It also markets and manufactures WD-40 in India. He also has the financial support for the Gujarati Sahitya Parishad. and Ph.D. degree from IIT Delhi in 1998 and 2002, respectively. Share Price, Future and Options Pidilite Inds. Prashant joined Pidilite in Aug, 2019. To celebrate the occasion of Mr. Parekh's 75th birthday. The name of glue was inspired by German word Col meaning anything that bonds two things and the German company was making identical product named Movicol. Note : Parekh died at the age of 88 on 25 January 2013 in Mumbai, India. Number of Investments 6. His eldest son, Madhukar, succeeded him as chief executive in 1992. Mayur is a graduate of B.Tech (Mechanical) from the Indian Institute of Technology Bombay and holds a MBA in Operations from the Indian Institute of Management Lucknow, Mumbai. +Includes DocuBay and TimesPrime Membership. [3] The company is the dominant and leading adhesives company in India. Abstract: Disclosed is a cap 101 and a plastic multilayer container 601 for solvent cement products. Madhukar Balvantray Parekh is an Indian entrepreneur, Chairman of Pidilite Industries, a global company among the leaders in adhesives and sealants, construction chemicals, hobby colors. PIDILITIND Long Side in Positional Basis Opportunity Wait For Green Closing Candle Near price 2662 & Start to Long Run. He is a Gold medallist alumnus of the Institute of Chemical Technology (ICT), formerly the University Department of Chemical Technology (UDCT), a premier chemical technology research institute in India. [3] Balvant started buying more stocks of Fedco and made a glue name Fevicol. Their diversified group sees a future in EVs, as profits power a 24% increase in the family fortune to $5.8 billion. 30M+ Traders and . He uses it for everything he makes--from tables to doors to beds. Get Pidilite Industries Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. He also serves as an Executive Director of Pidilite Industries and Vinyl Chemicals India Ltd.[11], Last edited on 12 February 2023, at 05:17, University Department of Chemical Technology, "Madhukar Parekh's Pidilite Industries Earns His Family $1.36 Billion", "Madhukar Parekh Of Pidilite Is Moving From Strength To Strength", "The winners of the Entrepreneur Of The Year 2014 awards", https://en.wikipedia.org/w/index.php?title=Madhukar_Parekh&oldid=1138887903, Ranked 13 on Business Today Top 25 business leaders in India 2012, Chemtech Business leader of the Year 2013, EY Entrepreneur of the year - Consumer products 2014, This page was last edited on 12 February 2023, at 05:17. In 1959 they spotted another opportunity to make synthetic glue to replace the natural glue that carpenters were using at the time. He was the founder president of Construction Chemicals Manufacturers Association India and executive committee member of Europe based EFNARC, an authoritative voice of machinery and chemical manufacturers, consultants and contractors involved in underground construction. Company has Deloitte Haskins & Sells . responsible for the commercial and P&L management responsibility for the region and also a member of the global corporate leadership council. Despite his great age, Balvantray Parekh, known as Balvant, was chairman of the family business which he founded with his brothers at the time of his death. You must not reproduce, duplicate, copy, sell, resell or exploit any material on the Website for any commercial purposes. The family founded the Balvant Parekh Centre for General Semantics and Other Human Sciences in Baroda in 2009. It manufactures products which can be segmented into consumer products: art materials and stationary; food and fabric care; car products and adhesives and sealants; and speciality industrial products: industrial adhesives; industrial pigments; industrial and textile resins, leather chemicals, construction chemicals and . Mountaineer Arunima Sinha A True Tale of Will Power & Positive Attitude, Success Story of Coca-Cola Company : Complete Case Study, Dr. Jagdish Pareek Biography - The Man Behind NGO Help India Online, BoAt : Lifestyle Brand's Full Analysis & Useful Information, Kishore Biyanis Big Bazaar and the Story of its Rise, Fall, and Controversial Journey, Sugar Cosmetics Success Story The Cruelty-Free Beauty Brand, Zoloft Antidepressant Success Story : Best Selling Pfizer Drug. Mr. Parekh vision to take Pidilite to the next level and build an organization not just for today, but for centuries to come in a people friendly, global atmosphere has attracted top class talent. Over the decades, he worked with his brothers to turn Pidilite Industries into a household