Abhay firodia biography channel

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Abhay firodia biography channel: Abhay Firodia, Chairman, Force

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Add to that, the Firodias have stakes in various companies run by the Bajaj family rank 17 —for instance, Bajaj Auto and Bajaj Finserv, which have also seen their valuations rise rapidly in the last year. The Firodias trace their roots to a village named Firod near Nagaur in Rajasthan. It was in the early s that the family migrated southwards to Maharashtra.

Navalmal Firodia graduated in law and set up a practice in Ahmednagar and even went to Yerawada jail during the freedom struggle. Not to be satisfied with just importing and selling typewriters, the restless Firodia senior came up with the concept of a three-wheeled people carrier. He was inspired by the three-wheeled goods carriers in Europe, which were used to deliver to bakeries or florists, and thought rightly that he could convert the idea to a people carrier.

For good reason: Nearly 60 years on, with millions of autorickshaws plying across India, it is this contribution of the Firodia family that has stood the test of time. The two JVs eventually combined, and became Force Motors in By then, the family had entered the auto components space through the unlisted Jaya Hind Industries, which has since built relationships with all the car manufacturers in the country.

Abhay firodia biography channel: Firodia is an Indian billionaire businessman

They eventually bought Daimler out inbut not before reaping the benefits of this relationship. Because, in addition to making the Firodias acquainted with German systems and processes, it also gave them significant credibility. Soon, they were presented with the opportunity to assemble Mercedes cars when the German auto company set up shop in Pune in through a tie-up with Tata Motors.

Today, the engines and axels of all Mercedes cars sold in India are assembled by Jaya Hind Industries.

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We are even responsible for the warranty. The company finds itself as a leader in the mass transportation space, explains Prasan. And as Indians travel more, the need for reliable, efficient transportation has increased manifold both for within and between cities. While Volvo has emerged as a front-runner for inter-city travel, there is also a requirement for smaller vehicles that are just as dependable.

It is in this market that Force Motors has carved an enviable niche for itself. Within cities, the IT enablement of transport has resulted in Force Motors working with app-based bus aggregators that provide travel services to office workers. He presently lives in Pune. He has four children. Force Motors was founded by his late father Navalmal Firodia in According to reports, Firodia is building a museum which will highlight the culture, history and philosophy of the Jain community in India.

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