The Hinduja Group – a legacy of Ethics and Culture

In a time when local conglomerates have created a stir in the economy, globally, a name that one just can’t afford to miss is the Hinduja Group. One of the largest diversified groups in the world, spanning all the continents, the Hinduja Group is an excellent example of internationally run family business empire. Employing over 40,000 people, the group has offices in key cities of the world and all major cities in India.

And like every family-run business, the Hinduja Group too has its roots firmly planted in the vision of its patriarch – Parmanand Deepchand Hinduja. The saga of the Hinduja Group started in Sind, a town in the cradle of the Indus Valley Civilization. Parmanand Deepchand Hinduja, a young entrepreneur from Shikarpur, realized the true essence of business very early in life. For him, business was all about spotting opportunities, and seizing them wherever they surfaced. Mumbai thought him the tricks of the trade in 1914, and then on, the journey was eventful. Within a span of 5 years, the Hinduja Group opened it’s first international an office in Iran, in the year 1919 with Merchant Banking and Trade being it’s two pillars.

The Group remained headquartered in Iran, until 1979, after which it moved to Europe. Since then, the group has expanded and diversified its businesses, with significant contributions to social and charitable initiatives. When India changed its policies in 1991, the Hinduja Family was quick to adapt to free-market reforms and moved quickly in new markets that had opened, and capitalized new economy opportunities. Today, the <a onClick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href=”http://www.hindujagroup.com”>Hinduja Group</a> strategically contributes to old economy sectors such as Banking & Finance, Transport, Energy (Oil & Power) and the new sectors of Technology, Media and Telecom.

Ably headed and led by Chairman, Srichand Hinduja, the management is supported by his brothers, Gopichand, Prakash and Ashok Hinduja. All the Hinduja Brothers are firm believers in traditional family values, and have striven to inculcate these values in their business enterprises. The organisation’s key guiding principles include mutual trust, respect, cohesion and co-operation. In addition to this, modern management practices are a norm in the everyday working life of the group and it’s companies.

The Hinduja group companies are unique examples of the mélange of ethics and modern business practices. It is a place where employees are given the independent charge of different activities, and are allowed to grow both as individuals and professionals. Great value and a high premium is placed on the healthy work environment, positive internal competition, encouragement and incentives to executives & employees for outperforming one another and most importantly appreciation of a good performance. All this and much more, has made the Hinduja Group, not only an able employer but also a conglomerate with international standards and skill.

With the sound principles and ethics of their Patriarch and the use of global expertise and processes, the Hinduja Brothers have taken the Group to a different level It is no doubt that the group has prospered and diversified into a number of sectors and economies today, and is continuing to reach greater pinnacles of success, every day.