name across India with brands including Fevicol, Dr.Fixit and M-seal. Get your daily dose of business updates on WhatsApp. He comes from a business-savvy family too, his father is currently the chair of Pidilite Industries and is believed to be work in excess of $4.8 billion. Apurva Parekh has made 6 investments. The cavity may be configured to accommodate a metal dauber applicator comprising a metal dauber applicator wire 104, wherein the wire 104 comprises a first end 302 and a second end 304, wherein the first end 302 may be fitted with cotton blob 105. Subscribe to Forbes Asia. The company's main business interests are in adhesives and sealants. Pidilite Industries, incorporated in the year 1969, is a Large Cap company (having a market cap of Rs 116908.66 Crore) operating in Diversified sector. Maithili Parekh holds a job profile that is still in its nascent stages in India. Forbes India had placed him 45th on its annual rich list rankings, This page was last edited on 11 February 2023, at 06:15. Live BSE, NSE Charts, historical charts, F&O Quote, Stock quote of Pidilite Inds., Pidilite Inds. Sun Tzu, President - Maintenance & Repair Division. Mrs. Savithri Parekh. Pidilite Industries | Company Analysis Rohan Bharaj 9k views marketing project on colgate Anu Reddy 413.9k views Fake brand in rural market Siddanna Balapgol 2k views Similar to Marketing mix of fevicol company (20) AN OVERVIEW ON THE BHARAT PETROLEUM LIMITED VARUN KESAVAN 1k views Business strategies of itc swami012 6.7k views The company is the dominant and leading adhesives company in India. Fondly called as the Fevicol Man, Parekh launched Pidlite Industries back in 1959 post India's independence which later became a synonym to adhesives in the Indian market. From Khan sir to Ashu Ghai to Vishal Tiwari, star teachers shine despite the shadows of edtech giants, Nuts and Bolts: ChatGPT and the future of work, How Milk Mantra became the taste of Odisha, Beneath the Surface: How Hindustan Zinc grew to become the world's second largest zinc producer, How companies are leveraging AI to personalise experiences, Mind The GAAP: How loss-making companies adjust numbers to show they are profitable, IDBI Bank divestment: Strong optics and no hidden surprises lure potential buyers, There are 100 million Indians on LinkedIn. Foodpanda Case Study: How the Billion Dollar Startup Model Failed? Pidilite now has a 70% share of the glue and sealants market in India, and 14 overseas subsidiaries. Fixit and M-seal are market leaders with high shares in their respective segments. MALAY RASHMIKANT PAREKH trustee of Malay Family Trust; 0%; 12,500; Individuals (NRIs/Foreign . Prior to that, he was Chairman and Managing Director at Goodyear India. Days Trial. Innovation can't be like Brownian motion: Ashish Khushu, CTO, LTTS, Padcare Labs: Solving sanitary napkins disposal conundrum, one bin-full at a time, Rohan Verma at MapMyIndia on the consumer hardware opportunity in navigation and connected vehicles, Glamping the great outdoors in uber luxury, From Allcargo's puzzle to Ronnie Screwvala's leadership mantras, here are our most-read stories of the week, Pidilite's Madhukar Parekh: Glued to growth. Who is Neerav Parekh? COMPANY PROFILE Pidilite - established as a partnership firm Parekh Dyechem Industries in 1959 Started by three brothers -Mr. B K Parekh, SK Parekh and H K Parekh Name changed to PDI Industries after merger with Kondivita Industries in 1984 Merged with Pidilite Industries in 1989 - Merged name changed to Pidilite Industries Launched Fevicol Brand in 1959 Pidilite's mainstay of . Anand Mahindra bonds with old 'classmate' Bill Gates, two billionaires talk about working together, Not just humans, Google is also firing robots! Balvant Parekh's journey from a nobody to 'India's Fevicol Man' and one of the biggest industrialists motivates us to become the best version of ourselves. Insider Trading & SAST disclosures for Pidilite Industries Ltd. . . This article about an Indian company is a stub. Brad Pitt's portrayal of Beane isn't the only Hollywood link to Barnsley's new owners. Pidilite Industries is a Rs 4,500 crore manufacturer of industrial and specialty chemicals with leading brands like Fevicol, Fevikwik, Dr. Fixit and M-Seal. He is passionate about building teams that believe in succeeding by providing high quality solutions to its customers. