Category: Leaders

DELIVERING HAPPINESS

Dr. Mahalakshmi is the Founder and Director of ARC International Fertility & Research Center Chennai. The reproductive medicine specialist with over two decades of expertise has treated over 1,00,000 infertile couples with success rates comparable to international standards.

“DR. MAHALAKSHMI HAS HELPED CHILDLESS COUPLES FROM INDIA, SINGAPORE, THE UK, AND THE UAE”

After finishing her education and earning her MBBS, Dr. Mahalakshmi pursued a Diploma in Gynecology and Obstetrics at Sri Ramachandra Medical College and Research Institute. She then completed a DNB in Ob/ Gyn at Apollo Hospitals, and a fellowship in Reproductive Medicine and Andrology and Reproductive Medicine and Infertility at the Chettinad Hospital and Research Institute.

Dr. Mahalakshmi established ARC International Fertility & Research Center in 2004 to treat infertile couples and promote accessible healthcare for people from all socioeconomic backgrounds.

DEDICATED TO EXCELLENCE

With clear scientific protocols, adapting to world-class technology and infrastructure, dedicated team of in-house reproductive medicine consultants and state-of-the-art facilities, what started as a single branch in Chennai has expanded to 32 branches in India, Sri Lanka, Bangladesh and Malaysia. The vision of Dr. Mahalakshmi is to create awareness among the population and remove the myths about fertility issues and guide the patient with care and compassion combined with transparency and ethics.

To date, she has treated around 1 lakh patients, achieved an overwhelming success rate of around 85 percent, and delivered more than 50,000 babies successfully. Today, ARC International Fertility & Research Center is seen as centre of excellence that offers hope to realise the dream of parenthood to couples around the world.

PROVIDING QUALITY SERVICES

The in-house consultants at the centre are well-trained in helping tens of thousands of women conceive successfully through technological innovation with personalised, optimal care. The most sought-after services include extending the biological clock, lifestyle and conception advice, therapeutic activity for patients, counselling, fertility tools, sexual dysfunction, gynecologic surgery, and stem cell banking, to name a few.

The centre offers its services at a reasonable price, as its mission is to help every patient become a happy parent. The services are designed to excel on three parameters—care, cost, and commitment—that they call, The ARC Advantage. Today, ARC IVF centres are located in most parts of Tamil Nadu and have branches in Kolkata, Bengaluru, Hyderabad and Kochi. ARC International Fertility & Research Center also serves patients in international markets.

ACHIEVEMENTS

Dr. Mahalakshmi finds mention in the Guinness Book of World Records and Asia Book of Records. She has received the prestigious Dada Saheb Phalke Award for Clinical Excellence. The leader has been honoured by heads of state for her untiring efforts in making fertility treatment reach maximum number of deserving couples not only in India, but also around the world. Under her leadership, ARC International Fertility & Research Center was recognised with the Best Fertility Centre Award in 2013 and 2014. She is also a member of the Indian Medical Association, Indian Society of Assisted Reproduction, American Society of Reproductive Medicine, European Society of Human Reproduction and Embryology, and the Indian Fertility Society.

REVOLUTIONISING EDUCATION

Ms. Sushma Boppana, a dynamic leader and the CEO of Sri Chaitanya Educational Institutions, stands at the forefront of a transformative movement in Indian education. Her commitment to delivering high-quality education has led to the establishment of a vast, nationwide network of schools that empower students from diverse backgrounds.

INDIA’S GREATEST LEADER 2023 FOR PRODUCING HISTORICALLY BEST RESULTS IN THE INDUSTRY

Ms. Sushma Boppana’s educational journey began with her graduation in Computer Science at the Birla Institute of Technology and Science (BITS), Pilani. She did her master’s degree in IT in the United States. To her, the experience of studying at BITS, Pilani – an institution away from her home and her comfort zone – gave her immense exposure, expectations, and a culture never experienced before, truly broadening her horizons. Her post- graduate years revealed her affinity for leadership roles, leading her to transition from an IT career to product management. This shift provided valuable insights into deadline oriented tasks, customer and team collaboration, working with cross-cultural teams, and conducting research. Ms. Boppana emphasises that this journey has made her more pragmatic in understanding individual skill sets. Currently, she is a passionate advocate for increased female representation in senior educational positions.

