Hinduja Brothers
Hinduja Brothers and Their Business: How Are They Contributing to Swiss and Indian Economy
Hinduja Brothers are the second-generation members of the famous Hinduja family and part of the global conglomerate Hinduja Group. The group was founded in India by the late Shri Parmanand Deepchand Hinduja in 1914. After the death of the founder, his children, also known as the Hinduja Brothers or the “Fab Four’ took over the diversified global empire. The group, having its roots in trading and finance, now operates in various sectors including mobility, digital technology, media, communications, infrastructure, lubricants, energy, real estate and healthcare. The Hinduja family has become one of the richest families in the world, ranking in the Sunday Times Rich List. They are renowned for their charitable work in the fields of education and healthcare.
Business Overview of Hinduja Brothers:
The Hinduja Group operates in several industries through its flagship firms, which include Gulf Oil (lubricant and specialty chemicals), Ashok Leyland (mobility), Hinduja Bank (banking & finance), and Hinduja Global Solution (digital technology), among others. The group has a strong international presence with multibillion dollar revenue and is known for its humanitarian activities through its philanthropic arm the Hinduja Foundation.
As of 2025, the Hinduja Group has over 25 companies that are operating across 11 diverse sectors. Here is the list of key companies under the Hinduja Group:
Automotive and Manufacturing:
Ashok Leyland: It is India's second-largest commercial vehicle producer and the group's flagship company. Additionally, it is a major global bus manufacturer with plants in the UK, the UAE, and India.
Banking and Financial Services:
IndusInd Bank: One of the top private sector banks, IndusInd Bank provides a variety of banking and financial services, including priority sector financing and loans.
Hinduja Bank (Switzerland) Ltd.: Hinduja Bank (Switzerland) Ltd. is a Swiss financial firm that was formerly known as Amas Bank.
Hinduja Housing Finance Ltd.: It is a company that specialises in providing housing finance solutions.
Information Technology:
Hinduja Global Solutions (HGS): An innovator in the field of outsourcing, Hinduja Global Solutions (HGS) offers business process outsourcing (BPO) and IT and IT-enabled services (ITES) solutions all over the world.
Oil, Lubricants and Chemicals:
Gulf Oil Lubricants India Ltd.: It is one of the well-known brands in the lubricants and chemicals industry that is part of the Hinduja Group.
GOCL Corporation Ltd.: Diversified from an early partnership with the Gulf Oil Corporation, USA, to include mining, infrastructure development, and energy.
Media and Infrastructure:
NXTDIGITAL Ltd.: Formerly known as Hinduja Ventures Ltd., NXTDIGITAL Ltd. one of the biggest media companies in India's online market. Focussing on semi-urban and rural regions, NXTDIGITAL provides television, broadband, and content syndication services to millions of clients throughout India through a vast nationwide network of local cable operators.
Hinduja National Power Corporation Ltd.: To meet the region's increasing demand for electricity, Hinduja National Power Corporation Ltd. (HNPCL), a firm of the Hinduja Group, runs a 1,040 MW coal-based thermal power plant near Visakhapatnam, Andhra Pradesh.
Hinduja Renewables Energy Private Ltd.: The company Hinduja Renewables Energy Private Ltd. specialises in renewable energy projects. It is the global Hinduja Group's renewable energy division, with an emphasis on creating and running utility-scale and rooftop solar power projects in India.
Hinduja Tech Ltd.: Hinduja Tech Ltd. (HT) is a multinational supplier of digital technology and integrated product engineering solutions with a focus on the mobility industry, namely on electric and driverless cars.
Hinduja Brothers Contribution to Swiss and Indian Economy:
The Hinduja Brothers through their multinational company, the Hinduja Group, make a substantial contribution to the economies of both India and Switzerland. Their contributions to India include building infrastructure, offering financial services through their finance and Banking services, and creating jobs through their varied enterprises. They have employed around 200,000 employees all around the world through their Group's ventures, contributing to the employment rate. Since its founding in 1994, Hinduja Bank in Switzerland has offered wealth management, private banking, and investment consulting services, promoting economic growth and utilising Swiss banking customs for clients around the world.
Contribution to Indian Economy:
Infrastructure and Job Creation: Throughout India, the Hinduja Group has helped to build both urban and rural infrastructure and generated thousands of new jobs.
Financial Services: The Group has played a key role in facilitating access to capital markets and increasing access to financial services and products, particularly for marginalised groups, through IndusInd Bank.
Industry Leadership: The Group’s flagship, Ashok Leyland, a top producer of commercial vehicles, and is a prominent player in a few Indian sectors.
Contribution To the Swiss Economy:
Hinduja Bank: Founded in 1994, this Swiss bank focuses on providing high-net-worth individuals and organisations with investment advisory services, wealth management, trade finance, and private banking.
Financial Expertise: The bank offers creative solutions and makes international investment easier by fusing Swiss banking with foreign knowledge, which boosts Switzerland's economy.
