Home / Knowledge / News / Textiles / Page Industries' Genomal & Family move up India Rich List
Page Industries' Genomal & Family move up India Rich List
21
Sep '15
Ramesh Genomal & Family of Page Industries which is the licensee of Jockey Underwear and Speedo in India and Sri Lanka, has gained 28 places to be ranked 91st in the Hurun India Rich List 2015.

The list is published by China's Hurun report.

Ramesh Genomal, Non Executive Director, is one of the founders of Page Industries with over three decades experience in the textile and garmenting industry. In 2001 which was the 125th anniversary of Jockey International Inc., he received an award for his dedicated work and association with Jockey International Inc. He is responsible for the company's production process innovations.

Managing Director Sunder Genomal, is a co-founder of Page Industries and has spent over three decades in various facets of the textile industry. He oversees the entire working and affairs of the company's management.

Shamir Genomal, is the Executive Director - Chief Strategy Officer of the company. He is responsible for strategy planning of entire affairs of the company, product development, outsourcing and all functions relating to the Speedo brand.

Four e-commerce entrepreneurs have made it to the Hurun India Rich List 2015 in the under-40 age group. Thirty-two-year-old Kunal Bahl of Snapdeal is the youngest of the lot at number 4 with a wealth of Rs 2314 crore. He is followed by Flipkart's Binny Bansal and Sachin Bansal, both aged 34 at 5th and 6th places with personal wealth of Rs 9010 crore each. Paytm's Vijay Shankar Sharma, 38, is 9th on the list with a wealth of Rs 2824 crore.

In dollar terms e-commerce has shown 48 per cent spike in wealth for existing names and 126 per cent spike considering the new entrants into the list. Latest fund raising activities fuelled high valuation for all ecommerce companies. Despite a soaring valuation bubble in the industry, Just Dial is an exception in the list; Venkatachalam Sthanu Subramani lost nearly 80 per cent wealth in rupee terms due to share devaluation of Just Dial.

But none of the e-commerce players figure in the top 10 of the overall India Rich List. Mukesh Ambani of Reliance tops the list as the richest man in India with a fortune of Rs 1,60,951 crore, down 3 per cent from last year. The Hurun Report has 296 individuals with Rs 1,600 crore or more, up 76 from last year and double that of two years ago.

The Bansals rank 85 in the overall India Rich List, Vijay Shankar Sharma 215th, Venkatachalam Sthanu Subramani is at 220th position, dropping 97 places while Kunal Bahl is at 243. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

India’s garment imports from Bangladesh up 56% post-GST

Apparel/Garments | On 12th Dec 2017

India’s garment imports from Bangladesh up 56% post-GST

India has imported $87.4 million worth of readymade garments from...

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

Trade & consumers want MDR free digital payments: CAIT

Apparel/Garments | On 12th Dec 2017

Trade & consumers want MDR free digital payments: CAIT

Transaction charges like the merchant discount rate (MDR) applicable...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search