A major contributor to this article appears to have a close connection with its subject. (September 2024) |
Vipin Khanna | |
---|---|
Born | Vipin Kumar Khanna 14 December 1930 |
Died | 7 November 2019 | (aged 88)
Nationality | Indian |
Occupations |
|
Spouse | Naginder Kumari Khanna |
Children | 4, including Arvind |
Parent | Shanti Lal Khanna (father) |
Military career | |
Allegiance | India |
Service/ | Indian Army |
Years of service | 1950-1965 |
Rank | Major |
Unit | Brigade of The Guards |
Vipin Kumar Khanna (14 December 1930 – 7 November 2019) was an Indian businessman, financier and army officer. Khanna had diverse business interests. He founded Dynamic Sales Service International, a commodities trading and marketing company, which further expanded into railways, infrastructure, telecommunications equipment, shipbroking, fast-moving consumer goods and additional industries.[1][2] Khanna also had other business interests, which included interests in the arms, aerospace, software, investment banking, hospitality, real estate, alcohol and drinks industries.[3][4][5][6] He was a Non-Resident Indian based in London, England, and also had a base in Delhi, India.[4][7][8]
Khanna was born in Lahore, Punjab Province.[9] During the Partition of India in 1947, Khanna and his family fled Lahore, and migrated to Delhi.[9] He was commissioned into the Indian Army in 1950, and eventually reached the rank of Major, before voluntarily retiring from the army in 1965.[10] After his retirement from the army, Khanna began his business career.
Khanna had a long and controversial business career. His name was frequently associated with numerous controversies, including allegations of arms lobbying, links to offshore companies, and involvement in bribery scandals; however, investigations into these matters found no evidence of wrongdoing, and the allegations were subsequently dropped.[11][12][13] Khanna was allegedly one of the largest and most powerful arms dealers in India since the 1980s; however, the allegations against him were never proven.[14][15][11] Despite the lack of evidence, Khanna faced persistent allegations of arms dealing, links to foreign defence companies, and involvement in various arms deals throughout his business career.[11][16] According to statements and claims by the Government of India and Indian investigative agencies, Khanna was reported to be a powerful and influential person both in India and globally.[17][18][19]
Khanna died on 7 November 2019, in New Delhi. His business interests were divided between his children: Vinita, Navin, Arvind and Aditya.[20][21][22][23]
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