How Many Companies Are Part of the Hinduja Group? Ashok Leyland, IndusInd Bank, Gulf Oil & More

The Hinduja Group is one of India’s most influential and diversified multinational conglomerates. With a legacy that dates back to 1914, the group operates in over 100 countries and spans across a range of industries. Its vast portfolio of companies is a testament to its global presence and diversified interests.

Overview of the Hinduja Group

Founded by Parmanand Deepchand Hinduja in Mumbai, the group initially focused on trading and finance. Over the years, under the leadership of the Hinduja brothers, Srichand, Gopichand, Prakash, and Ashok, the group expanded aggressively into manufacturing, banking, automotive, energy, IT, and healthcare.

As of 2025, the Hinduja Group has over 25 companies operating across 11 sectors, including automotive, banking and finance, healthcare, media and entertainment, real estate, infrastructure, and energy.

Key Companies Under the Hinduja Group

Here are some of the major companies under the Hinduja umbrella:

Automotive

• Ashok Leyland: One of India’s largest commercial vehicle manufacturers. Ashok Leyland is a publicly listed company.
• Switch Mobility: Electric mobility arm of Ashok Leyland, focused on zero-emission buses and vans.
• OHM Global Mobility: At OHM Global Mobility, the company is committed to making eMobility solutions accessible to everyone. As it advances into the next generation of commercial mobility, OHM is poised to redefine a zero-carbon future, driven by sustainable eMobility innovations aimed at building a greener planet. 

Banking and Financial Services

• IndusInd Bank: A major private sector bank in India. IndusInd Bank is listed on the stock exchanges in India. The bank offers a comprehensive range of banking products and financial services to both corporate and retail customers. In addition to its treasury operations, the Bank operates across India, including at International Financial Services Centres (IFSCs) within the country.
• Hinduja Leyland Finance: A non-banking financial company offering vehicle and SME financing.
• Hinduja Bank (Switzerland) Ltd: Established in 1994, Hinduja Bank (Switzerland) Ltd. is a Swiss banking institution that caters to individuals and institutions with strong entrepreneurial and growth-oriented goals.

Information Technology

• Hinduja Global Solutions (HGS): Provides BPO, IT services, and digital customer experience solutions.
• Hinduja Tech (HT): This company is a part of the Hinduja Group and is the Integrated Product Engineering and Digital Solutions Provider for the disruptive mobility Industry.

Healthcare

• P.D. Hinduja National Hospital and Medical Research Centre: A leading multi-speciality hospital in Mumbai.

Oil and Speciality Chemicals

• Gulf Oil Lubricants India Ltd: Gulf Oil operates in India through Gulf Oil Lubricants India Limited. The company boasts a modern, PLC-enabled manufacturing facility in Silvassa, supported by a robust network of 350+ distributors and over 50,000 retail outlets nationwide.
• Gulf Oil International: It is one of the leading brands in the downstream oil industry and a part of the Hinduja Group.
• Quaker- Houghton: The Group acquired Houghton, a leading metalworking fluid company, in December 2012. It was subsequently merged with Quaker to form Quaker Houghton.
• Hinduja National Power Corporation Ltd (HNPCL): Focuses on thermal and renewable power generation.

Media and Entertainment

• NXTDIGITAL: NXTDIGITAL serves as the digital media arm of Hinduja Global Solutions Ltd (HGS) and is recognised as India’s leading integrated digital delivery platforms group.

Real Estate and Others

• Hinduja Realty Ventures: Real estate development arm.
• GOCL: GOCL started its journey in 1961 in Hyderabad as Indian Detonators Ltd. (IDL). It has been listed on the Bombay Stock Exchange (BSE) since 1967 and underwent a couple of name changes before adopting its current name, GOCL, in 2002.
• Hinduja Foundries: Manufacturer of automotive castings.

Also Read: Hinduja Group Plans to Increase Stake in IndusInd Bank Through New Fundraise!

Conclusion

The Hinduja Group’s portfolio spans more than 25 operational companies across 11 core business sectors, making it one of the most diverse and globally active Indian conglomerates. Through strategic acquisitions and expansions, the group continues to reinforce its position across legacy and emerging industries.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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