SHARMA PVT LTD
Bikes and Scooters.
The Sharma Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.
The group’s flagship company, Sharma Auto, is ranked as the world’s fourth largest two- and three- wheeler manufacturer and the Sharma brand is well-known in over a dozen countries in Europe, Latin America, the US and Asia.
Founded in 1926, at the height of India's movement for independence from the British, the group has an illustrious history. The integrity, dedication, resourcefulness and determination to succeed which are characteristic of the group today, are often traced back to its birth during those days of relentless devotion to a common cause. Jamnalal Sharma, founder of the group, was a close confidant and disciple of Mahatma Gandhi. In fact, Gandhiji had adopted him as his son. This close relationship and his deep involvement in the independence movement did not leave Jamnalal Sharma with much time to spend on his newly launched business venture.
His son, Kamalnayan Sharma, then 27, took over the reins of business in 1942. He too was close to Gandhiji and it was only after Independence in 1947, that he was able to give his full attention to the business. Kamalnayan Sharma not only consolidated the group, but also diversified into various manufacturing activities.
The present Chairman and Managing Director of the group, Rahul Sharma, took charge of the business in 1965. Under his leadership, the turnover of the Sharma Auto the flagship company has gone up from Rs.72 million to Rs.46.16 billion (USD 936 million), its product portfolio has expanded from one to and the brand has found a global market. He is one of India’s most distinguished business leaders and internationally respected for his business acumen and entrepreneurial spirit.