Tarang Jain

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Tarang Jain
Born1962or1963(age 61–62) [1]
Aurangabad, Maharashtra, India
Education Bombay University
International Institute for Management Development
OccupationBusinessman
Known for86% owner of Varroc
TitleManaging director (CEO), Varroc
SpouseMarried
Children2
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]

Contents

As of October 9, 2024, Anurang Jain and his family were ranked 88th on Forbes' list of India's 100 richest individuals, with a net worth of US$3.65 billion. [2]

Early life and education

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

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

Jain is married, with two children, and lives in Aurangabad, India. [1]

References

  1. 1 2 3 4 "Forbes profile: Tarang Jain". Forbes. Retrieved 5 July 2018.
  2. ↑ "India's 100 Richest". Forbes .
  3. 1 2 "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.


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