Gopichand P. Hinduja was chairman of Hinduja Group, a Mumbai-headquartered multinational conglomerate
Gopichand P. Hinduja, the head of Britain’s richest family, passed away on Tuesday at the age of 85 after a protracted illness.
Popularly known as GP, he was chairman of Hinduja Group, a diverse Indian conglomerate with interests in several sectors, including finance, media and entertainment, and oil. His immediate relatives said in a statement, “He will leave a deep hole at the heart of our family.”
Hinduja is credited with transforming his father’s modest textile and trading businesses into a conglomerate which today incorporates more than 25 companies across a dozen sectors throughout the world.
Under his leadership, as Times of India noted, the group evolved from a trader focused on markets in the Middle East into a diversified concern after it acquired Gulf Oil in 1984.
In 1987, Hinduja Group made a substantial investment in Ashok Leyland, the second largest manufacturer of commercial vehicles in India, by purchasing Land Rover Leyland International Holdings (LRLIH) from British car manufacturer Rover Group.
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