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Abhay Firodia


Abhay Firodia’s Property:


Abhay Firodia’s Journey up to now …

  • An alumnus of the celebrated Scindia Faculty in Gwalior, Abhaykumar Firodia is the Chairman of Force Motors. His father Navalmal Firodia, a freedom fighter, industrialist and philanthropist, established the Abhay Firodia Group in 1947
  • Centered solely within the automotive sector, the group’s flagship Force Motors was based in 1958. Firodia joined the board of the corporate in 1975 and was the Managing Director until 2009. Earlier often known as Bajaj Tempo, it was renamed Force Motors in 2005
  • Below his management, the group nearly entered all domains of automotive manufacturing specifically – producing utilitarian cost-effective automobiles, offering end-to-end options for automotive majors within the subject of high-precision aluminium castings, manufacturing of excessive know-how tooling and aggregates, design and improvement of state-of-the-art seating methods
  • He guided Force Motors in launching iconic manufacturers just like the Tempo, Matador, and Traveller which turned leaders of their respective segments
  • The six-decade-old firm manufactures small and light-weight CVs, multi-utility automobiles, and agricultural tractors. Some famous manufacturers in its portfolio embrace Traveller Trax, Shaktiman, whereas the manufacturers in tractors are Balwan, Orchard, Abhiman and Sanman
  • Firodia led the economic home in manufacturing of vital engine and transmission auto components for world authentic tools producers. Its marquee shoppers are BMW, Mercedes and Rolls-Royce
  • The Pune-based group boasts of wonderful analysis and improvement services. It employs over 10,000 individuals in 10 crops throughout India and in addition exports its merchandise to international locations in Asia, Center East and Africa
  • Firodia performed a key position when the group’s first firm, Jaya Hind Industries, fashioned a three way partnership with the French auto components maker Montupet which manufactures and provides aluminium cylinder heads, blocks, and different aluminium elements
  • After an settlement with the promoters, he ended a long-standing row with Bajaj Auto in 2014 after climbing his stake in Force Motors. Nevertheless, he nonetheless holds stakes in varied Bajaj Group corporations, which make up the majority of his wealth


Earlier than you go …

  • Abhay Firodia has headed various industry bodies like SIAM, Indo-German Chamber of Commerce, Automotive Element Producers Affiliation of India and Automotive Analysis Affiliation of India
  • He has been bestowed with the Jain Ratna Award, and Ernst & Younger – Entrepreneur of the Yr Award 2016

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