THE BUSINESS



Madhukar Balvantray Parekh is an Indian entrepreneur, Chairman of Pidilite Industries, a global company among the leaders in adhesives and sealants, construction chemicals, hobby colors. Madhukar is 16th richest Indian with a net worth of US$7.5 billion as of 2019. Madhukar serves as the chairman and managing director of Vinyl Chemicals India Limited, an Independent non executive director of Excel Industries Limited . Madhukar also serves as an Executive Director of Pidilite Industries and Vinyl Chemicals India Ltd.

Madhukar is married, have two children and lives in Mumbai India. Madhukar Parekh chairs Pidilite Industries, the country's leading maker of adhesives and sealants. Parekh and his family own 70% of the company, which was founded by his late father Balvant Parekh in 1959.Pidilite is best known for Fevicol, its iconic white glue popularized over the decades by clever advertising. More than half of the company's $858 million in revenue comes from adhesives and sealants.

Early Life

Madhukar born in the family of Banvantray Kalyanji Parekh in Jain Bania Family in Mumbai India. Madhukar completed Bachelor of Science in Engineering from the University Department of Chemical Technology of University of Mumbai and Masters in Chemical engineering from University of Wisconsin United States in 1969. Madhukar joined Abbot Laboratories USA after his masters degree. Madhukar Joined his father's business Pidilite Industries in 1971.

Awards & Recognitions

Pidilite Industries

Pidilite Industries Limited is an India-based adhesives manufacturing company.[3] It also sells art material, construction chemicals and other industrial chemicals.

Pidilite markets the Fevicol range of adhesives. Its other brands are FeviKwik, Dr. Fixit, Roff, Cyclo, Ranipal, Hobby Ideas, M-seal and Acron. Pidilite's corporate office is located in Andheri (East), Mumbai. The company has manufacturing facilities in India, including Mahad, (Maharashtra); Vapi, (Gujarat); Baddi and Kala Amb, both in (Himachal Pradesh). FeviKwik is a popular cyanoacrylate based instant adhesive in the Indian Subcontinent.