Ajay Parekh

CEO, Pidilite Industries

Real-Time Net Worth

$2.3B

As of December 2025

Age

Source

Adhesives

Industry

manufacturing

Citizenship

Biography

Ajay Parekh, a prominent figure in the Indian manufacturing sector, is the non-executive vice chairman of Pidilite Industries, a leading adhesives and sealants company. With an estimated net worth of $2.3 billion, his wealth stems primarily from his stake in Pidilite, which was founded by his father in 1959. Parekh, 68, is known for his strategic leadership and contributions to the company's success. He is actively involved in philanthropy, supporting causes related to education and rule of law, and is a strong advocate for social impact investment.

Wealth Over Time

Portfolio Holdings

Pidilite Industries

Not Available•manufacturing

Not Available employees

Founded 1959

In-Depth Profile

Early Life

Ajay Balvantray Parekh, born in 1957, is the son of Balvant Parekh, who founded Pidilite Industries in 1959. Ajay holds a Bachelor's degree in Chemical Engineering and a Master's in Business Administration from the University of California, Berkeley.

Rise to Success

Ajay Parekh joined Pidilite Industries and played a key role in the company's growth. He currently serves as the non-executive vice chairman. Pidilite is the leading manufacturer of adhesives and sealants in India, known for its popular product Fevicol. His brother Madhukar Parekh is the chairman of Pidilite.

Key Business Strategies

Pidilite Industries has focused on innovation and strategic acquisitions to maintain its market leadership. A notable acquisition was the Indian subsidiary of U.S.-based Huntsman Group in 2020.

Philanthropy

Ajay Parekh actively engages in philanthropic activities, particularly in education and rule of law. He is interested in leveraging public policy and social impact investment to drive change.

Career Milestones

1959

Pidilite Industries Founded

Pidilite Industries, the foundation of Ajay Parekh's wealth, was established by his father.

1971

Joined Pidilite Industries

Began his career at the family business.

2020

Acquisition of Huntsman Group Subsidiary

Pidilite acquired the Indian subsidiary of the U.S.-based Huntsman Group.

Philanthropy & Social Impact

Social causes

Education and Rule of Law

Unknown

Active engagement in philanthropic activities in education and rule of law.