GROUP PROFILE

Ashok Piramal Group has a presence in diverse business sectors, from textiles to real estate and engineering to renewable energy.

The key strengths of the Group come from its strong lineage and effective management that promises to deliver world-class products and services. Every company in the Group while working towards their individual objectives, shares the Group’s collective vision and philosophy.

The Group success lies in creating niche models that ensures each company features among the top 5 in the industry they operate. Morarjee Textiles is a global player in premium shirting and high fashion printed fabric and boasts of all the popular apparel brands as its clients. With exports to over 40 countries, Morarjee is weaving dreams into fashion.

Peninsula Land is recognized for creating international landmarks that redefine India’s skyline. Peninsula Land is an integrated real estate company and it has pioneered retail ventures, world-class commercial projects and luxurious residential complexes. The company has delivered more than 6.4 million sq. ft. of real estate and around 18.6 million is under development in Mumbai, Bengaluru, Pune, Goa, Nasik and Lonavala.

The engineering business under Miranda Tools has raised the bar for engineering companies in India. The Group is on an accelerated growth path and in keeping with its vision, promises to create maximum value for all its stakeholders.

HARSH PIRAMAL

Harsh Piramal heads the textiles and renewable energy businesses of the Group.

Harsh has been responsible for leading a turnaround at Morarjee Textiles since he began leading the company in 2004. The company is now planning to expand its operations and regain its position as one of India’s leading textile companies.

Since its inception in 2012, Piramal Renewable Energy has entered the fast-growing renewable energy sector in India.

Harash 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.
Harsh plays competitive polo at the national level and is a keen football player. He co-founded Pune Football Club in 2007. He is also involved in tiger conservation.

Harsh holds a Bachelor of Science (Physics) degree from Kings College London and a MBA (specializing in Finance and Strategy) from the London Business School.

URVI PIRAMAL

Ms. Urvi Piramal oversees a professionally managed conglomerate with business interest in real estate, textiles, engineering and renewable energy. She is the guiding force behind the Group’s sustained and profitable growth; which is bringing the Group companies closer to realizing her vision of touching the lives of one in five people around the globe.
Ms. Piramal plays a leading role in envisioning and formulating the Group’s strategies in the businesses. The Group’s real estate foray has been 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 hydro power generation project in Himachal Pradesh.

Ms Piramal has been a member of Technology and Quality Improvement Committee of IMC since its inception in 1994, and also the Chairperson of Supply Chain & Retail business (Internal Trade) Committee (04-05).
She has a Bachelor of Science degree and has attended the Advance Management Program at Harvard Business School. Ms. Piramal has received a number of awards for her contribution to business. She was awarded the Qimpro Gold Standard Award for excellence in Managing Quality Improvement programmes across the Group. She has won the Outstanding Woman Industrialist Award presented by the Marinelines Junior Chamber and the Yami Woman Award for her outstanding contribution to business. She also has to her credit the Cheminor Award from the India Institute of Materials Management. She was honoured with the Giants International Award in recognition of her outstanding contribution to business in 2015.

She is a Trustee of the Piramal Education Trust, Ashok G Piramal Trust and Urvi Ashok Piramal Foundation (UAPF) which has been set up for the underprivileged. Through these trusts, Ms Piramal has initiated social projects within the Group.
The Foundation runs 7 mobile health vans at Bagar in Rajasthan, Ankleshwar in Gujarat and Nagpur in Maharashtra, providing quality health-care at peoples’ doorstep. She is on the board of Population First, an NGO working on creating awareness for the girl child. Ms Piramal is a wildlife enthusiast and spends her leisure time reading, listening to music and traveling extensively.

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.

CSR:

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

Engineering

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.

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.

Textile asds

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

About Us – Homepage

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.