Mr. Ajay Piramal, Chairman, Piramal Group was conferred with an Honorary Doctor of Science (Honoris Causa) Degree by Indian Institute of Technology (IIT) – Indore, by the eminent mathematician, Prof. Madabusi Santanam Raghunathan at the institute’s 6th annual convocation ceremony held at the campus. The Degree recognizes Mr. Piramal’s significant and continued contribution to excellence in education and research institutions.
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.
Prof. Pradeep Mathur, Director, Indian Institute of Technology (IIT) – Indore said, “We are pleased to have been associated with Mr. 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.”
Mr. 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.”