The "Rupa" brand of knit wear owned by the hosiery company Rupa & Company Ltd. founded by Prahlad Rai Agarwala along with Ghanshyam Prasad Agarwala and Kunj Bihari Agarwal in 1968 is one of India's largest knitwear brand.
[1] [2] In 1962, Prahlad Rai Agarwala sett up Binod Hosiery, however it proved to be unsuccessful.
[3] Agarwala holds a bachelor's degree in law from University of Calcutta.
[4] In the year 2022, Govt of India conferred the Padma Shri award, the third highest award in the Padma series of awards, on Prahlad Rai Agarwala for his distinguished service in the field of trade and industry.
[5] The award is in recognition of his service as a "textile business leader, flag bearer of Make in India running Rupa & Co, one of India's largest clothing manufacturer and exporter".