Madhukar Parekh

Madhukar Parekh
Madhukar Parekh
Joshua Navalkar
At a Glance
  • Age
  • Earnings
    $ 3.1 Billion
  • Source of earnings
  • Marital Status
  • Children
  • Residence

Forbes India Lists

#26 India Rich List 2015

#34 India Rich List Rank 2014
#42 India Rich List Rank 2013

Second generation to run Pidilite Industries benefited from a 40% rise in its shares. The company reported higher profits despite slowdown partly due to lower raw-materials costs. Known for iconic brands Fevicol, M-seal and Dr. Fixit, Pidilite's diverse products include adhesives, art materials, waterproofing and construction chemicals. Father Balvant, who died in 2013, cofounded company in 1954 as a maker of specialty chemicals.
Fevicol's logo, depicting 2 elephants, was developed in the 1970s and hasn't changed since.

India Rich List 2015

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