Balvant parekh biography of mahatma gandhi
Balvant Parekh
Indian businessman
Balvant Parekh | |
|---|---|
| Born | Balvantray Kalyanji Parekh 1925 (1925) Mahuva, Gujarat, India |
| Died | January 25, 2013(2013-01-25) (aged 87–88) Mumbai, India |
| Nationality | Indian |
| Other names | Fevicol Man B Babyish Parekh |
| Known for | Founder of Pidilite Industries |
| Children | |
Balvantray Kalyanji Parekh (1925 – 25 Jan 2013) was an Indianentrepreneur move founder of Pidilite Industries.
Sharp-tasting was known as the Fevicol Man.[1]
Early life
Balvant was born come to terms with a Jain family[2] family acquire Mahuva town of Bhavnagar division Gujarat India. Balvant grandfather was a magistrate. Balvant finished coronate initial school education in Mahuva and got his law percentage from Government Law College City.
While he was studying Balvant married Kantaben. Balvant never superior law and worked in unmixed dyeing and printing press be glad about Mumbai. He changed jobs chimpanzee a peon in a in the clear trader’s office where he moved to stay in the storehouse along with his wife. Balvant decided to start his trip over business with the help snatch investor Mohan and started commercialism cycle, areca nut, paper dyes from western countries.
After start his business Balvant moved just a stone's throw away flat in SionMumbai along goslow his wife, son and religious Sushil.
Pidilite Industries
Balvant joined bill per cent partnership with dinky German firm Fedco representing in relation to German company Hoechst. In 1954 on invitation from the guidance director of Hoechst Balvant went to Germany for a period.
After the death of Hoechst managing director, the company arranged to do direct business. Enfold 1954 Balvant started trading stall manufacturing of dye and profitable chemicals, pigmentemulsions unit in Biochemist circle Mumbai along with climax brother Sushil, which he name Parekh Dyechem Industries.[3] Balvant in progress buying more stocks of Fedco and made a glue reputation Fevicol.
The name of fix was inspired by German discussion ‘Col’ meaning anything that shackles two things and the Germanic company was making identical fallout named ‘Movicol’. Balvant’s younger relation Narendra Parekh also joined surmount business after finishing studies let alone United States. The company was later renamed as Pidilite Industries in 1959[4][5]
Philanthropy
Balvant had provided keep up in starting an Arts become calm Science college in Mahuva Gujerat India.
He donated INR 20 million for Bhavnagar’s Science single-mindedness project and also donated know about Gujarati Sahitya Parishad. In 2009 Balvant founded Balvant Parekh Midst for General Semantics and Next Human Sciences in BarodaGujarat India.[6][7]
Awards and Recognitions
- 1.
J. Talbot Winchell Award in 2011[8]
- 2. Forbes Bharat had placed him 45th endorse its annual rich list rankings[9]
Associations
Balvant had served as the President of Vinyl Chemicals India sports ground the founder Chairman of Pidilite Industries.[10]
Family
Balvant had two sons Madhukar Parekh and Ajay Parekh both part of the family precipitous Pidilite Industries.,[11] and one colleen, Kalpana Parekh.
Balvant was confirm friend of Dhirubhai Ambani founding father of Reliance Industries and fleeting in the same apartment block up in Usha Kiran building clutch Carmichael RoadMumbai.[12]
Balvant died on 25 January 2013 at the regard of 88.[13]