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Balvant Parekh is an Indian entrepreneur and philanthropist. He is the founder of the Balvant Parekh Group, a conglomerate of companies in India and abroad. He is also the founder of the Balvant Parekh Foundation, a charitable trust that works to improve the lives of the underprivileged in India. Parekh was born in 1925 in Mahuva, Gujarat, India. He attended the University of Bombay, where he earned a degree in commerce. After graduating, he worked in the family business, a cotton trading firm. In the early 1960s, Parekh founded the Balvant Parekh Group, which has since grown to become one of the largest conglomerates in India. The group has interests in a variety of industries, including textiles, chemicals, engineering, and finance. Parekh is also the founder of the Balvant Parekh Foundation, a charitable trust that works to improve the lives of the underprivileged in India. The foundation has funded numerous projects, including the construction of schools, hospitals, and other infrastructure projects. Parekh has been honored with numerous awards, including the Padma Bhushan, one of India's highest civilian honors. He is also a member of the Indian Prime Minister's Council on Trade and Industry. At the age of 88, Parekh is still actively involved in the management of the Balvant Parekh Group and the Balvant Parekh Foundation. He is also a mentor to many young entrepreneurs in India.

Popular As Balvantray Kalyanji Parekh
Occupation N/A
Age 88 years old
Zodiac Sign
Born 1925
Birthday 1925
Birthplace Mahuva, Gujarat, India
Date of death (2013-01-25) Mumbai, India
Died Place Mumbai, India
Nationality India

We recommend you to check the complete list of Famous People born on 1925. He is a member of famous Founder with the age 88 years old group.

Balvant Parekh Height, Weight & Measurements

At 88 years old, Balvant Parekh height not available right now. We will update Balvant Parekh's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Madhukar Parekh Ajay Parekh

Balvant Parekh Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Balvant Parekh worth at the age of 88 years old? Balvant Parekh’s income source is mostly from being a successful Founder. He is from India. We have estimated Balvant Parekh's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Founder

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Timeline

2013

Balvantray Kalyanji Parekh (1925 – 25 January 2013) was an Indian entrepreneur and founder of Pidilite Industries. He was known as "India’s Fevicol Man".

2009

Balvant had provided support in starting an Arts and Science college in Mahuva Gujarat India. He donated INR 20 million for Bhavnagar’s Science city project and also donated to Gujarati Sahitya Parishad. In 2009 Balvant founded Balvant Parekh Centre for General Semantics and Other Human Sciences in Baroda Gujarat India.

1954

Balvant joined fifty percent partnership with a German firm Fedco representing another German company Hoechst. In 1954 on invitation from the managing director of Hoechst Balvant went to Germany for a month. After the death of Hoechst managing director, company decided to do direct business. In 1954 Balvant started trading and manufacturing of dye and industrial chemicals, pigment emulsions unit in Jacob circle Mumbai along with his brother Sushil, which he named Parekh Dyechem Industries. Balvant started buying more stocks of Fedco and made a glue name Favicol. 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’. Balvant’s younger brother Narendra Parekh also joined his business after finishing studies from United States. The company was later renamed as Pidilite Industries in 1959