S.P. Hinduja (Srichand Hinduja), the Indian-born billionaire and leader of a global business empire hinduja group passed away at the age of 87. A business giant with an interest in banking, chemicals, developing softwares, and making commercial vehicles.
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Introduction
LONDON – Srichand Hinduja, the influential leader of a global business empire and the patriarch of Britain’s wealthiest family, has passed away at the age of 87, according to his daughters. Suffering from dementia, Hinduja, widely known by his initials S.P., peacefully departed this morning.
S.P. Hinduja was the esteemed chairman of the Hinduja Group, an eponymous business conglomerate that holds interests in banking, chemicals, software, and commercial vehicles through its public companies in India.
The Hinduja group was established in the year 1914 by Shri Parmanand Deepchand Hinduja, who further expanded its multi region operations spread across more than 30 countries in the world it is estimated that over 200,000 people are employed with Hinduja Group as of now.
In 2022, S.P. Hinduja (srichand hinduja) and his younger brother Gopichand once again secured the top spot on the Sunday Times Rich List, marking the fourth time they claimed this prestigious title. Their combined net worth of £28.5 billion ($36 billion) included substantial property holdings in central London, valued at millions of pounds.
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Srichand Hinduja Passed away today
The passing of S.P. Hinduja has left his daughters, Shanu and Vinoo, deeply saddened. In a heartfelt statement, they described their father as a visionary titan of industry and business, a humanitarian, and a philanthropist. They expressed gratitude for the cherished moments they spent with him and acknowledged the countless lives he touched during his journey.
Throughout his career, S.P. Hinduja made significant contributions to promoting Indian culture and fostering global awareness. His daughters highlighted his remarkable efforts in this regard, emphasizing his work and philanthropic endeavors that brought India and its rich heritage to the world stage.
A Legacy of Success and a Family Feud
The Hinduja Group’s success story dates back to its humble beginnings when Parmanand Deepchand Hinduja traded carpets and dried fruit from Iran.
However, it was under the leadership of S.P. Hinduja (srichand Hinduja) and his brother Gopichand, who relocated the company’s headquarters to Britain in the 1970s, that the group truly flourished.
Unfortunately, in recent years, the Hinduja brothers found themselves entangled in a bitter dispute over the future of their vast business empire. Gopichand raised concerns about the validity of the lasting power of attorney given to S.P. Hinduja’s daughters, raising concerns about the control and direction of the family’s enterprises.
While it seemed that Gopichand and S.P. Hinduja’s daughters had come to an agreement, a lawyer representing S.P. Hinduja’s interests informed a London court last month that the agreement was now in jeopardy.
Despite this family feud, S.P. Hinduja’s legacy as a pioneering businessman, a cultural ambassador, and a philanthropist remains indelible.
His contributions have left an enduring impact, and he will be remembered for his exceptional achievements and the significant role he played in shaping India’s presence on the global stage.
As news of his passing reverberates across the business world, tributes pour in, honoring the life and accomplishments of S.P. Hinduja.
While the family mourns their loss, the Hinduja Group will continue to navigate its future, guided by the remarkable vision and values instilled by its late leader.
Globally this has consider a great loss to india as well as britain to lose such a kind hearted business leader.
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