Tarang Jain
Tarang Jain | |
|---|---|
| Born | 1962 or 1963 (age 61–62)[1] Aurangabad, Maharashtra, India |
| Education | Bombay University International Institute for Management Development |
| Occupation | Businessman |
| Known for | 86% owner of Varroc |
| Title | Managing director (CEO), Varroc |
| Spouse | Married |
| Children | 2 |
| Relatives | Rahul Bajaj (uncle) |
Tarang Jain (born 1962/1963) is an Indian billionaire businessman, the CEO and 86% owner of Varroc, an Indian two- and four-wheeler parts manufacturer.[1]
As per Forbes list of India’s 100 richest tycoons, dated OCTOBER 09, 2024, Anurang Jain & family is ranked 88th with a net worth of $ 3.65 Billion.[2]
Early life and education
[edit]His mother Suman is the sister of Rahul Bajaj.[3] His father is Naresh Chandra Jain, who founded Varroc, and he has an identical twin brother Anurang Jain, who runs another car components company, Endurance Technologies.[4][5]
Jain earned a bachelor's degree from University of Mumbai, and an MBA from IMD Business School in Lausanne, Switzerland.[1][6]
Career
[edit]Jain founded Varroc in 1990.[3]
In 2012, he bought Visteon's global lighting interests, the world’s sixth-largest lighting business, for $90.5 million.[7]
Personal life
[edit]Jain is married, with two children, and lives in Aurangabad, India.[1]
References
[edit]- ^ a b c d "Forbes profile: Tarang Jain". Forbes. Retrieved 5 July 2018.
- ^ "India's 100 Richest".
- ^ a b "Tarang Jain: Taking Risks to De-Risk Varroc - Forbes India". Forbes India. Retrieved 5 July 2018.
- ^ Philip, Lijee (27 February 2018). "How Rahul Bajaj's twin nephews Anurag and Tarang rode into the billionaire's club". The Economic Times. Retrieved 5 July 2018.
- ^ "Varroc leads Charge of the Indian Component Brigade - Forbes India Blog". Forbes India. Retrieved 5 July 2018.
- ^ Tutorials, Script. "Varroc Group - Varroc Group Site". www.varrocgroup.com. Archived from the original on 11 July 2018. Retrieved 5 July 2018.
- ^ "Twin-win venture: How Tarang Jain built a global automotive business - Forbes India". Forbes India. Retrieved 5 July 2018.
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