EMPOWERING DREAMS

Ms. Boppana’s parents, BS Rao and Jhansi Lakshmi Bai, laid the foundation for Sri Chaitanya Girls Junior College 38 years ago, aiming to offer professional education to girls from rural Andhra Pradesh. Today, Sri Chaitanya has evolved into a symbol of educational excellence, boasting over 900 schools spread across 26 states. In her role as CEO and Academic Director, Ms. Boppana continues to uphold her parents’ belief that education is deeply personal and life-defining. Her father’s wisdom always emphasised that education, alongside health, is a deeply personal matter that should be managed by passionate individuals who prioritise its importance. She and her family are steadfast in their mission to support eager learners, ensuring they surmount obstacles such as financial constraints or geographical limitations.

LED BY INCLUSIVE EDUCATION

Recognising the challenges faced by students from diverse backgrounds, Ms. Boppana championed the expansion of Sri Chaitanya’s offerings to include kindergarten through 10th grade. This initiative provides students with a standardised foundation, reducing stress and enhancing their ability to excel in competitive exams. She firmly believes that schools should take responsibility for expanding both students’ and parents’ exposure to competitions, Olympiads, and other opportunities to enhance their skill sets. A significant breakthrough came when Ms. Boppana identified the need for an integrated curriculum spanning national, state, and board levels. Her vision aimed to prepare students for nationwide entrance examinations, such as AIIMS, NEET and JIPMER for medical students, and IIT and NIT for engineering aspirants. This groundbreaking approach unlocked opportunities for students from rural areas and small towns to pursue successful careers in medicine or engineering. Sri Chaitanya’s educators emphasised the importance of mastering concepts and fundamentals rather than relying on rote learning.

BUILDING THE FUTURE

Ms. Boppana’s journey in education reflects her unwavering dedication and forward thinking approach. Under her leadership, Sri Chaitanya aims at being observant, focused, adept at multitasking, and taking responsibilities seriously. Her vision for Sri Chaitanya and the creation of Infinity Learn epitomise her commitment to providing high-quality education to students across India. With her efforts, she continues to shape the future of education, leaving an indelible mark on the lives of countless young individuals.

CREATING GROWTH OPPORTUNITIES

Having a wide experience and exposure in General Management, New Business/New Product Development in India and for international markets, Mr. Rajeev Nannapaneni has been strategically expanding his portfolio with complex niche products, where competition is limited. Focusing on building strong technological capabilities under his leadership, the company can develop any generic now.

“As he has guided Natco towards success with his insight & knowledge, he has focused on almost exclusively selling generics in oncology”

DEEP MARKET KNOWLEDGE

Mr. Rajeev Nannapaneni is the Vice Chairman & CEO of Natco Pharma Ltd. and holds a B.A. degree in Quantitative Economics and also a B.A. degree in History from Tufts University, Boston, USA. Having worked at Merill Lynch and Natco Systems LLC in USA, he has valuable international experience, which he puts to good use in his day-to-day working and strategic planning in his company.

Believing that the Indian market structure is shaped in such a way that no generic player would ever get to dominate it or even monopolize a big share of the market, he has concentrated on typically niche products as for every such product, 10 to 15 different generics are expected to exist and only the top 2 would do extremely well. As the market dynamics work, generally those generic products would perform well, which entered the market first, whose prices were competitive, and which followed an aggressive marketing strategy. Thus, he has created a strong position for Natco Pharma with the understanding that while India is not a low-price market, it is crucial for products to be affordable here, because it is a payer’s (non- reimbursement) market.

Taking the example of Ranbaxy Laboratories, which as a matter of fact has been acquired by Sun Pharma, he observes that it was highly successful because it had already established its generic brands, and as the law of the Indian market is that revenue should be sustainable, some companies have been able to do well here in spite of competition, because they maintained rather decent prices. Actually, he feels this is the case of several MNCs that have entered the Indian market, as they have bought out companies with sustainable revenue streams to make a robust position of their own.

