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Adding short description: "Indian billionaire businessman" (Shortdesc helper)
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{{Use dmy dates|date=July 2019}}
{{Use dmy dates|date=July 2019}}
{{Infobox person
{{Infobox person
| name         = Tarang Jain
| name               = Tarang Jain
| image       =
| image             =  
| image_size   =
| image_size         =  
| caption     =
| caption           =  
| birth_name   =
| birth_name         =  
| birth_date   = {{birth based on age as of date |56|2019|07|05}}<ref name="Forbes profile"/>
| birth_date         = {{birth based on age as of date |56|2019|07|05}}<ref name="Forbes profile"/>
| birth_place = [[Aurangabad, Maharashtra]], India
| birth_place       = [[Aurangabad]], [[Maharashtra]], India
| death_date   =
| death_date         =  
| death_place =
| death_place       =  
| residence    =
| education         = [[University of Mumbai|Bombay University]]<br> [[International Institute for Management Development]]
| nationality  = Indian
| occupation         = Businessman
| education   = [[University of Mumbai|Bombay University]]<br> [[International Institute for Management Development]]
| known for         = 86% owner of [[Varroc]]
| occupation   = Businessman
| networth           = US$1.0 billion<ref name="Forbes profile">{{cite web |title=Forbes profile: Tarang Jain |url=https://www.forbes.com/profile/tarang-jain/ |website=Forbes |accessdate=5 July 2018}}</ref>
| known for   = 86% owner of [[Varroc]]
| title             = Managing director (CEO), Varroc
| home_town    =
| term               =  
| salary      =
| predecessor       =  
| networth     = US$1.0 billion<ref name="Forbes profile">{{cite web |title=Forbes profile: Tarang Jain |url=https://www.forbes.com/profile/tarang-jain/ |website=Forbes |accessdate=5 July 2018}}</ref>
| successor         =  
| title       = Managing director (CEO), Varroc
| boards             =  
| term         =
| spouse             = Married
| predecessor =
| children           = 2
| successor   =
| parents           =  
| boards       =
| relatives         = [[Rahul Bajaj]] (uncle)
| spouse       = Married
| website           =  
| children     = 2
| parents     =  
| relatives   = [[Rahul Bajaj]] (uncle)
| website     =
}}
}}



Latest revision as of 16:02, 1 July 2022


Tarang Jain
Born1962/1963 (age 63–64)[1]
EducationBombay University
International Institute for Management Development
OccupationBusinessman
Known for86% owner of Varroc
Net worthUS$1.0 billion[1]
TitleManaging director (CEO), Varroc
Spouse(s)Married
Children2
RelativesRahul Bajaj (uncle)

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]

Early life[edit | edit source]

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.[3][4]

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

Career[edit | edit source]

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[edit | edit source]

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

References[edit | edit source]

  1. 1.0 1.1 1.2 1.3 1.4 "Forbes profile: Tarang Jain". Forbes. Retrieved 5 July 2018.
  2. 2.0 2.1 "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.