On India’s political chessboard, where shadow powerbrokers pull strings, Kamboj is Devendra Fadnavis’ enforcer—the “Amit Shah” to the Maharashtra CM’s calculated blaze. From ferrying Eknath Shinde’s rebel MLAs to Gujarat safe houses in 2022 to hoisting a triumphant Fadnavis post-2024 Mahayuti victory, Kamboj has been the backstage strategist, blending boardroom polish with party-floor grit.
His Aspect Group’s recent acquisition of Juhu Gully—a courtroom masterstroke—turned a ₹155-crore deal into assets worth thousands of crores. From a developer barely on Mumbai’s radar, Kamboj’s firm now holds the keys to one of the city’s most strategic land turnarounds, with over 5-6 lakh sq.ft. of saleable space in Juhu alone, poised to rake in anywhere between ₹2,500 crore to ₹ 10,000 crores.
A Political Powerhouse
Kamboj’s influence transcends property. A BJP loyalist, he’s been photographed with Fadnavis at party and business events, a fixture in the CM’s inner circle. From his BJP Youth Wing days to contesting the 2014 Dindoshi assembly polls with assets over ₹350 crore, he’s bridged Mumbai’s business-political corridors. After Amol Kale’s sudden death in 2024, Kamboj’s name tops the list of new influencers in the CM’s ecosystem—a generational shift toward deal-savvy players.
From Bullion to Boardrooms
Born in 1984 to a jeweler family with roots in Amritsar and Varanasi, Kamboj landed in Mumbai at 20, armed with a commerce degree and big-league ambition. By 2005, he’d built KBJ Group, a powerhouse in bullion, jewelry, hospitality, and investments, employing 200-250 and exporting to Dubai and Singapore. Mishka and Avyaan Bullion, named for his children, blended precious metals with bold designs, turning heads globally.
Politics sparked his rise. Joining BJP in 2013, he became Mumbai BJYM president and Uttar Bharatiya Morcha head, rallying crowds with fiery rhetoric. Insiders credit him with orchestrating campaigns and raising funds, earning Fadnavis’ ear on everything from irrigation to toll contracts. Yet, in September 2025, he stunned allies by stepping back from active politics, citing “global business horizons.”
Weathering Storms
Kamboj’s path hasn’t been without turbulence. As IBJA president (2012-2019), he championed the bullion trade but faced legal battles: a 2019 “wilful defaulter” tag (settled for ₹76 crore), a 2020 CBI probe (closure report filed), and a 2022 EOW FIR (later cleared). Property disputes with BMC fueled critics like Sanjay Raut, who branded him Fadnavis’ “front man.” Kamboj dismissed these as “fabricated storms,” turning scrutiny into a badge of resilience.
The KBJ Empire
Behind the flash, Kamboj and his wife, Aksha, run Aspect Global Ventures, a 1956-founded conglomerate spanning bullion, real estate, sports, and entertainment, with footprints in Dubai, London, and New York. Aksha, IBJA’s first female VP and owner of ISPL’s Tiigers of Kolkata, balances boardroom battles with philanthropy via the Mohit Kamboj Bharatiya Foundation, supporting child nutrition and temple projects.
As Group CEO since August 2025, Kamboj eyes expansions in the US, UK, and beyond. The June 2025 NCLT approval for Aspect’s ₹155-crore acquisition of Darshan Developers unlocked prime Mumbai land, positioning Kamboj as a developer dynamo. Critics like Varsha Gaikwad allege SRA favoritism; Kamboj calls it “baseless whispers.”
Stacking the Deck
From adopting “Bharatiya” in 2019 to building a global empire, Kamboj mirrors Mumbai’s restless reinvention. With Fadnavis’ trust, a family legacy, and Juhu Gully as his launchpad, he’s not just playing the game—he’s rewriting the rules. The bullion baron is now a skyline architect, and Mumbai’s watching. |
