Business

Ev Taking The Lead: How Hinduja Brothers Capitalize & Offer Customer-friendly Solutions

Today, the Hinduja Group is one of the biggest diversified groups in the world that spans across the continents. The Group has more than 200,000 employees and global offices located in major destinations like India, Switzerland, and the UK.  

The Hinduja Family has constantly adjusted to free-market reforms, adapting swiftly in the opening of fresh markets and tapping and utilising new economic prospects. Consequently, Hinduja Group is currently in a position to play a significant role in the economic sectors of the old economy like Banking and Finance, Mobility and Energy, in addition to the new economy sectors like Technology, Media and Renewables. 

Currently, the Hinduja group is considerably establishing its foothold in Uttar Pradesh with the electrification of Ashok Leyland's Lucknow EV bus plant, which is nearly achieving commercial production, and the objective of Gulf oil to establish a large-scale EV charging infrastructure in the state. Another area the group has been keen on investing in is the new EV production facility and seeks additional opportunities in terms of energy, financial services and digital technologies within the state.   

Among the 10 business verticals wherein the Hinduja Group conduct business, these verticals are now receiving increased prevalence, investments and overall focus, namely, the automotive, financial services, energy and lubricants and specialty chemicals, and the digital sector. 

The Group (with a market share of more than 30% in commercial vehicles in the ICE segment under the Ashok Leyland brand), is going to make green mobility a significant focus area. Switch Mobility is a subsidiary of Ashok Leyland, a global electric bus and light commercial vehicle manufacturer that has already developed commercial electric vehicles in India and has already sold their products in cities such as Mumbai, Chandigarh, Bengaluru and Lucknow, totalling over 150 million green miles. 

Hinduja Group and Vision 2030 

The Hinduja Group also plans to fit into the Vision 2030 of India by expanding substantially into renewable energy capacity with a projected 3-4 billion investment in solar, wind, and hybrid projects tripling their capacity beyond 10 GW by 2030. It also works on EV charging infrastructure and digital platforms, with the Hinduja Foundation tackling environmental sustainability with investments like the Himalayan springshed management initiative.   

This is part of a strategic orientation towards clean energy, and is consistent with larger-scale national projects on sustainability. The team will invest in more solar, wind power, hybrid initiatives, and battery energy storage systems (BESS), encouraging the incorporation of electric vehicle (EV) charging infrastructure and digital options to fix reliability. This growth forms a vital pillar of the Hinduja Group efforts to become a clean energy transition leader and is a component of the strategic pillar that is alongside their automotive, financial services and digital operations.