Amitabh Bachchan’s Son-in-Law & Escorts Kubota Ltd MD Nikhil Nanda: The Man Behind India's Rs 8710 Crore Company
Nikhil Nanda's story is closely tied to two famous families of Indian cinema and industry. Born on March 18, 1974, in New Delhi, Nanda took the responsibility of Chairman and Managing Director of Escorts Kubota Limited, a leading engineering conglomerate with diverse interests in agriculture equipment, construction, and automotive sectors
A successful face of India's corporate world, Nikhil Nanda stands as an example of entrepreneurial talent and familial legacy. Known not just as a successful businessman but also as the son-in-law of Bollywood icon Amitabh Bachchan, Nanda's journey is one marked by innovation, leadership, and a deep-rooted commitment to his family's legacy.
Recently, Bachchan and Nanda's family was in the news as Amitabh Bachchan's granddaughter Navya Naveli Nanda accompanied her father Nikhil Nanda on a visit to a site in Madhya Pradesh associated with their family's agriculture-related business ventures. Nikhil Nanda, an esteemed Indian industrialist serving as the Chairman and Managing Director of Escorts Kubota Limited, was seen personally overseeing the distribution of Farmtrac and Powertrac tractors to farmers in the region.
The Family Connection:
Nikhil Nanda was born on March 18, 1974, in New Delhi. His dad, Rajan Nanda, leading Escorts Group as the chairman and managing director. His mom, Ritu Nanda, worked as an insurance agent for Life Insurance Corporation of India. Nikhil Nanda's story is closely tied to two famous families of Indian cinema and industry. Born to the late Rajan Nanda and Ritu Nanda, daughter of the legendary actor Raj Kapoor, Nanda inherited a legacy of entrepreneurship and creativity. His marriage to Shweta Bachchan-Nanda, daughter of Amitabh Bachchan, further strengthened his ties to Bollywood royalty.
Stepping into Leadership:
Following his father's demise, Nanda took the responsibility of Chairman and Managing Director of Escorts Kubota Limited, a leading engineering conglomerate with diverse interests in agriculture equipment, construction, and automotive sectors. Under his supervision, the company witnessed remarkable growth, reaching a valuation of INR 10,000 crore by 2020.
Business Knowledge and Global Expansion:
Qualified with a Bachelor of Business Administration from The Wharton Business School, University of Pennsylvania, Nanda flooded fresh ideas and strategic vision into Escorts Kubota Limited. His leadership facilitated global expansion and profitability, solidifying the company's position as a key player in India's industrial landscape.
Nikhil Nanda's Net Worth:
With Escorts Kubota Limited boasting a revenue of Rs 8710 crore and employing over 13,605 individuals, Nanda's net worth stands at a formidable Rs 60 crore. His salary as Chairman and MD is estimated to be Rs 13.1 crore, reflecting his invaluable contribution to the company's success. Notably, Nanda holds a significant 37% stake in the conglomerate, underscoring his deep-rooted commitment to its growth trajectory.
Family and Legacy:
Beyond the boardroom, Nanda's personal life is equally noteworthy. His marriage to Shweta Bachchan-Nanda in 1997 has been a foundation of support and companionship. The couple shares two children, Navya Naveli Nanda(26 years) and Agastya Nanda (23 years), both making their paths in entrepreneurship and acting, respectively.
Navya Nanda: Carrying the Torch Forward:
Nanda's daughter, Navya Naveli Nanda, has emerged as a promising force in her own right. Expressing a keen interest in contributing to India's economy, Navya has embraced her family's entrepreneurial legacy with devotion. Her stint as a junior marketing manager at Escorts Group underscores her commitment to learning and contributing to the family business.
A Vision for the Future:
Escorts started in 1944 and sells stuff in over 40 countries. They make tractors, car parts, things for trains, and machines for building stuff and moving things around.
As Nikhil Nanda continues to move Escorts Kubota Limited towards greater heights, his vision for the future remains rooted in innovation, sustainability, and inclusive growth. With a legacy spanning generations and a commitment to excellence, Nanda's journey serves as an inspiration for aspiring entrepreneurs and industry people alike.
