IIT-Indore confers Honoris Causa on Piramal Group Chairman

NEW DELHI, NOVEMBER 20: Ajay Piramal, Chairman, Piramal Group was conferred with an Honorary Doctor of Science (Honoris Causa) Degree by Indian Institute of Technology (IIT) – Indore at the institute’s 6th annual convocation ceremony held at the campus. The Degree recognizes Piramal’s significant and continued contribution to excellence in education and research institutions.

Prof. Pradeep Mathur, Director, Indian Institute of Technology (IIT) – Indore said, “We are pleased to have been associated with Ajay Piramal, who was the Chairman of Board of Governors of IIT, Indore for 6 years, until March 2016. His guidance and active involvement in the development of IIT Indore in its formative years, has been crucial in creating a world-class institution that IIT Indore is today.”

The Piramal Group, led by Ajay Piramal, is one of India’s foremost business conglomerates with a global footprint. Valued at US$ 10 Billion, with operations in 30 countries and brand presence in over 100 markets, the Group’s turnover is ~$2 billion in FY2018. The Group’s diversified portfolio includes presence in industries like healthcare, financial services, healthcare information management, glass packaging and real estate.

Ajay Piramal, Chairman, Piramal Group said, “I am honored to receive the Honorary Doctorate Degree in Science, from IIT-Indore. Our corporate philosophy that Values create value, is built on the foundation of trusteeship, entrepreneurship and innovation. I believe that the youth of today are the flagbearers of change, and that access to education and cutting-edge research are going to be key drivers for India’s growth story. I would encourage the youth to take the path less travelled, leverage opportunities along the way, and transform these into milestones and break-throughs with innovative solutions, that contribute to India’s growth story.”

Piramal is one of India’s leading industrialists, philanthropists and social entrepreneurs. He holds several key positions on the boards of various prestigious regulatory, professional and academic institutions. He serves on the Harvard Business School's Board of Dean's Advisors, is co-Chair of the UK-India CEO Forum and Non-Executive Director of Tata Sons Ltd. Passionate about contributing to education in India, Mr. Piramal also serves as President and Chairman of Anant National University and Chairman of the Pratham Education Foundation.