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Piramal Group

Headquartered in Mumbai, the Piramal Group has businesses in the healthcare, glass, life sciences, capital, and realty sectors. Piramal’s network of offices spans across India, North America, and Europe. The past 20 years of strategic acquisitions and alliances have led to the remarkable results detailed below:

Some Facts

  • Profits of acquired businesses have grown by a CAGR of 36% following a Piramal investment.
  • FY 2010 revenues exceeded $1 billion.
  • Piramal Group revenue has grown by 29% per annum from 1994-2010.
  • In 2010, the Piramal Group sold its branded generic formulation business to Abbott India for approximately US$3.8 billion—10 times revenue and 30 times EBITDA.
  • The Piramal Group operates in 5 countries, exports products and services to over 50 countries, and generates over 70% of its revenue outside of India.

Finding Purposes for Wealth - Ajay Piramal, through the Piramal Foundation, is practicing what he preaches about the need for the privileged to 'share'