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2592
In the world today
Naresh Jain

Naresh Jain

N. Jain
-0.34% | - $-4.97M
$1.44 B ₹ 13,126 Cr
Real Time Net Worth #2592 Ranking as of 21 Feb 2026 By Forbes
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More on Naresh Jain

Gender

Male

Age

UnknownY

Country

India

Born On

Unknown

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Manufacturing)

Primary Organization

Endurance Technologies

Titles

Shareholder

Sources of Wealth

Auto Parts

Industry

Automotive, Manufacturing

About Naresh Jain

N aresh Jain is the founder and former chairman of two major Indian automotive component manufacturers: Endurance Technologies and Varroc Engineering. He stepped down as chairman of both listed entities in 2020 but retains significant ownership stakes. His twin sons, Anurang and Tarang Jain, now run Endurance and Varroc respectively. His wife, Suman, is the sister of the late industrialist Rahul Bajaj, linking the family to one of India's most prominent business dynasties.

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Quick Reads

Early Life and Background

Naresh Jain is an Indian businessman, the former chairman of listed auto component companies Endurance Group (NSE: ENDURANCE) and Varroc Engineering (NSE: VARROC).

Jain holds stakes in both companies. His twin sons, Anurang and Tarang, run Endurance and Varroc respectively. His wife, Suman, is the younger sister of late two-wheeler billionaire Rahul Bajaj.

  • Core Companies: Endurance Group and Varroc Engineering (Auto components).
  • Family Link: Wife Suman is the younger sister of late two-wheeler billionaire Rahul Bajaj.
  • Family Governance: Twin sons, Anurang and Tarang, run the respective companies.

Career Journey of Naresh Jain

Naresh Jain's career is defined by his foundational role in establishing and leading two major auto component manufacturers in India. His structural contribution is tied to building manufacturing capacity that supplies essential parts to the competitive automotive industry.

He stepped down as chairman of both companies in 2020, handing over executive control to his twin sons. His son Anurang Jain is a billionaire based on his holding in Endurance.

  • Retirement: Stepped down as chairman of both companies in 2020.

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Naresh Jain's Timeline

Pre-2020:

Served as Chairman of both Endurance Group and Varroc Engineering.

2020:

Stepped down as chairman of both companies.

Ongoing:

Twin sons run the respective companies.

Major Business Ventures and Investments

Naresh Jain's wealth is concentrated in his family's substantial stakes in the publicly traded auto component giants.

  • Endurance Group (NSE: ENDURANCE): Former Chairman; son Anurang is a billionaire based on his holding.
  • Varroc Engineering (NSE: VARROC): Former Chairman; run by his twin son Tarang.
  • Sector Focus: Auto components, supplying the global and domestic automotive markets.

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Philanthropy and Social Impact

Fashion, Style, and Lifestyle

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Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He is the former chairman of auto component companies Endurance Group and Varroc Engineering.
  • His twin sons, Anurang and Tarang, run the respective companies.
  • His wife Suman is the younger sister of late two-wheeler billionaire Rahul Bajaj.

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Sources & References

This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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