Vikram Lal (born 1942) is an Indian businessman. Lal is the founder and former CEO of Eicher Motors, an Indian commercial vehicle manufacturer based in New Delhi, India.[1] He has been a member of the board of directors of The Doon School.[2] As per the Forbes list of India’s 100 richest tycoons, as of 9 October 2024, Vikram Lal and his family are ranked 31st with a net worth of $8.8 billion.[3]

Early life and education

Vikram Lal was born in 1942.[4] He studied mechanical engineering at the Technische Universität Darmstadt.[5][6][7]

Business career

In 1966, Lal joined Eicher India, part of his family owned companies established by his father, Man Mohan Lal, in 1948.[8][9] Eicher started as the first tractor manufacturer in India in 1959 under the company name Eicher Tractor Corporation of India Pvt. Ltd., as a joint venture with German tractor manufacturer Eicher, and eventually branched out into light commercial vehicles in 1986, and then into heavy vehicles.[10] In 1985, he took a step back in detailed management of his companies as result of a heart bypass, which also contributed to his later decision of handing over management control of his companies to professionals.[11] In 1997, Lal retired from all executive roles in his companies and handed control over to professional managers.[12][13]

Personal life

Lal is married to Anita Lal and they have 3 children.[14][11] Anita founded the lifestyle brand Good Earth.[14] His son, Siddhartha Lal, became CEO of Eicher Motors in 2006.[9][13] One of his daughters, Simran, runs the family's two lifestyle brands, Good Earth and Nicobar.[5][6][13] Lal spends his retirement years volunteering at his own Goodearth Education Foundation.[5]

References

  1. ^ "Eicher Motors' CEO on the Volvo deal". Rediff.com. Retrieved 28 March 2012.
  2. ^ "Vikram Lal". The DOON School. 7 October 2007. Archived from the original on 2 July 2012. Retrieved 28 March 2012.
  3. ^ "India's 100 Richest". India’s 100 Richest. 9 October 2024. Archived from the original on 3 November 2024. Retrieved 17 January 2025.
  4. ^ "Unveiling Vikram Lal: The visionary fueling Royal Enfield's success – Know about his journey, career, son Siddhartha Lal, daughter Simran Lal, and net worth". Financialexpress. 7 June 2024. Retrieved 16 January 2025.
  5. ^ a b c Karmali, Naazneen. "Indian Motorcycle Magnate Vikram Lal Becomes Billionaire On Rising Shares". Forbes. Archived from the original on 4 August 2019. Retrieved 4 August 2019.
  6. ^ a b "Simran Lal: Your employees are the best brand ambassadors". 15 September 2017. Retrieved 5 August 2019.
  7. ^ "Trustees & Patrons". IndiaSpend. 19 September 2018. Archived from the original on 5 April 2019. Retrieved 6 August 2019.
  8. ^ "India at 75: Munjals to Mahindras - 20 visionary industrialists of India". Business Standard. 12 August 2022. Retrieved 17 January 2025.
  9. ^ a b "Vikram Lal & family". Forbes. Archived from the original on 4 August 2019. Retrieved 5 August 2019.
  10. ^ "Common Cause". Archived from the original on 6 August 2019. Retrieved 2 April 2020.
  11. ^ a b BSCAL (11 October 1997). "The Man Who Wouldnt Be King". Business Standard. Retrieved 17 January 2025.
  12. ^ Dubey, Rajeev. "Leadership: The CEO Who Walked Away". archives.digitaltoday.in. Archived from the original on 1 July 2024. Retrieved 16 January 2025.
  13. ^ a b c Menon, Rashmi (14 June 2017). "We are a maverick family, our focus has never been only business: Simran Lal, Good Earth". The Economic Times. ISSN 0013-0389. Archived from the original on 17 September 2024. Retrieved 16 January 2025.
  14. ^ a b Khurana, Chanpreet (21 February 2015). "Anita Lal: A story behind every design". Mint. Retrieved 17 January 2025.


Allikas: Https://en.wikipedia.org/wiki/Vikram_Lal
No tags for this post.