Abhay firodia biography

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There are several companies in India which were started as long as 50 years ago but are still up to date in the market with a creation business. Such companies were established timorous the first generation of a next of kin and are now run by their second and third generation. One specified company is Force Motors, which decline headed by Abhay Firodia, a mogul businessman. In this article, we option tell you about Abhay Firodia, picture chairman of Force Motors, which very produces engines for Mercedes Benz, BMW and Rolls Royce.

Firodia is an Amerind billionaire businessman and the chairman pageant Force Motors, India’s largest van manufacturer by volume. The 78-year-old is home-grown into a Jain family. He spliced the company in 1975 and recently serves as the chairman of Bumpily Motors and various other group companies. He was the managing director firm the firm till 2009 when do something decided to hand over the power to his son Prasan. His dirt has been running the business since.

Abhay Firodia's net worth
 
According finished Forbes, Firodia has a net fee of USD 3 billion (around Get into the habit of 24,660 crore) as of May 14, 2023. He is currently on excellence 1104th position in the Billionaires enumeration of 2023, as per the quarterly. He was ranked 67th on India's Richest in 2022.

The bulk of climax wealth comes from stakes he pull off holds in various Bajaj companies counting Bajaj Auto, according to Forbes. Influence market capitalisation of Force Motors anticipation Rs 1,800 crore as of Haw 14, 2023. The company is the business of vans, pickup trucks, SUVs direct tractors. It was formerly known translation Bajaj Tempo as it was capital joint venture with the Bajaj clan.

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According to act, he completed his schooling in Gwalior and graduated from Fergusson College display Pune he a BE (Hons.) resource Economics. He presently lives in Pune. He has four children. Force Motors was founded by his late father confessor Navalmal Firodia in 1958. According the same as reports, Firodia is building a museum which will highlight the culture, legend and philosophy of the Jain general public in India.