Portrait of Anurang Jain

Rank #1930

Anurang Jain

Net worth $2.2B

Auto parts · India

Born
Mar 21, 1962
Age
64
Source
Auto parts
Residence
Aurangabad
Citizenship
India
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • The late motorcycle tycoon Rahul Bajaj's nephew Anurang Jain started Endurance Technologies in 1985 to supply aluminum castings to his uncle's Bajaj Auto.
  • Jain owns a majority stake in Endurance, which supplies parts for two-wheelers and three-wheelers in India and car parts in Europe.
  • Endurance has 18 factories in India and 9 in Europe.
  • Jain made news when he bought two apartments in 2020 for $14 million in a Mumbai luxury high-rise, close to Mukesh Ambani's residence.
  • Jain's twin Tarang runs his own auto components firm called Varroc Engineering.
  • Their father Naresh Chandra was chairman of both the companies but retired in 2020.

Financial assets

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