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Madhukar Parekh

From Wikipedia, the free encyclopedia
Madhukar Parekh
NationalityIndian
EducationUDCT (B.Sc.)
University of Wisconsin (M.S.)
OccupationChairman Pidilite Industries
Children2 daughters
FatherBalvant Parekh

Madhukar Balvantray Parekh is an Indian entrepreneur, Chairman of Pidilite Industries, a global company among the leaders in adhesives and sealants, construction chemicals, and hobby colors.[1] Madhukar is 16th richest Indian with a net worth of US$7.5 billion as of 2019.[2][3]

In October 2024, Parekh and his family were ranked 17th on the Forbes list of India’s 100 richest tycoons, with a net worth of $14.6 billion.[4]

Early years

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Parekh is the son of Balvant Parekh, born in A Gujarati Jain family who founded Pidilite Industries in 1959.[5] Parekh secured rank 4 in IIT JEE examination yet remained to study at UDCT. Madhukar completed Bachelor of Engineering in Chemical Engineering from the University Department of Chemical Technology of University of Mumbai and a Masters in Chemical engineering from University of Wisconsin the United States in 1969. He joined Abbot Laboratories USA after his master's degree.[6]

MadhukarParekh Joined family business Pidilite Industries in 1971[7][8]

Awards & Recognitions

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  • Ranked 13 on Business Today Top 25 business leaders in India 2012[9]
  • Chemtech Business leader of the Year 2013[10]
  • EY Entrepreneur of the year - Consumer products 2014[11]

Associations

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Parekh serves as the chairman and managing director of Vinyl Chemicals India Limited, an Independent non executive director of Excel Industries Limited. He also serves as an Executive Director of Pidilite Industries and Vinyl Chemicals India Ltd.[12]

References

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  1. ^ "Madhukar Parekh's Pidilite Industries Earns His Family $1.36 Billion". Forbes. Retrieved 2 March 2015.
  2. ^ "India's Richest List - Madhukar Parekh". Forbes. Retrieved 23 June 2019.
  3. ^ "The Best Global Brands 2014". Brand Channel. Archived from the original on 2 April 2015. Retrieved 2 March 2015.
  4. ^ "India's 100 Richest". India’s 100 Richest. 9 October 2024.
  5. ^ "Madhukar Parekh". Forbes. Retrieved 26 December 2020.
  6. ^ "Madhukar Parekh Of Pidilite Is Moving From Strength To Strength". Forbes. Archived from the original on 18 March 2022. Retrieved 2 March 2015.
  7. ^ "Can Pidilite Keep Blowing Its Trumpet?". Outlook Business. Archived from the original on 4 March 2016. Retrieved 2 March 2015.
  8. ^ "A tale of sticky success". The Hindu. Retrieved 2 March 2015.
  9. ^ "Long distance champs". Business Today. Retrieved 2 March 2015.
  10. ^ "Leadership & Excellence Awards". www.pidilite.com. Retrieved 2 March 2015.
  11. ^ "The winners of the Entrepreneur Of The Year 2014 awards". EY. Archived from the original on 16 November 2016. Retrieved 2 March 2015.
  12. ^ "Madhukar Balvantray Parekh". Bloomberg. Retrieved 2 March 2015.