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Billionaire Profile
Ajay Parekh
Global Rank
#1889

Image: Speaker: Sergey Nikolaev V. Authors of the article | CC BY-SA 3.0 | via Wikimedia Commons

Ajay Parekh

CEO, Adhesives
INDIA
Real-Time Net Worth
$2.196B
Estimated based on Adhesives stock value as of March 6, 2026
+0.95% (24h)
Age
68
Source
Adhesives
Industry
Manufacturing
Citizenship
INDIA

Biography

Ajay Parekh, aged 68, is a prominent figure in the Indian manufacturing industry, best known for his role as the non-executive vice chairman of Pidilite Industries. He derives his wealth from the adhesives sector, particularly the iconic 'Fevicol' brand. Ajay holds a significant stake in Pidilite, a company founded by his father, Balvant Parekh. His career reflects a deep understanding of the consumer and specialties chemicals market, with a focus on innovation and strategic growth. He is an Executive Director at Pidilite Industries.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Ajay Parekh was born in 1956. He holds a Bachelor's in Chemical Engineering and an MBA from the University of California, Berkeley.

Rise to Success

Ajay Parekh's journey to success is closely tied to Pidilite Industries, a company founded by his father, Balvant Parekh, in 1959. He holds a minority stake in Pidilite, which is India's leading maker of adhesives and sealants. His career at Pidilite, where he is currently the non-executive vice chairman, has been marked by his strategic vision and contribution to the company's growth. The company is best known for its iconic white glue, Fevicol.

Key Business Strategies

Pidilite Industries has expanded its product range to include construction chemicals, art materials, and organic pigments. Ajay's strategic involvement in the company has been key to its success. In 2020, Pidilite acquired the Indian subsidiary of the U.S.-based Huntsman Group for $290 million.

Philanthropy

Information on Ajay Parekh's specific philanthropic endeavors is limited in the search results. However, the search results do not mention any specific philanthropy amounts.

Career Milestones

1959

Pidilite Industries Founded

Pidilite Industries was founded by Balvant Parekh.

1979

PG

Completed his Masters in Business Administration from the University of California, Berkeley.

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