About the Founder - Leadership that makes the difference

Mr. Rajiv Vastupal serves as the Group Chairman and Managing Director of Rajiv Petrochemicals Pvt. Ltd., the flagship company of the Rajiv Group. A first-generation entrepreneur, he founded “Team Rajiv” in 1980 and has, over the past four decades, transformed it into a diversified business conglomerate with a turnover of approximately INR 6,000 crores. The Group is a leading player across multiple sectors, including polymers, woven sack bags, fabrics, switchgears, panel boards, and independent insurance and risk advisory services.

Mr. Vastupal has held several distinguished leadership positions across prominent industry and academic institutions. He has served as Chairman of the FICCI Gujarat State Council and has been a member of the Board of Governors at IIM Udaipur, IIM Bangalore, and IIM Rohtak. He was the President of the All India Management Association (AIMA) during 2011-12 and the President of the Ahmedabad Management Association (AMA) from 2005 to 2007. He is also the Founder of the Gujarat Chapter of YPO, a member of YPO Gold Mumbai, and a Board Member of YPO Gold South Asia.

Beyond his business accomplishments, Mr. Vastupal is deeply committed to philanthropy and social service, continuing the legacy of his forefathers through the esteemed “Sheth Jamnabhai Bhagubhai Group & Trust” (J. B. Trust), a 116-year-old charitable institution. The Trust operates homeopathic and physiotherapy clinics across key locations in Ahmedabad, serving the community with accessible healthcare services.

During his tenure at the Ahmedabad Management Association (2005-2007), he contributed INR 50 lakhs towards the development of the state-of-the-art J. B. Auditorium as a parting gesture. He also established the Rajiv Vastupal Achievers Academy to foster leadership and excellence.

In addition to his other responsibilities, he serves as the Chairman and Managing Trustee of several family trusts established as part of his philanthropic endeavors. Mr. Rajiv Vastupal has made a significant contribution of INR 2.0 crores (INR 20 million) towards the establishment of the Sheth Jamnabhai Bhagubhai BPA School of Optometry, which is managed by the Blind People Association (Ahmedabad).

Furthermore, he has donated INR 1 crore to Sri Sathya Sai Heart Hospital in support of providing free cardiac surgeries to underprivileged children, thereby contributing meaningfully to accessible healthcare for those in need.