Ajit Gulabchand

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Ajit Gulabchand
Ajit Gulabchand - World Economic Forum on East Asia 2011.jpg
Ajit Gulabchand at the World Economic Forum on East Asia in Jakarta, 2011

Ajit Gulabchand (born 1948)[1] is an Indian industrialist. Gulabchand is the chairman and Managing Director of Hindustan Construction Company. Gulabchand serves as chairman of the board of governance at National Institute of Construction Management & Research (NICMAR) and as chairman of Walchand College of Engineering, Sangli.[2]

Early life[edit]

Gulabchand was born to a Digambara Jain family settled in Solapur, where he possesses ancestral property.[3] He is the son of Gulabchand Hirachand.


Gulabchand has been a Director of Indian a Hume Pipe since 1993. He serves as Director of Hindustan Finvest, HCC Infotech, Hincon Technoconsult, Hincon Realty, Hincon Holdings, Ucchar Investments, Western Securities, LAVASA Corporation, Motorsports Association of India, Constructmall.com, Champali Garden, Shalaka Investment, Gulabchand Foundation and as an independent, non-executive Director of Bajaj Electricals.

He is a founding member of the World Economic Forum's Disaster Resource Network and a member of the National Council of Confederation of Indian Industry (CII). He is a promoter of the Lavasa township, intended to be India's first new hill station since independence.[4]

Personal life[edit]

Gulabchand is a scion of the Walchand family. Gulabchand took charge of Hindustan Construction Co. Ltd. after managing other large public companies promoted by the family. He also served as the Director of Brabourne Enterprises Ltd. from 25 June 1997, to 16 June 2008, and RPG Life Sciences Ltd. from 25 June 1997, to June 2008. During an interview with Newslaundry, author Tavleen Singh said that she has been living with Mr. Gulabchand for the past 25 years.


Gulabchand graduated from Sydenham College, Mumbai University with a Bachelor's degree in commerce.[5]


  1. ^ "We create entrepreneurship against odds: HCC chief Ajit Gulabchand". Business Today. 19 August 2012.
  2. ^ "Web forum biography".
  3. ^ Gopalan, Krishna. "Wine and wondering with Ajit Gulabchand". The Times Of India.
  4. ^ "When scribes got Ajit Gulabchand's goat". DNA India. 22 January 2011.
  5. ^ "Newsmaker: Ajit Gulabchand". Business Standard. 3 July 2009.

External links[edit]