Nikhil Nanda Biography: Age, Net Worth, Family, Wikipedia, Parents, Children, Nationality

Nikhil Nanda is a distinguished Indian businessman who currently serves as the Chairman and Managing Director of Escorts Kubota Limited, a renowned multinational engineering company specializing in agricultural, construction, and railway equipment.

As a third-generation entrepreneur, Nanda continues the legacy established by his grandfather, Har Prasad Nanda, who founded Escorts Limited in 1944.

He assumed the role of Chairman and Managing Director of the group in August 2018, following the passing of his father, Rajan Nanda.

Profile

• Full Name: Nikhil Nanda
• Stage Name: Nikhil Nanda
• Born: March 18 1974
• Age: 51 years old
• Birthplace: New Delhi, India
• Nationality: Indian
• Occupation: Indian businessman
• Height: 1.83 m
• Parents: Ritu Nanda, Rajan Nanda
• Siblings: Nitasha Nanda
• Spouse: Shweta Bachchan-Nanda (m. 1997)
• Children: Navya Naveli Nanda, Agastya Nanda
• Relationship: Married
• Net Worth: $7.2 million

Early Life And Education

Nikhil Nanda was born in New Delhi, India, on March 18, 1974. He is the son of Rajan Nanda, a prominent industrialist who served as the Chairman and Managing Director of the Escorts Group until his passing in 2018. Nikhil’s mother, Ritu Nanda, was the daughter of the legendary actor and director Raj Kapoor.

He has one sibling, a sister named Neetu Nanda. The Nanda family is highly regarded in Indian society for their significant contributions to the business and entertainment sectors.

Nikhil completed his early education at Hillgrange Preparatory School in Dehradun and graduated from The Doon School, one of India’s most prestigious institutions.

He then pursued a degree in business management at the Wharton School of the University of Pennsylvania, where he specialized in finance and marketing. Nikhil identifies as a Punjabi Hindu.

Career

Nikhil Nanda began his professional journey with the Escorts Group in 1997, initially assuming the roles of Director and Chief Operating Officer.

His entry into the family business, founded by his paternal grandfather, Har Prasad Nanda, in 1944 marked the beginning of a distinguished career in the Indian corporate landscape.

After completing his studies, Nanda gained international exposure by working as a trainee in England before returning to India to join the family-run company.

This early experience provided him with a global perspective, which would later contribute to his leadership approach at Escorts.

In 2007, Nikhil Nanda was promoted to Joint Managing Director of Escorts Limited, a key milestone that set the stage for his continued ascent within the company.

His leadership style and vision for innovation led to his appointment as Managing Director in 2013. Under his guidance, the company introduced several groundbreaking products, including the Farmtrac premium tractor series launch in 2014 and the development of India’s first electric concept tractor in 2017.

Nanda’s innovative approach to product development played a critical role in advancing the company’s position in the competitive agricultural machinery market.

Following his father’s death, Rajan Nanda, Nikhil Nanda took on the responsibility of Chairman and Managing Director of Escorts Limited in August 2018, continuing the legacy of leadership in the family business.

In 2021, Nikhil Nanda spearheaded a strategic collaboration with Kubota Corporation, leading to the Japanese company increasing its equity stake in Escorts.

This partnership culminated in renaming the company to Escorts Kubota Limited in 2022. Nanda’s appointment as the Senior Managing Executive Officer of Kubota Corporation further strengthened his influence in the global agricultural machinery industry.

Under his leadership, Escorts Kubota Limited has seen significant growth, reaching a market capitalization of ₹42,141 crore.

Nanda’s focus on innovation, strategic alliances, and a forward-thinking vision has positioned the company as a sector leader, driving its domestic and international success.

Social Media

• Instagram handle: @iamnikhilnanda

Personal Life

Nikhil Nanda is married to Shweta Bachchan Nanda, the daughter of Bollywood icons Amitabh Bachchan and Jaya Bachchan.

The couple tied the knot on February 16, 1997, following a brief yet intense romance. They had known each other for just ten days before Nikhil proposed.

Together, they have two children: Navya Naveli Nanda, an entrepreneur and podcaster, and Agastya Nanda, who is set to debut in the film industry with Zoya Akhtar’s upcoming project, “The Archies.”

Net Worth

According to reports from Lifestyle Asia and Active Noon, Nikhil Nanda, Chairman and Managing Director of Escorts Kubota Limited, has an estimated net worth of around ₹60 crore (approximately $7.2 million).

His primary source of income is his leadership role at Escorts Kubota Limited, where he holds a substantial 36.59% stake.