Tarang Jain

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] Jain family net worth $2 billion.

Tarang Jain
Born1962 or 1963 (age 60–61)[1]
Aurangabad, Maharashtra, India
EducationBombay University
International Institute for Management Development
OccupationBusinessman
Known for86% owner of Varroc
TitleManaging director (CEO), Varroc
SpouseMarried
Children2
RelativesRahul Bajaj (uncle)

Early life and education

His mother Suman is the sister of Rahul Bajaj.[2] 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.[3][4]

Jain earned a bachelor's degree from University of Mumbai, and an MBA from IMD Business School in Lausanne, Switzerland.[1][5]

Career

Jain founded Varroc in 1990.[2]

In 2012, he bought Visteon's global lighting interests, the world’s sixth largest lighting business, for $90.5 million.[6]

Personal life

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

References
  1. "Forbes profile: Tarang Jain". Forbes. Retrieved 5 July 2018.
  2. "Tarang Jain: Taking Risks to De-Risk Varroc - Forbes India". Forbes India. Retrieved 5 July 2018.
  3. Philip, Lijee (27 February 2018). "How Rahul Bajaj's twin nephews Anurag and Tarang rode into the billionaire's club". Retrieved 5 July 2018 – via The Economic Times.
  4. "Varroc leads Charge of the Indian Component Brigade - Forbes India Blog". Forbes India. Retrieved 5 July 2018.
  5. Tutorials, Script. "Varroc Group - Varroc Group Site". www.varrocgroup.com. Retrieved 5 July 2018.
  6. "Twin-win venture: How Tarang Jain built a global automotive business - Forbes India". Forbes India. Retrieved 5 July 2018.


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