India Inc's GenNext: After Mistry and Premji, it's Hiranandani



Bangalore: Several Indian business empires have handed over their reins to their kin, paving their way for succession. Young blood like Cyrus Mistry and Rishad Premji are ready to ooze through the leadership corridors of India Inc this year as the old passes on the responsibilities to the new.

Niranjan Hiranandani, Head, Hiranandani Group

The latest entrant in India’s largest private realty player is Hirananandi . “Niranjan Hiranandani’s 30-year-old son, Darshan Hiranandani, is currently the Managing Director of Hiranandani group, will take up group’s energy business, and Neha Hiranandani, 26, niece of Niranjan Hiranandani and the daughter of his brother, Surendra Hiranandani, is likely to take over the real estate projects,” as quoted by Mint.

Niranjan’s son had played a key role in completing 23 Marina, one of the world’s tallest residential buildings in Dubai in 2011and his daughter Priya Vandrewala sold her business process outsourcing company for $100 million in 2005 when she was just 25.

Who is going to fit into the shoes of these old guards once they retire, is the biggest question Indian Inc’s frets constantly think about. Listed are a few headline making leadership changes that took place in corporate India.