Rajan Nanda: End of an era

Nanda was among the rare businessmen who have seen their fortunes flourish, dwindle and then recover

Aug 06, 2018, 15:23 IST1 min

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Rajan is survived by his wife Ritu Nanda and their two children Nikhil and Natasha. The daughter of legendary film maker Raj Kapoor, Ritu is a prominent insurance advisor.

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Rajan Nanda and his son, Nikhil Nanda share a particularly close relationship. Nikhil became the managing director of Escorts in 2013, bringing in a markedly different style to the Escorts...

Image by Madhu Kapparath

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Over the past few years, the Escorts group has been trying to stage a comeback in the Indian tractor industry. Once the country's largest tractor maker, Escorts is a pale shadow of itself t...

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Rajan and Nikhil Nanda with Escorts's leadership team. Last year, the company introduced India's first electric tractor, and has firmed up plans to evolve into a holistic agri-solutions com...

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Nanda with Shailendra Agrawal (seen, extreme right), the chief operating officer and head of research and development (R&D) at Escorts, who has been instrumental in introducing new tractor ...

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Rajan Nanda joined Escorts in 1965 at the age of 23, before assuming the charge as chairman and managing director in 1993. He oversaw a tumultuous period in the group's history, only to hav...

Image by Madhu Kapparath