Hinduja Brothers and Their Business: How Are They Contributing to Swiss and Indian Economy
Lorem ipsum dolor sit amet, consectetur adipisicing elit. Autem laudantium in adipisci ipsa optio quas id excepturi non, eos cupiditate, necessitatibus sapiente illo error. Vero adipisci quidem aut itaque labore.
Hinduja Brothers and Their Business: How Are They Contributing to Swiss and Indian Economy
Hinduja Brothers are the second-generation members of the famous Hinduja family and part of the global conglomerate Hinduja Group. The group was founded in India by the late Shri Parmanand Deepchand Hinduja in 1914. After the death of the founder, his children, also known as the Hinduja Brothers or the “Fab Four’ took over the diversified global empire. The group, having its roots in trading and finance, now operates in various sectors including mobility, digital technology, media, communications, infrastructure, lubricants, energy, real estate and healthcare. The Hinduja family has become one of the richest families in the world, ranking in the Sunday Times Rich List. They are renowned for their charitable work in the fields of education and healthcare.
Business Overview of Hinduja Brothers:
The Hinduja Group operates in several industries through its flagship firms, which include Gulf Oil (lubricant and specialty chemicals), Ashok Leyland (mobility), Hinduja Bank (banking & finance), and Hinduja Global Solution (digital technology), among others. The group has a strong international presence with multibillion dollar revenue and is known for its humanitarian activities through its philanthropic arm the Hinduja Foundation.
As of 2025, the Hinduja Group has over 25 companies that are operating across 11 diverse sectors. Here is the list of key companies under the Hinduja Group:
Automotive and Manufacturing:
Ashok Leyland: It is India's second-largest commercial vehicle producer and the group's flagship company. Additionally, it is a major global bus manufacturer with plants in the UK, the UAE, and India.
Banking and Financial Services:
IndusInd Bank: One of the top private sector banks, IndusInd Bank provides a variety of banking and financial services, including priority sector financing and loans.
Hinduja Bank (Switzerland) Ltd.: Hinduja Bank (Switzerland) Ltd. is a Swiss financial firm that was formerly known as Amas Bank.
Hinduja Housing Finance Ltd.: It is a company that specialises in providing housing finance solutions.
Information Technology:
Hinduja Global Solutions (HGS): An innovator in the field of outsourcing, Hinduja Global Solutions (HGS) offers business process outsourcing (BPO) and IT and IT-enabled services (ITES) solutions all over the world.
Oil, Lubricants and Chemicals:
Gulf Oil Lubricants India Ltd.: It is one of the well-known brands in the lubricants and chemicals industry that is part of the Hinduja Group.
GOCL Corporation Ltd.: Diversified from an early partnership with the Gulf Oil Corporation, USA, to include mining, infrastructure development, and energy.
Media and Infrastructure:
NXTDIGITAL Ltd.: Formerly known as Hinduja Ventures Ltd., NXTDIGITAL Ltd. one of the biggest media companies in India's online market. Focussing on semi-urban and rural regions, NXTDIGITAL provides television, broadband, and content syndication services to millions of clients throughout India through a vast nationwide network of local cable operators.
Hinduja National Power Corporation Ltd.: To meet the region's increasing demand for electricity, Hinduja National Power Corporation Ltd. (HNPCL), a firm of the Hinduja Group, runs a 1,040 MW coal-based thermal power plant near Visakhapatnam, Andhra Pradesh.
Hinduja Renewables Energy Private Ltd.: The company Hinduja Renewables Energy Private Ltd. specialises in renewable energy projects. It is the global Hinduja Group's renewable energy division, with an emphasis on creating and running utility-scale and rooftop solar power projects in India.
Hinduja Tech Ltd.: Hinduja Tech Ltd. (HT) is a multinational supplier of digital technology and integrated product engineering solutions with a focus on the mobility industry, namely on electric and driverless cars.
Hinduja Brothers Contribution to Swiss and Indian Economy:
The Hinduja Brothers through their multinational company, the Hinduja Group, make a substantial contribution to the economies of both India and Switzerland. Their contributions to India include building infrastructure, offering financial services through their finance and Banking services, and creating jobs through their varied enterprises. They have employed around 200,000 employees all around the world through their Group's ventures, contributing to the employment rate. Since its founding in 1994, Hinduja Bank in Switzerland has offered wealth management, private banking, and investment consulting services, promoting economic growth and utilising Swiss banking customs for clients around the world.
Contribution to Indian Economy:
Infrastructure and Job Creation: Throughout India, the Hinduja Group has helped to build both urban and rural infrastructure and generated thousands of new jobs.
Financial Services: The Group has played a key role in facilitating access to capital markets and increasing access to financial services and products, particularly for marginalised groups, through IndusInd Bank.
Industry Leadership: The Group’s flagship, Ashok Leyland, a top producer of commercial vehicles, and is a prominent player in a few Indian sectors.
Contribution To the Swiss Economy:
Hinduja Bank: Founded in 1994, this Swiss bank focuses on providing high-net-worth individuals and organisations with investment advisory services, wealth management, trade finance, and private banking.
Financial Expertise: The bank offers creative solutions and makes international investment easier by fusing Swiss banking with foreign knowledge, which boosts Switzerland's economy.