Education
University of Mumbai. Jamnalal Bajaj Institute of Management Studies.
University of Mumbai. Jamnalal Bajaj Institute of Management Studies.
In 2010, Forbes estimated his Netto worth to be United States $1.0 Billion making him one of India’s Top 50 richest people. He leads the Piramal Group, a diversified conglomerate with a presence across 100 countries. Under his leadership the Piramal Group evolved from a textile centric business to a United States dollar 2 billion conglomerate with diversified business interests across pharmaceuticals, packaging, financial services and real estate.
In 1988, he bought Nicholas Laboratories, an Australian multinational corporation.
The company is now ranked in one of top 10 pharma companies, having made a string of overseas acquisitions like the Indian subsidiaries of Roche, Boehringer Mannheim, Rhone Poulenc, Imperial Chemical Industries and Hoechst Research Centre. India's first major shopping mall, Crossroads was developed from three redundant Piramal factory buildings in Mumbai.
Ajay Piramal led Piramal Enterprises Limited agreed to buy a 5.5% stake in Vodafone India for Rs. Piramal sits on the board of Directors of Piramal Enterprises Limited, Piramal Life Sciences Limited, Piramal Glass Limited., Allergan India Limited, Indiareit Fund Advisors Pvt Limited., IndiaVenture Advisors Pvt Limited. and Piramal Sunteck Realty Pvt Limited.
He is Chairman of Pratham, which is the largest non-governmental organisation in the education sector in India, and reaches out to 33 million children through its "Read India" campaign.
Member, Honorary’ble Prime Minister’s Task Force on Pharmaceuticals & Knowledge-Based Industries constituted by the Government of India. Member, Honorary’ble Prime Minister"s Council for Trade & Industry. Member, Board of Trade Constituted by the Ministry of Commerce.
Member, Central board of directors of State Bank of India – India"s largest commercial bank and is included in the "Fortune 500" companies.
Mr. Piramal has been attending the Annual Meeting of World Economic Forum in Davos (Switzerland) by invitation over the last one decade. He has often addressed at the WEF on various topics.
Former Chairman of the Drugs and Pharmaceutical Council of CII. (2004 to 2009) “Chief Executive Officer of the Year Award” by World Strategy Forum in 1999. Rotary International (District 3140) Certificate of Appreciation and “Four Way Test Award” in 2001.
Piramal holds Bachelor of Science (Honours), Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies and Advanced Management Programme from Harvard Business School, United States of America. He is an honours graduate in Science from Bombay University.
In his spare time, Piramal likes to indulge in his passion for wildlife photography. He has also co-authored "Light has come to me", a book about management lessons inspired from The Bhagwad Gita, published by the Times Group. He has also written a dance opera, ‘The Dance of Life’, which pre¬miered in Mumbai in 2004, with stories inspired by the history of Indian science starring Mrinalini Sarabhai and Mallika Sarabhai.
He was a Member of the World Economic Forum"s Governors’ Forum on Healthcare. Member of National Council of Confederation of Indian Industry (CII), which is one of the largest industry associations in India.