Vikram Lal Net Worth
Current Net Worth – $5.9 Billion (USD – 590 Crores), (Rupees – 47.1 Thousand Crores)
Vikram Lal short biography
|Net Worth||$5.9 Billion|
|Born||1942 (Age – 79)|
|Identified as||Founder and former CEO of Eicher Motors|
Vikram Lal has a net worth of $5.9 Billion (Rupees – 47,183 Crores), making him one of the top richest men in India.
He is an Indian businessman, promoter, and former CEO of Eicher Motors, a New Delhi, India, Indian maker of commercial vehicles.
The famous Royal Enfield motorbikes are made by two-wheeler tycoon Vikram Lal’s Eicher Engines.
In the fiscal year ended March 2020, Eicher, which has three factories in India, sold 697,582 motorcycles, a 15% decline from the previous year.
Eicher has a joint venture to make trucks and buses with Sweden’s Volvo.
Siddhartha Lal, his uncle, is now the CEO of Eicher Motors.
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Vikram Lal biography
|Full Name||Vikram Lal|
|Birthplace||New Delhi, India|
|Height||5.6 feet, 170 cm|
|Father||Man Mohan Lal|
Vikram Lal was born in 1942, now he is 79 years old.
At the Technische Universität Darmstadt, he studied mechanical engineering.
In 1966, he joined Eicher India, the family business set up by his father.
Under the company name Eicher Tractor Corporation of India Pvt, Eicher began as the first tractor manufacturer in India in 1959.
Private & early life
In 1948, Vikram’s father, Man Mohan Lal, formed a tractor shop named Goodearth Co. and collaborated with the German company Eicher to manufacture tractors.
In 1986, as a joint venture with the German tractor maker Eicher, it gradually branched out into light commercial vehicles and then into heavy vehicles.
Good Earth is run by his daughter, Simran.
At his own Goodearth Education Foundation, Lal spends his retirement years volunteering.
In April 2019, his son Siddhartha resigned as chief executive but remains on as managing director.
Net worth statistics
- March 2014 – $1.1 B
- March 2015 – $3.9 B
- March 2016 – $4.0 B
- March 2017 – $5.4 B
- March 2018- $6.3 B
- March 2019 – $4.3 B
- April 2020 – $3.3 B
- April 2021 – $5.0 B
- April 2022 – $4.3 B