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

Plan under way to revive Egypt's state-run textile firms

Textiles | On 20th Oct 2018

Plan under way to revive Egypt's state-run textile firms

Egyptian minister for the public enterprise sector Hisham Tawfiq...

Myanmar asks garment units to set up skill testing centres

Apparel/Garments | On 20th Oct 2018

Myanmar asks garment units to set up skill testing centres

Myanmar’s ministry of labour, immigration and population has asked...

Results of Cameroon transgenic cotton trials by 2018 end

Textiles | On 20th Oct 2018

Results of Cameroon transgenic cotton trials by 2018 end

Cameroon’s national cotton development company Sodecoton will...

Interviews View All

Sanjay Desai & Ashish Mulani, True Colors

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Ajay Ghariwala, Luthra Group

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Angelina Francesca Cheang, MY ANJE

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Mala Alwani,

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Nitesh Mittal,

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

Leave your Comments


October 2018

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

news category


Related Categories:

Advanced Search