The Inspiring Story of Prakash Hinduja - Wiki & Biography

Who is Prakash Hinduja?

 

Prakash Hinduja is an Indian-born businessman and a key member of the Hinduja family, one of the wealthiest and most influential business dynasties in the world. He serves as the Chairman of Hinduja Group Europe, overseeing the conglomerate's expansion into various industries, including banking, energy, automotive, and healthcare.

Prakash Hinduja, Chairman Hinduja Group, Europe (Switzerland)

Born into the prestigious Hinduja family, Prakash played a crucial role in strengthening the group's global presence, particularly in Europe. Alongside his business ventures, he is actively involved in philanthropy, focusing on education, healthcare, and social welfare through the Hinduja Foundation.

Who are Hinduja Brother's? Their Approach on Balanci



ng Business Expansion with CSR?

The Hinduja Brothers, especially Prakash Hinduja being the Chairman of Hinduja Group Europe, have played a crucial role in expanding the Group's global footprint and steering it into new market sectors. Hinduja Brothers are the second-generation patriarch and sons of late Shri Parmanand Deepchand Hinduja, founder of Hinduja Group. 

Billionaire hinduja family members 4 brothers

They joined the group in Tehran, Iran and from there they have always contributed to the group's expansion on global platforms. Later in life the Hinduja Brothers moved to different countries handling the Group's operations from the respective countries they live in. Gopichand and late Srichand Hinduja (until 2023) lived in London UK, Prakash Hinduja moved to Geneva Switzerland and took charge of the European expansion of the group and Ashok Hinduja took over the Indian operations of the group. The journey in the business world and commitment to social responsibility has made them a notable figure in major countries like Switzerland, Europe and India.  

Managing Trustees of Hinduja Foundation, Prakash Hinduja and his brothers believe that rapid social and technological change demands philanthropic efforts to evolve beyond the traditional models. As one of the leading members of the Indian Billionaire Hinduja Family, Prakash Hinduja and his brothers offer an open-minded understanding of how established foundations can truly impact the communities in future.    

Business Expansion Strategy  

The Hinduja Group is one of the largest diversified business groups in the world. Since its inception in India around 107 years ago the group has gradually expanded into diverse business sectors such as automotive, information technology, media & entertainment, oil, specialty chemicals, banking, finance, energy and much more.  

After the passing of the eldest Hinduja Brother, late Srichand Hinduja, the next Karta of the family, Gopichand Hinduja took over the responsibility of the Hinduja Family and Group. He is the current Chairman of the Hinduja Group and Hinduja Automotive Limited, UK. Prakash Hinduja along with Ashok Hinduja supported by the third-generation member of the Hinduja Family, have been guiding the diversified global growth of the group.  

CSR Philosophy under Hinduja Brothers  

The philosophy of the Hinduja Brother is rooted in their father's belief that, “My dharma (duty) is to work, so that I can give.” The Hinduja Group's "Work to Give" approach is guided by this fundamental idea. It highlights a dedication to societal welfare through community development, philanthropic endeavors, and staff volunteer initiatives that prioritize sustainable development, health, and education. 

Role of Hinduja Foundation in Institutionalizing the CSR Efforts: 

The Hinduja Foundation is institutionalizing CSR by aligning it with the Hinduja Group's value and integrating social impact in key areas like water stewardship, health and education. The programs such as “Water Stewardship” and “Road to School” create systematic large-scale interventions and promote sustainable change by focusing on community empowerment.  
 
Balancing Growth and Responsibility  

Hinduja Brothers especially Prakash Hinduja believe that it is important to ensure that profits and purpose go hand in hand. They convey that philanthropy is more than just signing a check. It can and should be leveraged as a platform for partnership. Any real impact is achieved by foundations of co-creating solutions with the community and stakeholders.

The Hinduja Family Swiss: Business and Philanthropy 

The Hinduja Family Swiss is a global family that operates in 38 countries with major acquisitions in India, the UK and the Middle East. They have their ventures in transport, renewable energy, IT, media, oil, specialty chemicals, etc. Established in India, today the Hinduja Family Business is charecterised by their strong bond and family driven values. Their philanthropic and business endeavors have covered most of the Hinduja Swiss and other countries contributing to various attempts of development in economic ties between several nations. Having established a tradition of joint family decision-making with generational control, the Hinduja Family Swiss is one of the richest families in the UK and most respected families worldwide.