Tarang Jain

Tarang Jain
Born1962 or 1963 (age 61–62)
EducationBombay University
International Institute for Management Development
OccupationBusinessman
Known for86% owner of Varroc
TitleManaging director (CEO), Varroc
SpouseMarried
Children2
RelativesRahul 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.

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.

Early life and education

His mother Suman is the sister of Rahul Bajaj. 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.

Jain earned a bachelor's degree from University of Mumbai, and an MBA from IMD Business School in Lausanne, Switzerland.

Career

Jain founded Varroc in 1990.

In 2012, he bought Visteon's global lighting interests, the world’s sixth-largest lighting business, for $90.5 million.

Personal life

Jain is married, with two children, and lives in Aurangabad, India.

References

  1. ^ a b c d "Forbes profile: Tarang Jain". Forbes. Retrieved 5 July 2018.
  2. ^ "India's 100 Richest". Forbes.
  3. ^ a b "Tarang Jain: Taking Risks to De-Risk Varroc - Forbes India". Forbes India. Retrieved 5 July 2018.
  4. ^ 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.
  5. ^ "Varroc leads Charge of the Indian Component Brigade - Forbes India Blog". Forbes India. Retrieved 5 July 2018.
  6. ^ Tutorials, Script. "Varroc Group - Varroc Group Site". www.varrocgroup.com. Archived from the original on 11 July 2018. Retrieved 5 July 2018.
  7. ^ "Twin-win venture: How Tarang Jain built a global automotive business - Forbes India". Forbes India. Retrieved 5 July 2018.