Nikhil Nanda’s family tree is a veritable who’s who of Bollywood royalty. His mother, Ritu Nanda, is the daughter of legendary filmmaker Raj Kapoor and the sister of actors Rishi Kapoor, Randhir Kapoor, and Rajiv Kapoor. That makes actors like Ranbir Kapoor and Karisma Kapoor his cousins. But what really cements Nanda’s connection to the film industry is his marriage to Shweta Bachchan Nanda, daughter of Amitabh Bachchan and Jaya Bachchan, in 1997. Now, his brother-in-law is none other than actor Abhishek Bachchan.
Nanda’s journey in the business world began after he completed his education in the United States. He joined the family business in 1997, taking the reins of Escorts Group, which was struggling under stiff competition and dwindling returns. Working closely with his father, Rajan Nanda, he helped turn the company around. Nanda started out as a director and was later promoted to joint managing director in 2007. After his father’s passing in 2013, he took over as the head of the company.
A New Era for Escorts Group
Under Nanda’s leadership, Escorts Group saw significant growth and transformation. The company partnered with Kubota Corporation in 2021, and the following year, it was renamed Escorts Kubota Limited, with Nanda at the helm as chairman and managing director. This strategic move has paid off, with Escorts Kubota Limited boasting a market capitalization of over $4.1 billion as of April 2025. The company reported an annual revenue of $1.1 billion in 2024. Today, Escorts Kubota Limited is a testament to Nanda’s business acumen, with a diverse portfolio that has helped the company expand its reach and strengthen its position in the market.
Nanda’s children are also making their mark in their respective fields. His son, Agastya Nanda, made his acting debut with ‘The Archies’ in 2023, while his daughter, Navya Naveli Nanda, is a successful businesswoman. With his family’s rich legacy and his own business achievements, Nanda has proven himself to be a worthy successor to his family’s entrepreneurial spirit.
Here are some key facts about Nikhil Nanda and Escorts Kubota Limited:
- Born in 1974 in Delhi to businessman Rajan Nanda and Ritu Nanda
- Married to Shweta Bachchan Nanda in 1997
- Joined Escorts Group in 1997 and became chairman and managing director in 2013
- Led the company’s partnership with Kubota Corporation in 2021
- Escorts Kubota Limited has a market capitalization of over $4.1 billion as of April 2025
- The company’s annual revenue was $1.1 billion in 2024