Ajay Piramal is one of India’s most influential figures because of his leadership of the Piramal Group, a diversified international business conglomerate with a robust presence in over 100 countries across several sectors including life sciences, healthcare services including information management, drug discovery, financial services, real estate development, and specialty glass packaging. He was the genius behind its phenomenal growth from a small textile-centered business to a multibillion global conglomerate.
Today, the Piramal Group has 4 key companies, namely:
• Piramal Enterprises, the largest company engaged in business verticals including information management, life sciences, financial services, and healthcare. It is listed at the National Stock Exchange and Bombay Stock Exchange as well as ranked as among India’s top 50 largest corporations.
• Piramal Glass, the group’s company focused on the production of glass packaging solutions for the cosmetics and perfumery, food and beverages, and pharmaceuticals industries. Its manufacturing facilities are located in India, Sri Lanka, and the United States.
• Piramal Realty, the company with real estate development ventures. It is the builder of Cross Roads, India’s first mall located at South Mumbai.
• Piramal Foundation, the private philanthropic foundation engaged in various projects including the Piramal Swasthya, a helpline for health information; Sarvajal, a project providing clean water via solar power; and Pratham, a project dedicated to educational services for the underprivileged children across India, among others.
Ajay Piramal also sits on the board of directors of various companies including Piramal Life Sciences Limited, Piramal Enterprises Ltd, Piramal Glass Ltd, Indiareit Fund Advisors Pvt Ltd, IndiaVenture Advisors Pvt Ltd, Allergan India Limited, and Piramal Sunteck Realty Pvt Ltd. He is also the chairman of Pratham, one of India’s largest non-governmental education-focused organizations; Pratham reaches out to over 33 million children through its various campaigns including Read India.
For his notable contributions, Piramal has been awarded with the 1999 CEO of the Year Award by World Strategy Forum; the 2004 Ernst & Young’s Entrepreneur of the Year for the Healthcare & Life Sciences category; and the India Innovator of the Year 2008 by CNBC TV, among others.