Ashok Piramal Group has a presence in diverse business sectors, from textiles to real estate and engineering to entertainment.
The key strengths of the Group come from its strong lineage and effective management that promises to deliver world-class products and services. Each company operates independently and has its own set of directors and shareholders.
Every company in the Group while working towards their individual objectives, shares the Group's collective vision and philosophy. The group’s success lies in creating niche models that ensures each company features among the top 5 in the industry they operate.
Morarjee Textiles is a leader in premium shirting and high fashion printed fabric in the domestic as well as global arena and boasts of all the leading apparel brands as its clients.
The real estate company, Peninsula Land Ltd was the first company in Mumbai to develop a cotton textile mill land after it was opened up for development. This development changed the face of Central Mumbai and transformed it into the most preferred business district.
The engineering business under PMP Auto Components Private Ltd includes auto components and cutting tools business. Two major acquisitions in Europe in the last two years in the wiping systems, have catapulted PMP Auto’s growth and today it commands a 7% of the market share in Europe in the wiping systems business.
The Group is on an accelerated growth path and in keeping with its vision, promises to create maximum value for its shareholders.