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The Hinduja Group, a venerable Indian conglomerate with a century-old legacy, is embarking on a significant transformation project for its Mumbai headquarters, Hinduja House. With over 200,000 employees, the group intends to complete this ambitious redevelopment over the next 3-4 years. This iconic structure, originally a ground plus five-storey building constructed in the 1980s and overlooking the Arabian Sea, is set to undergo a remarkable metamorphosis.
Hinduja Group's visionary plan is to redevelop Hinduja House into a modern 32-storey tower in the upscale Worli locality of Mumbai. This redevelopment is strategically aligned with the group's expansion goals and is expected to breathe new life into the historic headquarters.
For decades, Hinduja House has played a pivotal role in the group's growth story. It served as the epicentre for charting expansion strategies, both in greenfield and brownfield ventures across diverse sectors. From landmark acquisitions like Gulf Oil in 1984 to establishing their flagship commercial vehicle manufacturing company, Ashok Leyland, in 1987, this office has been the birthplace of many of the group's strategic decisions.
The new headquarters will not only be a symbol of modernity but also a testament to sustainability. It will incorporate cutting-edge sustainable and green building features, prioritizing energy efficiency and water conservation in its design. The existing structure is slated for demolition in the coming weeks, especially after the Pitru Paksha.
The development process is already in motion, with the company in the process of selecting a leading architect and design firm to craft the redevelopment plan. Each floor is expected to have a unique thematic design, promoting agile workspaces that foster creativity and collaboration.
The scope of this redevelopment project extends beyond just a physical makeover. It is envisioned to accommodate the diverse portfolio of the group's businesses, which span across sectors such as renewables, power, and cyber security. Currently, various group companies are dispersed throughout Mumbai, and the new headquarters will consolidate these offices under one roof, enhancing operational efficiency and synergy.
As the existing offices are being vacated to make way for the transformation, the group has temporarily relocated some departments to the Bandra-Kurla Complex (BKC) business district. This strategic move ensures that business operations continue smoothly during the redevelopment phase.
Meanwhile, Hinduja Group's real estate investment and development arm, Hinduja Realty Ventures, has been proactive in securing office spaces in key locations. They recently acquired office properties spanning three floors in Tata Communication's commercial tower in BKC through a lease agreement extending over five years. This move not only provides them with essential office space but also exclusive access to 27 car parking slots in the BKC commercial tower.
The Hinduja Group's diverse business interests encompass mobility, lubricants, specialty chemicals, banking and finance, digital technology, healthcare, infrastructure project development, media & entertainment, power, and real estate. This conglomerate, which traces its roots back to 1914 in Sindh (now part of Pakistan), has a rich history of international expansion, dating back to 1919 when it established its first office outside India in Iran.
In summary, the Hinduja Group's decision to revamp its headquarters symbolizes its commitment to modernization, sustainability, and operational efficiency. This ambitious project reflects the group's enduring legacy and its dedication to staying at the forefront of India's corporate landscape. As the iconic Hinduja House transforms into a towering symbol of the group's future, it also marks a new chapter in the conglomerate's storied history.
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