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Hinduja Group
Hinduja Group is an Indian multinational conglomerate, based in Mumbai. The group is present in eleven sectors including automotive, oil and specialty chemicals, banking and finance, IT and ITeS, cyber security, healthcare, trading, infrastructure project development, media and entertainment, power, and real estate. The net worth of the Hinduja brothers was estimated to be US$32 billion in 2022, making them the wealthiest people in the United Kingdom.
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. In 2026, according to the Sunday Times Rich List, the Hinduja family became the UK's richest for the fifth consecutive term, with a net worth of £38 billion.
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.
Srichand, Gopichand and Prakash Hinduja were connected with the investigation into the Bofors scandal, in which Swedish firm Bofors was alleged to have paid illegal bribes to government officials and politicians in connection with the US$1.3 billion sale of 400 howitzers to the Indian Government in 1986. The three brothers were charged by the Indian Central Bureau of Investigation in October 2000, but in 2005 the High Court in Delhi threw out all charges against them, citing a lack of evidence and saying that documents central to the prosecution case were "useless and dubious" since their provenance could not be verified. Judge RS Sodhi said: "I must express my disapproval that 14 years of trial and ₹2.5 billion (US$26 million) of public money was spent on the case. It has caused huge economical, emotional, professional and personal loss to the Hindujas."
In January 2001, it was revealed that UK government Minister Peter Mandelson had telephoned Home Office minister Mike O'Brien on behalf of Srichand Hinduja, who was at the time seeking British citizenship, and whose family firm was to become the main sponsor of the "Faith Zone" in the Millennium Dome. Consequently, on 24 January 2001 Mandelson resigned from the Government for a second time, insisting he had done nothing wrong. An independent enquiry by Sir Anthony Hammond came to the conclusion that neither Mandelson nor anyone else had acted improperly.
In January 2001, immigration minister Barbara Roche revealed in a written Commons reply that Keith Vaz, Member of Parliament for Leicester East and at the time a Foreign Office minister, and other MPs, had also contacted the Home Office about the Hinduja brothers, saying that Vaz had made inquiries about when a decision on their application for citizenship could be expected.
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Hinduja Group
Hinduja Group is an Indian multinational conglomerate, based in Mumbai. The group is present in eleven sectors including automotive, oil and specialty chemicals, banking and finance, IT and ITeS, cyber security, healthcare, trading, infrastructure project development, media and entertainment, power, and real estate. The net worth of the Hinduja brothers was estimated to be US$32 billion in 2022, making them the wealthiest people in the United Kingdom.
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. In 2026, according to the Sunday Times Rich List, the Hinduja family became the UK's richest for the fifth consecutive term, with a net worth of £38 billion.
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.
Srichand, Gopichand and Prakash Hinduja were connected with the investigation into the Bofors scandal, in which Swedish firm Bofors was alleged to have paid illegal bribes to government officials and politicians in connection with the US$1.3 billion sale of 400 howitzers to the Indian Government in 1986. The three brothers were charged by the Indian Central Bureau of Investigation in October 2000, but in 2005 the High Court in Delhi threw out all charges against them, citing a lack of evidence and saying that documents central to the prosecution case were "useless and dubious" since their provenance could not be verified. Judge RS Sodhi said: "I must express my disapproval that 14 years of trial and ₹2.5 billion (US$26 million) of public money was spent on the case. It has caused huge economical, emotional, professional and personal loss to the Hindujas."
In January 2001, it was revealed that UK government Minister Peter Mandelson had telephoned Home Office minister Mike O'Brien on behalf of Srichand Hinduja, who was at the time seeking British citizenship, and whose family firm was to become the main sponsor of the "Faith Zone" in the Millennium Dome. Consequently, on 24 January 2001 Mandelson resigned from the Government for a second time, insisting he had done nothing wrong. An independent enquiry by Sir Anthony Hammond came to the conclusion that neither Mandelson nor anyone else had acted improperly.
In January 2001, immigration minister Barbara Roche revealed in a written Commons reply that Keith Vaz, Member of Parliament for Leicester East and at the time a Foreign Office minister, and other MPs, had also contacted the Home Office about the Hinduja brothers, saying that Vaz had made inquiries about when a decision on their application for citizenship could be expected.