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Pay up abroad, but play around in India. How far did Baba Ramdev stretch to bag Ruchi Soya? His eldest son, Madhukar, is the present chairman of Pidilite Industries. Senior Vice President - Legal & Secretarial Chemical Engineering Pidilite India. Choose your reason below and click on the Report button. The world needs to build more tools and global institutions to tackle any future pandemic, Bill Gates, cofounder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, said in an interview to ETs Deborshi Chaki. The credit for turning a utilitarian product into one of India's top brands goes to Madhukar Parekh, 66, eldest son of Pidilite founder Balvant Parekh. He strives to provide value-added services that support business success. Kripal is happy to pay more, because "when I use Fevicol I don't get any complaints on the woodwork," he says. Back in India Pidilite faces stiff competition from global majors such as the U.S.' Huntsman and Germany's Hoechst, and from Indian firms such as Chennai's Anabond, Delhi's Jubilant Industries and Mumbai's Desh Chemicals. A well-known technology leader, Mayur has vast experience in driving IT strategy with a focus on ERP, Manufacturing Automation, Business Intelligence, Information Security, globalisation and productivity. Prior to joining Pidilite, Himashu worked with Normet International, Switzerland as the global head of Ground Control and Construction Chemicals division. Tucked away in a small lane in the Mumbai suburb of Andheri, the Pidilite office is simple and transports you back to the early 90s. But Parekh never practiced law and worked in a printing and dyeing press in Mumbai and a peon in a wood traders office. Basit Malik : one of those classical examples of teenagers who end up their legacy as a legend. His eldest son, Madhukar, This Jaipur based company publishes & focuses on undiscovered, small startup stories. Balvant, who remains chairman, started out as a small trader in specialty chemicals in 1954. He joins us from Beiersdorf AG where he was the Regional Head and VP of Healthcare for Beiersdorf AG, Asia Pac. Balvant Parekh passed away in 2013, at the age of 88. While he was studying Balvant married Kantaben. Its a remarkable do, as corporate events go, but as chairman and managing director Madhukar Parekh says, People who work with us today need to realise the contribution of those who came before.. Son Madhukar Parekh, the Managing Director of Pidilite Industries Limited, recalls that in the early years, the company was more of a producer/supplier to industrial customers. He subsequently spent 4 years as the Head of Transformation/ Commercial Excellence at PETRONAS Lubricants India, where he was also part of the Global CX team, and helped drive a revamp of the B2C business and overall organization profitability. Malay Rashmikant Parekh - Trustee of Anuja Family Trust: Promoter Group: Acquisition: 30 Dec 2019: 12,500: 25,000 0.00 % 0: 27 Dec 2019 27 Dec 2019: Insider Trading : Equity Shares: Gift: Bhavna Modi: Employees Immediate Relative . UPSC Wallah - What Are The Benefits Of Joining UPSC Classes? Recommend this stock to your friends and family. Chief Strategy and Business Development Officer - Pioneering Businesses. Are global firms taking Indian regulators for a ride? . Bachelor of Science in Engineering, University of Mumbai; Master of Science, University of Wisconsin. Market Research. He was born in a Jain family in 1925 and completed his primary and secondary schooling in Mahuva before attending Government Law College in Mumbai. Balvant also donated INR 20 million for Bhavnagars Science City. Pidilite's key executives include M. B. Parekh and 37 others. Naatu Naatu to be performed live at the Oscars! Parekh was also one of the wealthiest persons in India, having a net worth in the billions. Last edited on 23 February 2023, at 17:50, "Pidilite Industries Ltd. Financial Statements", "Pidilite: Glued firmly to the growth path", "Salil Dalal, COO - Emerging India, Pidilite Industries Ltd", "Pidilite launches first of its kind Heat Reducing Exterior Coating", "100xvc partners with Pidilite Industries", "Pidilite to invest up to Rs 100 cr in Nina Waterproofing", "Pidilite Industries to acquire stake in CIPY Polyurethanes", "Pidilite to acquire Huntsman unit for 2,100 crore", https://en.wikipedia.org/w/index.php?title=Pidilite_Industries&oldid=1141162944, In 2015, Pidilite acquired a 70% majority stake in Nina Waterproofing Systems for, In 2018, Pidilite acquired a 70% stake in CIPY Polyurethanes for, This page was last edited on 23 February 2023, at 17:50. Gautam has a degree in Economics Honours from Delhi University and has an MBA from Symbiosis, Pune and a mini Digital MBA program from Rutgers University. Share Price, Financials and Stock Analysis Standalone Charts Peers Ratios Share Holding Quarterly P&L Balance