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Narendrakumar Parekh, at 87 years old, is a non-executive director of Pidilite Industries. His wealth stems from his involvement in the adhesives industry. He holds a minority stake in Pidilite, a leading manufacturer of adhesives and sealants in India. Parekh has dedicated his career to the manufacturing sector, contributing significantly to Pidilite's success alongside his family. His estimated net worth is $2.3 billion.
Narendrakumar Parekh was born in 1938. He is part of the Parekh family, who founded Pidilite Industries. His father Balvant Parekh founded Pidilite Industries in 1959.
Narendrakumar Parekh has been involved with Pidilite Industries, a major player in the adhesives and sealants market in India. He serves as a non-executive director and holds a minority stake in the company. His brother, Madhukar Parekh, is the Chairman, and his son, Apurva Parekh, is the Executive Vice Chairman of Pidilite.
Pidilite Industries is known for its iconic brand, Fevicol, and has focused on clever advertising to popularize its products. The company has also expanded its range to include construction chemicals, art materials, and organic pigments. Pidilite's success is attributed to its strong market position and brand recognition.
Narendrakumar Parekh's family has been involved in philanthropic activities. His brother, Balvant Parekh, supported the establishment of an Arts and Science college. The H T Parekh Foundation was established in 2012 to commemorate the birth centenary of Hasmukh Thakordas Parekh, the founder chairman of HDFC Limited. The foundation focuses on fostering climate-resilient urban environments, advancing children's libraries and literature, and supporting impactful projects.
Balvant Parekh founded Pidilite Industries, the company where Narendrakumar Parekh later became a non-executive director.
The H T Parekh Foundation focuses on fostering climate-resilient urban environments, advancing children's libraries & literature.
