Vikram Lal | |
---|---|
Born | 1942 82) | (age
Nationality | Indian |
Alma mater | Technische Universität Darmstadt |
Occupation | Businessman |
Title | Founder of Eicher Motors |
Children | 3, including Siddhartha Lal |
Website | www |
Vikram Lal (born 1942) is an Indian billionaire businessman, the founder and former CEO of Eicher Motors, an Indian commercial vehicle manufacturer based in New Delhi, India. [1] He has been a member of the board of directors of The Doon School. [2]
He studied mechanical engineering at the Technische Universität Darmstadt. [3] [4] [5]
He joined Eicher India, the family company established by his father, in 1966. Eicher started as the first tractor manufacturer in India in 1959 under the company name Eicher Tractor Corporation of India Pvt. Ltd., as a joint venture with German tractor manufacturer Eicher, and eventually branched out into light commercial vehicles in 1986, and then into heavy vehicles. [6]
His son Siddhartha Lal is now CEO of Eicher Motors. [7] His daughter Simran runs Good Earth. [3] [4]
Lal spends his retirement years volunteering at his own Goodearth Education Foundation. [3]
As per Forbes list of India’s 100 richest tycoons, dated 9 October 2024, Vikram Lal & family is ranked 31st with a net worth of $8.8 billion. [8]
Lakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.
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Eicher Motors Limited is an Indian multinational automotive company that manufactures motorcycles and commercial vehicles, headquartered in New Delhi. Eicher is the parent company of Royal Enfield, a manufacturer of middleweight motorcycles.
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Eicher tractor was a manufacturer of tractors, agricultural machinery and engines. The company was founded in 1936 by the brothers Josef and Albert Eicher in the Upper Bavaria town of Forstern. The brand name "Eicher" was last used in Europe in 2009 by the Dutch agricultural machinery dealer Hissink & Zonen and is still in use today in India by Eicher Motors, which manufactures tractors & commercial vehicles by this name.
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