The Hinduja family has announced an ambitious investment plan amounting to approximately fifty billion dollars (2 lakh crore rupees) over the next five years, with interests both within India and overseas, significantly focused on a venture in oil and gas in Iran. The Hinduja Group, which is privately held and managed by four billionaire brothers, is also eyeing substantial investments across various sectors such as real estate, automotive, power, and infrastructure predominantly in India, Europe, and West Asia.
Headquartered in the UK while maintaining a presence in India and Switzerland, the Hinduja group tends to keep its financial results under wraps. Nevertheless, projected total sales across its diverse holdings—including oil, banking, media and entertainment, telecommunications, and healthcare—are estimated to reach eleven billion dollars.
Recently, the financial success of two of the London-based brothers, Gopichand and Srichand, was highlighted by the Sunday Times Rich List, ranking them as the fourth-richest family in the UK with a net worth of £6.2 billion.
Moreover, Hinduja is collaborating with ONGC to develop a significant oil refinery with a capacity of three lakh barrels per day, alongside a liquid natural gas terminal with a processing capability of 7.5 tonnes per year in southern India. The group has already secured the necessary clearances for establishing a generating capacity of two thousand mega watts in Andhra Pradesh. In the next decade, there are plans to expand this capacity to ten thousand mega watts with an investment of around ten billion dollars in the region.