Tarang Jain (born 1962/1963) is an Indian billionaire businessman, the CEO and 86% owner of Varroc, an Indian two- and four-wheeler parts manufacturer.[1]
As of October 9, 2024, Anurang Jain and his family were ranked 88th on Forbes' list of India's 100 richest individuals, with a net worth of US$3.65 billion.[2]
Early life and education
His mother Suman is the sister of Rahul Bajaj.[3] His father is Naresh Chandra Jain, who founded Varroc, and he has an identical twin brother Anurang Jain, who runs another car components company, Endurance Technologies.[4][5]
Jain earned a bachelor's degree from University of Mumbai, and an MBA from IMD Business School in Lausanne, Switzerland.[1][6]
Career
Jain founded Varroc in 1990.[3]
In 2012, he bought Visteon's global lighting interests, the world’s sixth-largest lighting business, for $90.5 million.[7]
Personal life
Jain is married, with two children, and lives in Aurangabad, India.[1]
References
- Forbes profile: Tarang Jain Forbes, retrieved 5 July 2018^
- "NAAZNEEN KARMALI". India’s 100 Richest 2024 Forbes, retrieved 2025-10-02^
- Tarang Jain: Taking Risks to De-Risk Varroc - Forbes India Forbes India, retrieved 5 July 2018^
- Lijee Philip. How Rahul Bajaj's twin nephews Anurag and Tarang rode into the billionaire's club The Economic Times, 27 February 2018, retrieved 5 July 2018^
- Varroc leads Charge of the Indian Component Brigade - Forbes India Blog Forbes India, retrieved 5 July 2018^
- Script Tutorials. Varroc Group - Varroc Group Site www.varrocgroup.com, retrieved 5 July 2018^
- Twin-win venture: How Tarang Jain built a global automotive business - Forbes India Forbes India, retrieved 5 July 2018^