Our Group

Shri. Parmanand Deepchand Hinduja

Founder - Hinduja Group

The saga of the Hinduja Group started in Sindh, the cradle of the Indus Valley Civilisation, where more than 5,000 years ago, the human race learnt its first lessons in organized business and banking.

Parmanand Deepchand Hinduja, a young entrepreneur from the fabled town of Shikarpur in Sindh district (now in Pakistan) realised early in life that business was all about spotting opportunities and seizing them, wherever they surfaced.

Parmanand Hinduja

THE BUSINESS PHILOSOPHY

"My dharma (duty) is to work, so that I can give."

Parmanand Deepchand Hinduja (1901-1971)
Founder, Hinduja Group

In 1914, he travelled to the trade and financial capital, Bombay (later changed to Mumbai) where he quickly learnt the ropes of business. In 1919, the business journey, which began in Sindh, entered the international arena with an office in Iran (the first outside India).

Merchant Banking and Trade were the twin pillars of the Group’s business. The Group remained headquartered in Iran till 1979. It then moved to Europe.

In the past 100+ years, the Group has expanded and diversified its businesses with significant social and charitable contributions, under the present leadership of Chairman, Srichand Hinduja and ably supported by his brothers, Gopichand, Prakash and Ashok Hinduja.

Today, the Hinduja Group has become one of the largest diversified groups in the world spanning all the continents. The Group employs over 150,000+ people and has offices in many key cities of the world and all the major cities in India.

The Hinduja Family has always adapted to free-market reforms, moving quickly in new markets that have opened and capitalizing on new economic opportunities. As a result, Hinduja Group is now strategically positioned to contribute to old economy sectors, such as Banking & Finance, Transport and Energy, as well as the new economy sectors of Technology, Media and Renewables.

Firm believers in traditional family values, the Hindujas have all along striven to inculcate the family concept in their business enterprises while following the core philosophy of the Founder.

Every member of the Group is encouraged to practice the Vedic principles of work: 'Service with devotion' and 'willingness to see fulfilment of one's self-interest in the active promotion of the interest of the collective'.

Mutual trust, respect, cohesion and co-operation are emphasized as key organizational guidelines. At the same time, sound modern management practices are given primacy within individual companies of the Group and also at the corporate level.

Professionals are allocated independent charge of diversified activities. There is a high premium on healthy internal competition, and executives and employees are appreciated and incentivized for performance excellence.

The Group also has, throughout its history, demonstrated a strong commitment to creating better understanding between the people and the governments of the world. Building amity and co-operation between their host country and their mother country, India, has been an article of faith for the Hindujas.

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