Khanna family

Last updated

Khanna family
Current region India
Place of origin Punjab Province, British India
Founded
Founder Shanti Lal Khanna

The Khanna family is a prominent Punjabi Hindu family that originates from India. Members of the family have been involved in various fields, including business, finance, politics, philanthropy, sports, and sports administration. [1] [2] [3]

Contents

History and background

The Khanna family's history stems from the city of Lahore in the Punjab Province of British India, where they were a wealthy family as a result of the manufacturing business founded by Shanti Lal Khanna in 1939, during the British Raj. [4] [5] The family has Punjabi Hindu origins. [4] [6] During the Partition of India in 1947, the Khanna family fled the city and resettled in Delhi, India. The family initially lost their wealth in the Partition and had to rebuild in Delhi. [4]

The Khanna family's rise began in independent India after they settled in Delhi following the Partition. Family members first came to prominence from the 1950s onwards, when they started businesses, initially focusing on the manufacturing of various products, mainly in and from Delhi. [7] [8] [9] [10] From the 1960s, the success of the brothers Vipin Khanna and Vinod Khanna, sons of Shanti Lal Khanna, and their descendants grew the Khanna family's business, financial, and political reach. [1] [11] [12] [13] Members of the Khanna family are primarily based in Delhi, although some members also reside in various other locations within India and in other countries, and some members are not Indian citizens. [14]

Business and financial interests

The Khanna family initially rose to prominence due to the success of its members in business and finance, fields in which many family members continue to be involved and expand their interests in. Although various members of the family have jointly owned businesses with certain relatives at different times since the 1960s, they generally maintain separate business and financial interests. [15] [16] [17] [18] The family members have had business and financial interests in both India and foreign countries. [19] [20] [21] The Khanna family has been noted for its power and influence, both within India and internationally, which they have successfully used to expand their business and financial interests, along with enhancing their network of connections. [22] [23] [24] [25]

Since the 1960s, various members of the Khanna family have had interests in a wide array of industries, including commodities trading, general trading, mining, railways, real estate, agriculture, infrastructure, logistics, power, technology, hospitality, alcohol, consultancy, and manufacturing. [26] [27] [28] [29] [3] Beginning in the 1980s, some members of the Khanna family, starting with Vipin Khanna and followed by his son Arvind Khanna, have been particularly noted for their business interests in the arms and aerospace industries, and they have also allegedly exerted significant control over the approval of defence procurement contracts in India. [30] [24] [31]

From the 2000s, members of the Khanna family, beginning with Vipin Khanna and his youngest child Aditya Khanna, entered the financial services industry by co-founding an investment bank that included an asset management division. [32] Aditya Khanna later founded his own investment bank and investment company, and maintained ownership interests in private equity asset management companies. [33] Other members of the family have also been involved in investing, fundraising, and providing investment advisory services. [34]

Sports and sports administration

From the 1980s onwards, some members of the family have been involved in sports. In professional sports, Navin Khanna, son of Vipin Khanna, is a former professional polo player who played a significant role in promoting polo in India through financial contributions; Arvind Khanna is a former golfer who also helped other professional golfers financially; and Rajeshwari Kumari, the daughter of Vinita Singh (née Khanna) and the granddaughter of Vipin Khanna, is an Olympic-level trap shooter and won a silver medal in the 2022 Asian Games. [35] [36] [37] [38]

The family has also been involved in the sports industry. From 1997 to 2006, Arvind Khanna's Tiger Corporation joint venture company, Tiger Sports Marketing managed the Indian Golf Tour. [39] In 2006, Tiger Sports Marketing established the first Professional Golf Tour of India. [40] [41] Aditya Khanna was a co-founder of Punjab Kings, which was known at the time as Kings XI Punjab, an Indian Premier League cricket team founded in 2008, and Arvind was also a co-owner of the team. [42] [43]

Members of the family, along with their close and extended relatives, have held positions in sports administration. Arvind Khanna served as the president of the Professional Golfers Association of India, president of the Fencing Association of India, and as the Secretary-General of the Punjab Olympic Association. [44] [45] [46] Vinita Singh's husband, Randhir Singh, has been a member of the International Olympic Committee, is serving as the Acting President of the Olympic Council of Asia, and has also held other positions in sports administration. [47] [48] Ravi Khanna, who was married to Amrit Kumari Khanna, and Vipin Khanna, who was married to Naginder Kumari Khanna, shared a father-in-law, Maharaja Bhupinder Singh of Patiala, one of the co-founders of the Board of Control for Cricket in India (BCCI), the national governing body of cricket in India. [49] [50]

Philanthropy and social work

Various members of the Khanna family have been involved in philanthropy and social work. Arvind Khanna founded the non-governmental organisation (NGO) Umeed Foundation in 1997. [51] The Umeed Foundation is one of Punjab's largest NGOs and is involved in healthcare, employment generation, and social and economic empowerment initiatives. [52] [53] [54] Rajesh Khanna, the youngest son of Vinod Khanna, and his wife, Priya Khanna (née Mehra), serve on the board of the Mehra Foundation, which was founded by Priya Khanna's grandfather, Ram Gopal Mehra, in 1968. [55] The Mehra Foundation is involved in healthcare, education, academia, and scholarship initiatives. [56]

Aditya Khanna is involved with a broad spectrum of Indian and global NGOs, and is on the advisory board of the United Nations’ UNAIDS Health Innovation Exchange. [57] Sundeep Khanna, eldest son of Vinod Khanna, is a member of Rotary International and served as the President of the Rotary Club Delhi Garden City. [58] [59]

Other involvements and activities

Members of the Khanna family, across multiple generations, have also gained prominence for being involved in other fields and activities, including politics and the Indian Army. [10] [60]

First generation

Notable members of the first generation include:

Second generation

Notable members of the second generation include:

Third generation

Notable members of the third generation include:

Fourth Generation

Notable members of the fourth generation include:

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