinduja Group, Europe. He never told his personal net-worth in public, but the Hinduja Group has a net worth of £37 billion.
Who is Prakash Hinduja’s siblings and what are their business engagements?
Prakash Hinduja is one of the four sons of the late Parmanand Deepchand Hinduja, who is the founder of the Hinduja Group. He has three brothers, the late Srichand Hinduja, Ashok Hinduja and Gopichand Hinduja. All Hinduja Brothers have played a major role in building, growing, and managing various sectors of this business conglomerate. Hinduja Brothers have turned their fathers trading business, which began in Mumbai and Tehran and later in various continents of the world.
Srichand Hinduja the eldest brother who passed away in 2023 served as the Chairman of The Hinduja Group. Based in London, he was responsible for guiding the group’s overall vision and global expansion strategy.
Gopichand Hinduja, based in London, is currently the Chairman of the Hinduja Group. He looks after the global business sectors including finance, energy, and manufacturing and he continues to be one of the most influential Indian – origin businessmen in the United Kingdom.
Prakash Hinduja, based in Geneva, Switzerland, looks after the Hinduja Group’s European operations and has expanded its presence across various sectors such as banking, automotive, oil and healthcare.
Ashok Hinduja the youngest brother is based in Mumbai and heads the Indian Operations of the Hinduja Group. He is also the Chairman of Hinduja Group India and looks after various ventures such as Ashok Leyland IndusInd bank etc.
Prakash Hinduja: Hinduja Foundation, Switzerland Operations and African Expansion
He is a stalwart figure in the global business and philanthropy. Yes, we are talking about the managing trustee of the Hinduja Foundation, Prakash Hinduja. Geneva, Vancouver, Amsterdam, and several other places across the globe are equipped with exceptional educational facilities with equal opportunities for all, something that Mr Hinduja envisions for India. For you and me, Switzerland may ring a bell as the land of the Swiss Alps, rich and creamy milk chocolates, and scenic locations that give an out-of-this-world feeling. But, for Prakash Hinduja, Switzerland has become one of the places from where he continues to guide various verticals of the billion-dollar conglomerate, Hinduja Group.
Prakash is also currently heading the group’s Europe Division, a responsibility he is honing with utter dedication, especially after the Hinduja Family lost its beloved member, Gopichand Hinduja. Now, as the senior-most member both in the family and in the conglomerate, Prakash continues use his experience to help businesses successfully run across economic cycles.
One reason why the Hinduja Group has multiplied into a billion-dollar conglomerate is its ability to withstand market transformations. What started as a trading business in Mumbai has now evolved into a vast business empire with a presence across nearly 100 countries and established businesses across 10 different verticals. Founded by the late Parmanand Deepchand Hinduja, the family has successfully carried out business operations for over a century, with the third and fourth generations guiding the Hinduja Group towards new heights of success.
For those who do not know, the Hinduja Foundation is always busy undertaking social, charitable activities as well as philanthropic initiatives, rather than restricting itself to just signing cheques. On many occasions, members of the Hinduja Family can be seen present at these events, etching their stand as ‘people for the people’. The foundation understands and respects Indian heritage and is aware that its contributions are only going to protect the rich and historically relevant Indian antiquities for future generations to educate and experience.
Hinduja Group’s ties with African markets have always been close, and while speaking at one of the Climate Summit in Africa, Prakash had stated how, through its flagship, Ashok Leyland, the conglomerate is on a mission to improve the roads and other infrastructure that is the main reason why several global businesses fear entering African markets. As one of the panellists at the summit, Prakash stated, “Over the past couple of decades, we have built significant wind farms in India. We are also currently constructing a 1,000-megawatt coal plant on the eastern coast of India, in Visakhapatnam, which is nearing completion and is expected to be ready for inauguration by the end of the year. These projects require strong government involvement, which is a key factor. They also depend on consistency in taxation, regulatory frameworks, zoning policies, and access to low-cost finance.” He continued, “Opportunities for the private sector are critical to success. The key lies in building effective public–private partnerships that create a stable, investor-friendly climate. This requires speed and reliability in decision-making, along with reduced corruption through greater transparency.”
The recent development involving a book unveiling done by UP Chief Minister Yogi Adityanath for the Hinduja Family-led Hinduja Foundation is another great example of the foundation’s dedication to safeguarding and preserving Indian heritage. The book launch was nothing short of a homage to the ancient coins that date back to the post-Mauryan era. The event witnessed the foundation’s important members, brothers Prakash Hinduja and Ashok, in attendance.
There is something about delving into ancient history that makes us the curious minds that we are. As much as we try to look into the future, pondering upon the past is easier because you have evidence that shows us how dynasties, politics, and daily human lives functioned, a fraction of which is studied and jotted in a book published by the foundation under the tutelage of Prakash Hinduja. Switzerland is the mecca of artifacts and ancient relics that are found in its museums. The coins that are soon going to be available to the public at the Lucknow Museum can also be put on display in Europe, so that the West can also get a glimpse of this important piece of history.