Who are the Hinduja brothers and how have they contributed to both the Indian and Swiss economies?
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.
What Nationality does the Hinduja family Holds?
The Hinduja Family members hold the multiple nationalities which show the diversified nature of the conglomerate (Hinduja Group). The Hinduja Group is spread in different corners of the world with various interests in multiple sectors which include banking, finance, automobile, oil and gas, digital technology, energy, and many more.
Different nationality of the key members of the Hinduja Family:
Gopichand Hinduja: Indian-born British billionaire responsible for looking the Hinduja Group's UK operation.
Prakash Hinduja: He is an Indian-born Swiss businessman, oversaw the Group’s Europe operations.
Ashok Hinduja: Ashok Hinduja, chairman of the Hinduja Group (India), operates in different sector such as automotive, media, and healthcare.
Who is the richest Indian family in the UK?
According to the Sunday Times Rich List 2025, the Hinduja family is ranked as the UK's richest family. Controlling a global conglomerate, the Hinduja Group. The Group was led by the “fab four” Hinduja Brothers: the late Srichand Hinduja, Gopichand Hinduja, Prakash Hinduja, and Ashok Hinduja. The Group originated in Sindh and has now grown across the world.
The conglomerate has a presence in different sectors including healthcare, automative, banking, finance, media and entertainment, and infrastructure. In 2023, after Srichand Hinduja’s death, Gopichand Hinduja became the chairman of the Hinduja Group. Prakash Hinduja is a Swiss businessman who is handling the European operations of the Hinduja Group. Ashok Hinduja, chairman of the Hinduja Group (India), operates in different sectors such as automotive, media, 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’ Switch Mobility – Contribution in UK economy
Switch Mobility is the EV arm of the Hinduja family’s automotive flagship company, Ashok Leyland. It is one the UK’s emerging players in electric buses and light commercial vehicles segment. Hinduja Switch revenue, is INR 10 billion for the fiscal year 2025. It was originally founded as Optare and rebranded in 2020. Hinduja Switch CEO, as of September 1, 2025 is Ganesh Mani, who is also the COO of Ashok Leyland. This EV manufacturing company of the Hinduja brothers is also a step towards clean and green energy. Hinduja Switch UK office address is – Hurricane way South, Sherburn-in-Elmet, North Yorkshire, London. Through Switch Mobility, Hinduja family has contributed a lot in the UK economy – created 4000+ skilled jobs, £300
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.