- LATEST
- WEBSTORY
- TRENDING
BUSINESS
Meet man who worked as peon, lived in factory basement, then built Rs 145000 crore company, he was famous as India’s...
Balvant Parekh also known as Balvantray Kalyanji Parekh, was born in Mahuva, Gujarat. During the freedom movement, Parekh, as the country's youth, also participated in the struggle for freedom before deciding to study law.
Updated : Aug 28, 2024, 05:51 PM IST
 "Meet man who worked as peon, lived in factory basement, then built Rs 145000 crore company, he was famous as India’s...")
TRENDING NOW
)
AR Rahman, Saira Banu's daughter Raheema opens up on parents' divorce being linked to Mohini Dey: 'Always remember...'
)
Riddhima Kapoor Sahni reveals Rishi Kapoor's last two wishes: 'He wanted to see Ranbir Kapoor getting...'
)
Sana Khan, former Bigg Boss contestant, actress announces 2nd pregnancy with Anas Saiyad: 'Only Allah has power to..'
)
'Good to be back': After breaking up with Malaika Arora, Arjun Kapoor reunites with his 'partner-in-crime after ages'
)
'Your dance lightens up...': Little girl's dance on 'Tere Bina na Guzara E' steals hearts online, WATCH viral video
)
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan tells Amitabh Bachchan: 'I hope people don't...'
)
This Pakistani Influencer's private video leaked online, days after Minahil Malik and Insha Rehman's clips
)
After breakup with Malaika Arora, Arjun Kapoor dedicates his new tattoo to this special person in his life
)
32-year-old superstar forcibly kissed 15-year-old co-star; left her traumatised, crying; later laughed about it saying..
)
Shillong Teer Results TODAY November 22, 2024 Live Updates: Check winning numbers here
)
Amid Aishwarya Rai-Abhishek Bachchan divorce rumours, Jaya Bachchan says 'not my daughter' in viral video
)
Telecom rules to change from January 1, Mukesh Ambani's Jio, Airtel, Vi, BSNL will be affected due to...
)
Gandii Baat, XXX actress Aabha Paul sets Instagram on fire with hot photos
)
Meet Mathira Khan, Pakistani influencer whose private video leaked after Minahil Malik, Imsha Rehman
)
Shweta Tiwari's wedding photos with Bigg Boss 13 contestant Vishal Aditya Singh go viral, here's the truth behind them
Self-made success stories are a testament to the unflinching power of determination, hard work and passion. One such motivational story is of Balvant Parekh, a law graduate, a book lover, a peon, and a freedom fighter, who became a successful entrepreneur in post-independence India. Parekh founded the billion-dollar company Pidilite Industries, the company behind Fevicol, and is known as 'The Fevicol Man of India.' He was also a man with philanthropic values who established two schools, a college and a hospital in Mahuva, Gujarat.
Balvant Parekh also known as Balvantray Kalyanji Parekh, was born in Mahuva, Gujarat. During the freedom movement, Parekh, as the country's youth, also participated in the struggle for freedom before deciding to study law. He was part of the Quit India movement, but he studied law because of family pressure.
Even though he passed the Bar Council Exam and completed a law degree, his inkling was still in business. Living in a factory basement with his wife and working as a peon, he battled numerous hardships.
Thereafter, he got a chance to visit Germany and there he acquired business knowledge. In Mumbai, he and his brother founded Parekh Dyechem Industries. They made the adhesive known as Fevicol.
In 1959, Fevicol was introduced in India. The business turned its name to Pidilite Industries in the same year. Fevicol got popular as an approachable glue designed specifically for carpenters. Pidilite Industries started as a single small shop and eventually diversified to rule the Indian market. Presently, the company is worth over Rs 145000 crore.
