The Ashok Piramal Group is a Mumbai-based conglomerate with a strong presence in diverse business sectors, from textiles to real estate and engineering. With a vision to inspire, touch, and build one in every five lives across the globe, we always strive to create enormous value for all our stakeholders. Stemming from a culture where our work embodies value generation, each of our individual enterprise is driven with a collective vision and philosophy to deliver world-class products! With a keen sense for the need for social well-being, we are actively involved in uplifting the community needs through the roots of our Urvi Ashok Piramal Foundation.



Morarjee Textiles Ltd is a global player in the premium shirting fabric business and high fashion printed fabric. A leading name in the industry, Morarjee Textiles caters to the fashion needs worldwide with a distribution network that spans the globe.sds

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real estate

Redefining India’s skyline since 1997, Peninsula Land is an integrated real estate company having pioneered retail ventures, world-class commercial projects and luxurious residential complexes of international repute.

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Being associated with the High Speed (Steel) Cutting Tools Industry for more than six decades, Miranda Tools was the first Indian company manufacturing high speed steel tools to have been awarded the ISO 9002:1994 certificate by BVQI in August 1994.

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fast facts

Peninsula Land:

  • One of the first real estate companies to be listed on the Indian stock Exchanges
  • Developed India’s first shopping mall, Crossroads, in Mumbai
  • Spearheaded India’s first integrated commercial complex in Mumbai – Peninsula Corporate Park

Morarjee Textiles:

  • India’s oldest textile company, operational since 1871.
  • The largest manufacturer of Guthra (Arabian headgear) for the Middle East

Miranda Tools:

  • The leading producer of end-mills and drills in India.
  • The leader for tool-bits and saws in the domestic market.


  • Over 6 lakh people benefited through our CSR activities implemented in the vocational and health segments

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lives touched through CSR initiatives



The strong and a proactive force behind the Group’s mission, Ms.Urvi Piramal is bringing the Group companies closer to realize her vision of touching the lives of one in five people around the globe.
Overseeing a professionally managed conglomerate with business interest in real estate, textiles, engineering and renewable energy, she is the guiding light of the Group’s sustained and profitable growth. The Group’s real estate foray is driven by her foresight and her sharp business acumen has played an immeasurable role in placing Peninsula Land Limited as one of the top real estate companies in India. She has been instrumental in the Group’s diversification and foray into the renewable energy sector and set up a hydropower generation project in Himachal Pradesh.

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Responsible for heading a turnaround at Morarjee Textiles Ltd. since he began leading the company in 2004, Harsh Piramal is now on the highway to expand the company’s operations and regain its position as one of India’s leading textile companies.
Harsh began his career as an analyst at venture capital firm Indocean Chase Capital Partners (subsequently part of JP Morgan Chase). After completing his MBA, he founded Thundercloud Technologies (India) Private Limited, an IT Company, in May 2000. In August 2001, he was appointed COO – Allied Pharma Businesses at Nicholas Piramal India Limited (now Piramal Enterprises Limited), where he was responsible for the turnaround and robust growth of all divisions. He was in this position till April 2004, when he took up his current positions.

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Rajeev Piramal spearheads the real estate business of the Ashok Piramal Group and leads all aspects of the business from strategy to operations. Under his leadership, Peninsula Land has transformed from the Mumbai-based company to one with operations spread across eight cities in four states. He has expanded the portfolio to include second homes and villas under the Peninsula umbrella.
In the last 13 years that he has been associated with the real estate sector, Rajeev has played an instrumental role in developing some of the landmark projects in Mumbai like the development of the textile land in Lower Parel, Crossroads Mall, Peninsula Business Park, Peninsula Technopark, Ashok Towers and Ashok Gardens

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Nandan Piramal heads the high speed engineering business under Miranda Tools and leads the sales and marketing function at Peninsula Land Ltd.
He oversees all aspects of the business at Miranda Tools: from strategy to execution.
While heading the sales and marketing at Peninsula Land Ltd., he conceptualized and implemented marketing tools that have transformed project launches and improved sales. Projects launched under him include Peninsula Heights in Bengaluru, Carmichael Residences at Carmichael Road,Celestia Spaces at Sewree and Salsette27 in Byculla.

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