Meet Ronak Chiripal: the Syracuse-trained heir scaling Chiripal Group’s next chapter

Ronak Chiripal, second-generation promoter of the Ahmedabad-based Chiripal Group, founded Nandan Terry Ltd. in 2016. Within four years, the company had become one of India’s top five terry towel manufacturers, and it now records a turnover of ₹1,600 crore. Ronak holds an MBA from Syracuse University and combines that global training with the entrepreneurial roots of a Group his father, Vedprakash Chiripal, started in 1972 with just 12 power looms in Ahmedabad.

Chiripal Group today reports revenues exceeding ₹15,000 crore, employs more than 20,000 people, exports to over 52 countries, and runs manufacturing operations across Gujarat, Rajasthan, Madhya Pradesh, Telangana and Jammu. Its businesses span textiles, petrochemicals, packaging, speciality chemicals, infrastructure, education, renewable energy and biofuels — a diversification built on the integrated textile ecosystem the Group established through Nandan Denim, Vishal Fabrics and Nandan Terry.

The Group’s newer ventures carry a similar imprint of expansion under the second generation. Chiripal Poly Films has added a recycled PET facility in Jammu with 36,000 MTPA capacity, converting post-consumer PET bottle waste into recycled raw material. GREW Solar, meanwhile, already operates 6.5 GW of solar module manufacturing capacity and plans to expand to 11 GW in Rajasthan by 2026, alongside a new 8 GW solar cell manufacturing facility in Madhya Pradesh.

Vedprakash Chiripal laid the foundation of the enterprise through a focus on manufacturing, quality and long-term value creation; the next generation of promoters, including Ronak, has since expanded that vision into new sectors while preserving the same operating philosophy. The Group describes this as a blend of continuity and innovation rather than a break from its original approach.

Alongside the business expansion, the Group continues to run long-standing community programmes: an annual blood donation drive collecting over 5,000 units a year, a tree-planting initiative that has added 200,000 trees around Ahmedabad, and food and health camps at Dakor serving about 7 lakh devotees annually for nearly three decades.

Image: Wikimedia Commons/by Fabrics for Freedom