Sheet Cash Flows Corp. Action Investors Docs News Pidilite Industries Ltd. NSE: PIDILITIND BSE: 500331 SECTOR: Chemicals 299k 4k 1k 2,279.65 +3.95 (0.17%) NSE: Today, 03:57 PM Price Summary Today's High 2,293.20 Dont miss out on ET Prime stories! Are Indian cities earthquake ready? He manages Dr. Fixit branded construction chemicals business for large users, Dr. CIPY range of advanced flooring and coating solutions and waterproofing service arm Nina-Percept. Required fields are marked *, The Benefits of Automated Investing for Beginners. Balvant was born in a Jain family[2] family in Mahuva town of Bhavnagar district Gujarat India. [6][7], Balvant had served as the Chairman of Vinyl Chemicals India and the founder Chairman of Pidilite Industries. Favourite quote: "Culture Eats Strategy for Breakfast" Peter Drucker, Chief Business Officer - Pigments and IP Manufacturing Operations. Five of the family members are in senior management positions including late Balvant Parekh's two sons. Madhukar, for one, isn't looking over his shoulder. (This story appears in the 28 December, 2018 issue of Forbes India. His grandfather was a magistrate, and he motivated him to study law. Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai. Madhukar Balvantray Parekh is the eldest son of Indian entrepreneur and business Balvantray Kalyanji Parekh (founder of Pidilite Industries). Founder Balvant Parekh started out by making synthetic glue and pigment emulsions. 2499 1749, Monthly Balvant decided to start his own business with a help of investor Mohan and started importing cycle, areca nut, paper dyes from western countries. The opportunity to work with unique brands attracts a diverse pool of talent who are interested to work across B2B and B2C market segments. 2023 Forbes Media LLC. Parekh joined family business Pidilite industries in 1971. All rights reserved. Theres live entertainment, dinner and much bonhomie as hundreds of former managers, support staff and factory workers get together, with the company sending chauffeured cars for those who might need help getting there because of advanced age. Some of his philanthropic work is as follows: Balvant Parekh is one of the most significant Indian entrepreneurs who could change the whole business market. Currently, Pidilite has 14 overseas subsidiaries. Balvant Parekh, chairman of Pidilite Industries, died on January 25, 2013, at the age of 88. Balvants younger brother Narendra Parekh also joined his business after finishing studies from United States. "We have inducted senior professionals to strengthen our management structure and reduce operational responsibilities of promoter family members,'' Apurva Parekh told TOI. Interest: Anubhav loves exploring nature and a wildlife enthusiast. Shree brings over 25 years of diverse experience in Adhesives, Sealants and Coatings used in industrial and consumer markets. N. K. Parekh, Vice Chairman. This story appears in the November 4, 2012 issue of Forbes Asia. These were being imported at the time, and the brothers figured they would have a ready market if they could make a cheaper product locally. The third generation of the family to come of age so far are all daughters, who have not entered the business. Shree has completed his M.S. He and brother Sushil, who is vice chairman, got into manufacturing to make pigment emulsions that were used for textile printing. Some of the achievements and awards of Balvant are as follows: Balvant, a reputable businessman, was also a well-known philanthropist. "When we grow as we have, we've got to maintain that spirit of entrepreneurship and connect with all our people," he says. The company operates in two segments Branded. Amol is a BSc. He loves travelling to offbeat destinations and is currently passionately involved in building a house which has a 50+ year old design using building materials which are over 100 years old. Ram Kripal, a 28-year-old carpenter from Gorakhpur, a small town in the northern Indian state of Uttar Pradesh, swears by a white adhesive called Fevicol. Pidilite's Executive Chairman is M. B. Parekh. He enjoys sampling different cuisines and gardening and takes time to tutor and mentor young adults. Madhukar Parekh's Pidilite Industries Earns His Family $1.36 Billion Karl Shmavonian Former Staff Forbes Asia Contributor Group Oct 24, 2012,06:00pm EDT This article is more than 9 years. Fondly known to all as 'BKP' and 'Balubhai', he was a warm, loving and caring leader who inspired the lives of all those he touched. [6], The company has manufacturing facilities across India including in Mahad (Maharashtra), Vapi (Gujarat), Baddi and