Ajay Piramal Journey to Becoming a Business Tycoon

Major Events Of Ajay Piramal’s Life

  • 1955: Ajay Piramal is born on August 3 in Rajasthan, India.
  • 1977: Piramal joins his family business, the Piramal Group.
  • 1984: Piramal becomes the Chairman of the Piramal Group, succeeding his father.
  • 1988: The Piramal Group expands its presence in the pharmaceutical sector by acquiring Nicholas Laboratories, a leading Indian pharma company.
  • 1990: Piramal becomes the President of the Associated Chambers of Commerce and Industry of India.
  • 1997: Piramal leads the sale of the Piramal Group’s textile business to Century Textiles.
  • 2006: The Piramal Group acquires the Indian operations of Rhodia Pharma Solutions, a leading global pharmaceutical company.
  • 2010: Piramal Healthcare sells its domestic formulation business to Abbott Laboratories for $3.72 billion, making it one of the largest deals in Indian corporate history.
  • 2011: Piramal Group enters the real estate sector with the acquisition of a prime property in Mumbai.
  • 2012: Piramal Foundation is established to promote sustainable development in rural India.
  • 2013: Piramal is named the Entrepreneur of the Year by Ernst & Young.
  • 2014: The Piramal Group acquires a 20% stake in Shriram Capital, a leading financial services company.
  • 2015: Piramal Group enters the information management sector by acquiring Decision Resources Group, a leading provider of research and analysis for the healthcare industry.
  • 2018: Piramal receives the Padma Shri, one of India’s highest civilian honors, for his contributions to the fields of business and philanthropy.

Ajay Piramal is a prominent figure in the Indian business world, known for his entrepreneurial spirit, strategic vision, and commitment to social causes. Overall, Ajay Piramal’s timeline is marked by his leadership of the Piramal Group, his expansion of the group into new sectors, and his commitment to philanthropy and sustainable development.