SHOWING THE WAY

As he has guided Natco Pharma towards consistent success with his immensely insightful experiences and knowledge, he has focused on almost exclusively selling generics in oncology. Also, realizing that though the middle class in India has been growing, there is still an unequal distribution of wealth in the country, and this has a great impact on market
dynamics including the healthcare market, he has been strategizing on helping new modern products enter the Indian market and create a sustainable position for his already existing products.

As he feels that most Indians are still not able to afford some modern therapies, even when India’s wealth is increasing, and several States have been improving their healthcare programs, his strategic move to introduce lower-priced generics in the Indian market is working. He also feels that if it were not for India, affordable generics in the world wouldn’t
have been successful, as the art of organic chemistry was perfected in India only because of the competition Indians experienced domestically.

Focusing on making specialty medicines accessible to all, Mr. Rajeev Nannapaneni’s strategy is to file only 5 to 6 abbreviated new drug applications (ANDAs) that really fit the company’s core strategy. He has also created Natco’s business model as completely
an alliance model, since he develops a hard-to-make niche product, and then approaches a partner to help out with the litigation and the marketing. Thus, over a course of time, he has been able to build numerous strong alliances and has created a successful business in India
and the US.

MARCHING TOWARDS A HEALTHIER INDIA

Having a rich experience of 42 years in the pharmaceutical industry, the Founder, Chairman & Managing Director of NATCO Pharma Limited (NATCO), Mr V C Nannapaneni is a self made personality who has escalated to greater heights through his sheer dedication and earnestness.

“Owing to Mr VCN’s dedicated efforts, NATCO has emerged as the largest domestic Oncology Company, providing affordable medicines to people”

STEADY & SEDULOUS

Born in the village of Gollamudipadu, Guntur District, Andhra Pradesh, Mr V C Nannapaneni (VCN) evolved as a highly driven technocrat and entrepreneur with a strong will to contribute towards the development of the society. Besides holding Bachelors and Masters Degree in Pharmacy from Andhra University, Vishakapatnam, he also acquired a Masters degree in Pharmaceutical Administration from the Brooklyn College of Pharmacy, US. He has worked in the US for more than a decade in various Pharmaceutical companies.

Owing to his strong educational background in pharmaceuticals and rich international experience, Mr VCN established NATCO Fine Pharmaceuticals Pvt Ltd in 1981. During the subsequent years, he either established or acquired several other companies focused on drug manufacturing and research laboratories. It was in the year 1996 that the three group companies under Mr VCN were merged to form the present day NATCO which has generated revenues of INR 2,079 crore and has over 4500 employees.

THE NOBLE TRAILBLAZER

Under the leadership and guidance of Mr VCN, NATCO has pioneered the introduction of many advanced pharmaceutical formulations. With the motto of “Making Specialty Medicines Accessible to All”, he drove the business ambitions of the firm, with specific inclination to the needs of the underprivileged. His quintessential motivation propelled the company to be the first to introduce sustained-release generic medicines in India, and its launch of anti-cancer drug, Imatinib Mesylate, in 2003, was a significant milestone in its journey into generic oncology segment.

Another bright feather in Mr VCN’s cap was the launch of the drug, Sorafenib, which was granted a compulsory license for anti-cancer drug by the Government of India in support of its mission to make medicines accessible & affordable to all in the country.

Owing to Mr VCN’s dedicated efforts, NATCO has emerged as the largest domestic Oncology Company, providing affordable medicines to the people and is also amongst the first companies to launch a highly effective generic medicine, Sofosbuvir under the brand Hepcinat, for curing Hepatitis C, in India. He made sure that with the affordable pricing of the company, therapy benefits could be availed by all the economic sections of the country, even in the semi- rural/rural areas and he also facilitated the delivery of free medicines to the poor and needy.

BUILDING A BETTER SOCIETY

Under the leadership of Mr VCN, NATCO is committed to serving the society, and a result-oriented corporate social responsibility arm, NATCO Trust, has widened its coverage in line with the need of integrated development. He is efficiently spearheading the activities of
the Trust spread across three key areas: Education, Health and Livelihood.

