His father, Rajan Nanda from Fazilka, was an industrialist and the chairman and managing director of Escorts Group.

[8][9] Nikhil Nanda joined Escorts Limited in 1997, initially serving as its Director and group Chief Operating Officer.

He took over as the Chairman and Managing Director (CMD) of the group in August 2018, after the death of his father Rajan Nanda.

[15] In 2001, Nikhil Nanda was selected as one of the Global Leaders of Tomorrow by the World Economic Forum, Geneva.

[16] He was appointed by the Indian government to represent the country at the Indo-Spain CEOs Forum in 2017.