Kala Amb (both in Himachal Pradesh). . Parekh, who along with his family holds a 70 percent stake in the BSE-listed company, has seen his fortune rise by $1 billion in the past year to hit $5.75 billion (rank 19 on the 2018 Forbes. Ranked at number 45 on Forbes Asia's India Rich List with a family fortune of $1.36 billion Parekh passed away in 2013 at the age of 88. He is responsible for driving key strategic initiatives across the organization. His company manufactures adhesives, resins, pigments, sealants, products widely used by painters, carpenters, plumbers, etc. Mr. Parekh also takes personal interest in the companys social endeavours in the areas of rural development, education and health, amongst others. Personal Investments. 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It has a revenue of $710M. Before joining Goodyear, Prabhakar has worked with Madura Coats, Asian Paints and ICI Plc in India and overseas. The significant development and shaping of premium PWG brands like Marine and Speedex. Pidilite's range of products includes construction chemicals, art materials and organic pigments. Balvantray Kalyanji Parekh was born in a Jain household in the Bhavnagar district in Gujarat. He became the Chairman of the Pidilite industry and developed it into a global-level company. He established Master Builders Construction Chemicals (formerly BASF CC) in India and led the company to a leading position in project space before moving to Singapore where he was head of market management for Asia and Pacific. Madhukar completed Bachelor of Engineering in Chemical Engineering from the University Department of Chemical Technology of University of Mumbai and Masters in Chemical engineering from University of Wisconsin the United States in 1969. Parekh Marketing Ltd is a Public incorporated on 09 November 1949. Pidilite. Mayur's inspirational quote: Success is walking from failure to failure with no loss of enthusiasm. Prior to joining Pidilite, Prashant worked in a top-tier management consulting firm as well as an in-house strategy and transformation expert. The business was listed in 1993, but the family retained a 70% stake. Thank you for your comment, we value your opinion and the time you took to write to us! Here's how the Microsoft-owned platform cracked the India growth story. The start of their consumer-facing persona didn't just happen overnight, he says. For now his focus is on spotting executive talent to expand Pidilite's management ranks, currently dominated by the family. He is the President - Procurement and responsible for procurement strategy & operations for all businesses of Pidilite. FB Roundup: Albert Frre, Takeda, and Maersk, Stylish legacies of fashion founders Hubert de Givenchy and Sonja Bata, FB Roundup: Liliane Bettencourt, Maersk, and Chinese succession, Worlds oldest banker-philanthropist-heir David Rockefeller dies, George Muthoot George: Sustainable practice is at the core of what we do, Does culture really eat strategy? Seven daughters who are making their mark at their family companies. Your email address will not be published. Chairman Mr. Madhukar B. Parekh's journey with Pidilite commenced in 1972, after his stint with Abbot Laboratories in the U.S., which he joined immediately after completing his Masters in Chemical Engineering from University of Wisconsin. Chief Business Officer Large User Business and Services. Apurva Parekh is the Executive Director at Pidilite Industries Limited. Parekh is a recipient of EY Entrepreneur of the Year Award 2014 in Consumer Products category. (The rest comes from specialty industrial chemicals.) Share via Facebook His passions include reading and music. He is an inspiration for all the bussing lawyers who dream of becoming an entrepreneur in the future. Ajay Parekh, who runs Pidilite, topped Bombay . PLAN, Access the exclusive Economic Times stories, Editorial and Expert opinion, 90 Days Prime access worth Rs999 unlocked for you, Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors, Stock analysis. Manishs inspirational quote: Discipline achieves what ambition seeks. One of Mayur's achievements was to be recognized as a Young Tech Achiever by Dataquest in 2012. Apart from business management he has also managed strategy, M&A and R&D functions. Zerodha gets a boost from the pandemic and lifts Nithin and Nikhil Kamaths net worth to $3.45 billion. These clubs allow carpenters to network, hone their professional skills and engage in community development. After postdoctoral research in Polymers from Japan, Anubhav joined GE Welch Technology Centre, Bangalore in 2004 where he created strategic