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Kalpana Parekh is a 72-year-old Indian businesswoman, recognized for her minority stake in Pidilite Industries, a leading manufacturer of adhesives and sealants. Her wealth source is adhesives, and her career began with her father, Balvant Parekh, the founder of Pidilite Industries. As of 2024, her estimated net worth is $1.1 billion. She is also involved in various director roles within different companies, showcasing a broad background in corporate governance.
Kalpana Parekh is the daughter of Balvant Parekh, the founder of Pidilite Industries, a company known for its adhesive products. She was raised in a family that instilled in her a deep understanding of business and the importance of innovation.
Kalpana Parekh holds a minority stake in Pidilite Industries, which has significantly contributed to her wealth. Her brother, Madhukar Parekh, is the chairman of the company. Pidilite has become a leading manufacturer in the adhesive industry, producing various products like Fevicol.
The success of Pidilite Industries can be attributed to various factors, including its strong brand presence, effective marketing strategies, and a diverse product range. Her family’s strategic vision and commitment to quality have been pivotal to the company’s growth and market leadership.
While specific philanthropy amounts are unavailable, Kalpana Parekh is part of the Parekh family known for its support of education and medical research. (See the Parekh Family Foundation)
Kalpana Parekh's father founded Pidilite Industries, which later became a key source of her wealth.
The Parekh family supports education, medical research, and missionary aid.
