Vikram Kirloskar was an Indian industrialist and the Vice Chairman of Toyota Kirloskar Motor, a joint venture between the Indian conglomerate Kirloskar Group and Toyota Motor Corporation for the manufacture and sales of Toyota cars in India. A pioneer of India’s automotive industry, he played a key role in bringing the Japanese firm Toyota Motor Corp to India in 1997.
The following information on Vikram Kirloskar’s Biography, Net Worth, Age, Family, Parents, Siblings, Wife and Nationality is all you need to know.
Vikram Kirloskar Biography
Vikram Shreekant Kirloskar was born in 1958 and he hailed from Bengaluru, Karnataka, India. He attended the Lawrence School in Ooty, Tamil Nadu. He pursued a Bachelor of Science in Mechanical Engineering at the Massachusetts Institute of Technology (MIT), USA, the alma mater of his grandfather. The Indian Express Thereafter, he received training while working in various capacities in India and US.
Vikram Kirloskar Early Life
Vikram Kirloskar is the fourth-generation member of the Kirloskar Group founded in 1888 by Laxmanrao Kirloskar. The company was the manufacturer of India’s first iron plough in 1888. Since then, the Kirloskar family members have been contributors to India’s growth and industrialisation.
Vikram Kirloskar Parents & Siblings
His father, Shreekant Kirloskar, was also an industrialist and a third-generation member of the Kirloskar Group. He was an only child.
Vikram Kirloskar Career
In 1981, he began his career when he started working in the manufacturing and automobile industry. He started working in the family business after college, starting with Production Engineering. He was a trainee in manufacturing at Kirloskar Cummins in Pune. Early in his career, he designed and developed many processes and machine tools.
In the late 1980s, he was instrumental in establishing the import licensing for capital equipment while serving on the government’s Development Council for Machine Tools. In 1997, the Kirloskar Group and Toyota Motor Corporation established the joint venture Toyota Kirloskar Motor (TKM) with Vikram Kirloskar as its Vice Chairman. The headquarters of the venture is located in Bidadi, Karnataka, near Bengaluru. Apart from that, he was also the Vice Chairman of Toyota Kirloskar Auto Parts. Other private limited companies of the conglomerate Kirloskar Group of which Vikram Kirloskar was a director include Kirloskar Pneumatic, Denso Kirloskar Industries, Kirloskar Toyota Textile Machinery, and Kirloskar Oil Engines. He was also a director of Kirloskar Proprietary Limited, Vikramgeet Investments And Holdings Pvt. Ltd, Global Innovation & Technology Alliance, Quadrant Communications Limited, Asara Sales And Investment Pvt. Ltd, Vsk Holdings Pvt. Ltd, and CSEP Research Foundation. He was also a director of Toyota’s Material Handling and Industries Engine private limited companies.
Vikram Kirloskar Cause of Death
On 29 November 2022, Vikram Kirloskar died due to cardiac arrest. The Times of India His death was announced by Toyota Kirloskar Motor saying,
We are extremely saddened to inform the untimely demise of Mr Vikram S. Kirloskar, Vice Chairman, Toyota Kirloskar Motor on 29th November 2022. At this time of grief, we request everyone to pray that his soul rests in peace. We extend our deepest sympathies to his family and friends.”
Vikram Kirloskar Wife, Children
His wife, Geetanjali Kirloskar, is an advertising professional who headed her own firm Quadrant Communications as President. She also set up the insurance services wing of Kirloskar Systems. She is the former chairperson of Bengaluru-based Sakra World Hospital. The hospital was started the hospital in 2013, partnering with Toyota Tsusho, the trading arm of Toyota Group, and Secom Medical System, the medical arm of Japanese security company Secom. It was the first hospital in India to be operated jointly by Japanese and Indian companies.
His daughter, Manasi Kirloskar, is the Executive Director of Kirloskar Systems. Later, she joined the board of Toyota Motors. She is married to Noel Tata’s son, Neville Tata.
Vikram Kirloskar Net Worth
Vikram Kirloskar has an estimated Net Worth of Rs. 500 Crore.
As per corporate shareholdings filed for September 30, 2022, vikram shreekant kirloskar publicly holds 5 stocks with a net worth of over Rs. 10.1 Cr. As per the Financial year 2022 March 31 ending report Toyota Kirloskar Motor Private Limited Revenue / Turnover is Over INR 500 Cr. Net Worth of the Company has increased by 20.84%. EBITDA has increased by 308.01%, Total Assets of the company has increased by 13.58%. Liabilities of the company has increased by 30.71%.