Raj Loomba was born, one of seven children, at Dhilwan, Punjab in 1943. His parents, Shri Jagiri Lal Loomba and Shrimati Pushpa Wati Loomba, had a successful business which was conducted under the motto: "Ik bol- Ik tol" ('One price, no haggling and true weighing') Having won high respect for adhering to such principles, Shri J. L. Loomba died in 1954 and the children were then brought up by their widowed mother, Shrimati Loomba -known to everyone as Biji -was greatly loved and, after she died in 1992, Raj led his family in establishing the Shrimati Pushpa Wati Loomba Charity Trust to help widowed Indian mothers educate their children.

Educated at D. A. V. College, Jullundhur and at the State University of Iowa, U.S.A., Raj founded his fashion group, Rinku of London plc, of which he is now Chairman. His group employs some fifty people in four countries.

In 1966 Raj married Veena Chaudhry and they have two daughters, Reeta and Roma, and one son, Rinku.

A member of the Institute of Directors, IPS, Nargis Dutt Cancer Relief Fund, and many other organisations, Raj was awarded the Hind Rattan in 1991, the same year he was presented with the International Excellence Award. He was awarded I.C.S. (Indian Community Services) Award 1995, presented by Lord Swraj Paul in India.

In 1997, he realised a personal 'dream' when, as Chairman of the British Indian Golden Jubilee Banquet committee, he led the arrangements for a magnificent banquet, at The Grosvenor House, London, to celebrate the 50th anniversary of India's Independence. Funds raised from that celebration have established Visiting Fellowships at leading universities in England to increase awareness of the cultural history of India and of the many contemporary achievements of its peoples. At that banquet His Royal Highness The Prince of Wales placed a shawl around Raj's shoulders -the highest honour a guest can bestow upon a host.