The people complaint because of circumstances who are do not expect to believe and do anything better in themselves. If you want to learn how the summit of success is touched by fighting troubles, then you should know about Balwant Parekh. Balwant Parekh was one of the few industrialists who supported the economic situation of Azad Hindustan. Today, his family and his company may be in Arabs, but it was not easy for Balwant Parekh to arrive here.
Recently, Sharmine’s sofa on TV became very popular. This sofa of Sharin belonged to Mishrin, Colstrin and then Bengal. Meaning the sofa continued from generation to generation for 60 years and was due to Fevicol. Yes, the same fevicol called, ‘This is a combined of fevicol, it will not break.’ In fact, the joint of Fevicol is so strong that its customers are also connected to it even after decades. There was no one else to establish this strong joint in India, but Balwant Parekh. This is why he was also known as ‘Fevicol Man’. Fevicol is the product of the Pidilite company founded by Balwant Parekh. With FEVICOL, this company M-SEAL, Favi Quick and Dr. Makes products like fixite.
India participated in the movement
Pidilite
In 1925, Balwant Parekh, who was born in a town called Mahuva in Bhavnagar district of Gujarat, belonged to a normal family. His primary education was completed from a school in his city. According to Gujarat’s trend, Balwant Parekh also wanted to become a business person, but the housewife wanted him to study the law and become a lawyer. The young Balwant Parekh had to bow under home conditions and family pressure and moved to Mumbai to study advocacy. Balwant enrolled in Government Law College here and started studies.
This was the period when Mahatma Gandhi’s ideas were color in the whole country. In the India’s movement started by him, the youth of the country were jumping on their future. Balwant Parekh was also one of the same youth. He also quit his studies and became part of this movement. While living in his hometown, Balwant Parekh participated in several movements. In this way one year passed. Later, Balwant again began studies for advocacy and completed it.
Studied advocacy but did not advocate
Pidilite
After studying advocacy, it was now the turn of law practice, but Balwant Parekh refused for this. He did not want to be a lawyer. Actually, Balwant was colored with the views of Mahatma Gandhi. He was now giving importance to the most truth and non -concept. He believed that advocacy is a business of a lie. Here, someone has to lie on everything, that’s why he did not advocate. Even though he refused to practice, it was necessary to do something to run a life in a city like Mumbai. From above, he also got married while studying and now his wife’s responsibility was also on him. In such a situation, Balwant Parekh got a dyeing and job in the printing press. Although Balwant Parekh did not feel so in the job as he wanted to do any business of himself, but at the moment his circumstances were not allowing him to do so.
Had to work as a peon
Pidilite
After working in the printing press for some time, he worked as a peon in a wooden trader’s office. Later, Balwant, who formed a company of crores, had to stay in the office warehouse during his peon job. He was running his family here with his wife. The good thing was that he kept learning something working here from printing press to wood trader. After a peon’s job, he changed several jobs and with this he also increased his contact. Through these contacts, Balwant also got a chance to visit Germany. During this foreign journey, he learned special and new things related to business, which later benefited him a lot. Over time, Balwant’s hard work also brought color.
The country became independent and Balwant became his sky
Outlook business
Now it was time for Balwant to change his luck. He began with it fulfilling his dream of doing business. He found an investor for his view and started the business of importing bicycles, additional nuts, paper dye etc. from Western countries. With the onset of this business, their bad times also started to disappear. Subsequently, he left the rented house and started living in a flat with his family. His business was going well, but he had to do good work, not good but to touch the heights of success.
When India became independent, Balwant got a chance to feel his dreams. Along with India’s independence, traders like Balwant found the entire sky to fly. After independence, India was preparing to stand on its feet, struggling with the financial crisis. Eminent traders of the country took advantage of this opportunity and started making goods coming from abroad in their country.
Balvant’s story is to become a fee man
Pidilite
Meanwhile, Balwant recalls his days when he was a peon with a wooden businessman. During this time, he noticed how difficult it was to add artisans to add two wood. Earlier, gum made of animal fat was used to add wood. For this, the fat was heated for a long time. During heating, it was so smell that it became difficult for the artisans to breathe. Thinking about this, Balwant got an idea as to why it should not be made so that it does not smell so much and it takes so much hard work to make it. He started collecting information in this regard. After finding a lot, he found the way to make glue using synthetic chemicals. In this way, Balwant Parekh, along with his brother Sunil Parekh, established the pidilite brand in 1959 and Pidilite gave the country a white and aromatic glue, named after Fevicol.
German language enrolled fivicol
Business
The word coal in Fevicol means adding two things. Balwant Parekh took the word from the German language. In addition, a company called Movicol in Germany was already a company, a similar glue. Parekh, inspired by the name of this company, named its product Fevicol. Fevicol had removed many problems of the people. This was the reason that on seeing this, this product became prevalent throughout the country. Fevicol gave wings to the Pidilite company, on which this company measured the entire sky of success. After the increasing demand, the company launched new products like Favi Quick, M-Seal etc. The revenue of this company founded by Balwant Parekh, which works as a peon, is today in thousands of crores. Along with this, this company has also appointed thousands of people.
More than 200 products
The company now produces more than 200 products, but Fevicol gave it the most benefit. There were two reasons for the growing demand of Fevicol, the first its strength and the second advertisement. In the 90s, when TV’s trend in common homes in India was in early stages, the advertisements of Fevikol became popular as a serial on Doordarshan. In the advertisements of Fevicol, he promoted it, entertained people, entertained them. This is the reason that till date people have not broken relations with this product. Pidilite launched its shares in 1993. By 1997, ‘Fevicol’ joined the top 15 brands. M-Seal started in 2000 and in 2001, ‘Dr.’ like a product fixed in the market. In 2004, the business of this company reached 1000 crores. In 2006, the company decided that it would launch the Pidilite brand at the international level. This is why its factories were established in countries like America, Thailand, Dubai, Egypt and Bangladesh. With this, Pidilite also started its research center in Singapore.
Balwant Parekh’s elite work
Pidilite
Balwant Parekh not only focused on earnings, but after being able to himself, he also did many great things. He established two schools, a college and a hospital in his city. Along with this, he also started the NGO “Darshan Foundation” while studying the cultural heritage of Gujarat. Balwant Parekh, who came from an ordinary family in Gujarat, has been ranked 45th in the list of Asia’s wealthiest people a few years ago. At that time Balwant Parekh had a private property of $ 1.36 billion.
On 25 January 2013, Balwant Parekh said goodbye to the world at the age of 88, but he left behind a product as a company and fevicol that would always keep his name immortal.