Mr. Parasmal Jain is an eminent and public-spirited philanthropist, an outstanding industrialist and one of the trendsetting leaders in the Indian Electrical industry. His vision can be best articulated as - BUSINESS WITH A PURPOSE.
Mr. Jain began his journey armed with a degree in Commerce. His relentless zeal, passion and vision witnessed the fruition of FYBROS By KUNDAN CAB Group of companies. Today the group is a leading manufacturer and marketer of best-in-class electrical and electronic products comprising over 1000 product offerings. Presently,as Managing Director of Balar Marketing Pvt, Ltd, Mr. Jain, with over 30 years of experience, oversees a vast empire spread across the length and breadth of the country.
The Group boasts of having iconic customers - Alliance Group, BHEL, Cognizant, Chennai Port Trust, CPWD, L&T Construction, PWD, Tamil Nadu, SAP Labs Bangalore, Shapoorji Pallonji & Company Ltd, SIS, TCS, Tamil Nadu Housing Board, to name a few. Not to mention a vast trade network of more than 10,000 dealers across India.
Giving back to society is a core value that Mr. Jain possesses. In fact, the family is involved in charitable activities since independence.
Besides being the Founder-Chairman of JITO East Delhi Chapter and member of JITO Administrative Training Foundation (JATF), he is closely associated with innumerable charitable and religious trusts in India. Mr. Jain has been associated with numerous charitable activities all over India, such as, opening of Bhojan Shala in various Jain Tirths, opening of Gaushalas and Colleges, providing financial, food provisions and medical
assistance along with manpower in event of any natural calamity, etc.
His dealing with the workers is another important aspect of his personality. A humanitarian to the core, he communicates with the working class in the most humane way.