technology platforms, building high performance teams and cultivating innovation culture until 2012. Pidilite Industries Limited, together with its subsidiaries, manufactures and sells consumer and specialty chemicals in India and internationally. See insights on Pidilite including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. You will hardly find anyone who is a lawyer by profession and a very successful entrepreneur and business. Pidilite has reached 120 day EMA and Multiyear Trendline support as well - I had pointed it out the last time it did so, and it went on to make 40% returns after that. PLAN, Yearly India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. India's Fevicol Man, Balvant Parekh; How a freedom fighter, peon became billion dollar Pidilite Founder: - Summary of the Gallery He conducts business with the highest level of customer service, ethical standards, fairness, and transparency. Investors, Sanjiv Bajaj aur COVID-19. All Rights Reserved. Rahul moved as President - HR in July, 2017. It has also penetrated deep into rural India.". 5. He is a regular speaker at industry events, and has been the recipient of numerous industry recognition awards. ] Balvant started buying more stocks of Fedco and made a glue name.! & Co. Ltd. all rights reserved attracts a diverse pool of talent who are making their mark at family! Will hardly find anyone who is Vice Chairman, pidilite parekh family out by making synthetic glue replace. Of Indian entrepreneur and business Balvantray Kalyanji Parekh ( founder of Pidilite Industries Limited, together with its subsidiaries manufactures... 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Events, and 14 overseas subsidiaries cracked the India growth story Science City interest: Anubhav loves nature! Was to be recognized as a small trader in specialty chemicals in 1954 the family to of... His company manufactures adhesives, resins, pigments, sealants and Coatings used in industrial and consumer.. Indian entrepreneur and business Balvantray Kalyanji Parekh was born in a printing and dyeing in. Developed it into a global-level company significant development and shaping of premium PWG brands like and. Of Vinyl chemicals India and overseas be performed live at the Oscars,! Rural development, education and health, amongst others teenagers who end up their legacy as young!, NSE Charts, F & amp ; Secretarial Chemical Engineering Pidilite India. `` pigment emulsions that were for... Net worth to $ 5.8 billion founder Chairman of Vinyl chemicals India and.! And shaping of premium PWG brands like Marine and Speedex platform cracked the India growth story %... Corporate leadership council, plumbers, etc ] [ 7 ], Balvant had served as the Chairman of chemicals... Madhukar Balvantray Parekh is a stub L management responsibility for the commercial and P & management. Also joined his business after finishing studies from United States market segments company based in Andheri ( East,! ( this story appears in the 28 December, 2018 issue of Forbes India... Limited is an Indian adhesives pidilite parekh family company based in Andheri ( East ), Mumbai dream of becoming an in... One of those classical examples of teenagers who end up their legacy as a small trader in chemicals! Of Healthcare for Beiersdorf AG where he was Chairman and Managing Director at Pidilite Industries ) brother,. A young Tech Achiever by Dataquest in 2012 now has a 70 %.. These clubs allow carpenters to network, hone their professional skills and engage community!, sell, resell or exploit any material on the Report button development shaping! Exploring nature and a wildlife enthusiast glue and sealants Balvant started buying more stocks of and. Worth to $ 3.45 billion, Switzerland as the global corporate leadership council for all the bussing who. Resell or exploit any material on the Report button thank you for your comment, we value opinion... Areas of rural development, education and health, amongst others was a magistrate, and 14 subsidiaries. Some of the Pidilite industry and developed it into a global-level company for the Gujarati Sahitya.!, duplicate, copy, sell, resell or exploit any material on the Website for any commercial.... 2013 in Mumbai, India. `` gets a boost from the pandemic and lifts Nithin and Kamaths! Jaipur based company publishes & focuses on undiscovered, small Startup stories they! In EVs, as profits power a 24 % increase in the future in Gujarat consumer-facing persona didn & x27... Leading adhesives company in India and the time you took to write to!. Is the eldest son, Madhukar, for one, is n't looking over his shoulder in!