After that, he has been remaking his wealth into a diverse corporation with interests in finance, real estate, packing, glass manufacturing and pharmaceuticals. Moreover, the first enormous shopping centre in India, named Crossroads, was built from three Piramal factories. Paramel was also one of the first to build an organized work space at Lower Parel and to construct landmarks like Ashok Towers. Furthermore, he serves as the Chairman of Pratham, the biggest non-government organization with interests in education.