Besides transforming at least 40 government schools by helping them to build toilets, renovate or furnish classrooms, and pay for Vidya volunteers, NATCO Trust, under his guidance, has also built two paediatric wards in Guntur Government Hospital with 100 beds to accommodate more children and provide timely healthcare for them. Mr VCN’s benevolent initiatives of donating ventilators and warmers for the hospital’s ICUs have been truly impactful and have saved thousands of lives.

Mr. Mahesh Patil’s role is significant as the Managing Director of the Horizon Group. He has been behind the growth, accomplishments, and strategic direction of the organisation. He developed fresh growth avenues and methods by performing in-depth market research and analysing market trends. Under his leadership, the company marched towards long-term growth and profitability through good strategic planning.

MOVING AHEAD

The Horizon Group has significantly expanded and diversified under Mr. Patil’s leadership. His dedication has made the company break into new markets, provide ground-breaking goods and services, and establish powerful alliances. Through his efforts, the organisation has not only broadened its market reach, but also diversified its sources of income, enhancing long-term resilience and stability.

The company has seen increased profitability and maximised return on investment by putting into place good financial management procedures, watching key performance metrics, and optimising resource allocation. Mr. Patil’s vivid knowledge of the market reduced financial risks and secured the company’s financial stability by employing smart risk management techniques.

DEVELOPING TALENT GLOBALLY

The dynamic leader believes in developing a skilled and driven workforce. He executed extensive talent development plans at the company with a strong emphasis on leadership development, career advancement, and skill development. He further fosters a healthy workplace culture by promoting creativity, cooperation, and personal growth.

Within the Horizon Group, he has prioritised operational excellence, and achieved better operational effectiveness and productivity by using technology. Streamlining processes and establishing a culture of continuous improvement further reduced costs and boosted customer satisfaction.

As the Managing Director of the company, Mr. Patil focuses on developing strong, cordial relationships with stakeholders. His long-term links with them have improved the Horizon Group’s standing in the marketplace through excellent communication, proactive participation, and a dedication to delivering exceptional value.

With his deep focus and clear vision, the firm has expanded into markets such as India, Canada, the UK, and Europe. His emphasis on strategic planning, business growth, financial performance optimisation, operational efficiency, talent development, and stakeholder engagement has been pivotal in determining the success of the Group and laying the groundwork for further expansion.

CONQUERING THE HORIZONS

Mr. Patil has numerous awards and recognitions to his credit. Under his management, HiresGulf recognised the Horizon Group among the top 10 Fastest Growing Online Job Portals in the Middle East in 2021. Horizon Oil & Gas’ recognition as Global Pioneer in Oil & Gas (Recruitment industry) is another feather in his cap. He was awarded Employee of the Year 2013 by Smou Group and the Excellent Performer Award in 2014. For his credibility and vision, Delta Group conferred on him the Global Visionary Award in 2016. The young leader was also featured in The Energy Year (2021) and Khaleej Times (2022).

A Bachelor of Chemistry from Al Ain University, Mr. Alkarbi’s illustrious journey underscores a steadfast dedication to realising ambitious milestones. Since his early days, he was captivated by the transformative abilities of technology and its capacity to revolutionise various industries, and improve lives. This fervour became the driving force behind his career choice, fueled by a resolute ambition to drive a substantial change. He established the Horizon Group of Companies to offer top-tier services in the GCC’s service sectors. The group has since evolved into a respected conglomerate, operating across the Middle East and India.

Mr. Alkarbi is a distinguished figure in the corporate realm. Besides serving as the CEO and Chairman of Horizon International Group, he lends his expertise as a board member at Takaful Emarat-Insurance (P.S.C.), and Baniyas Cooperative Society. Furthermore, as a seasoned professional, he boasts a comprehensive skill set encompassing P&L Management, Business Coaching, and Team Leadership. His mastery extends across diverse domains, including real estate, facility management, oil and gas, and recruitment, among others. With a remarkable history of achievements, he showcases a high level of proficiency in management and strategic insight.

The leader’s unwavering commitment has solidified his reputation as a true visionary in the business arena. Not only have his leadership skills propelled his organisation to greater heights, but it has also positioned him as a source of inspiration for aspiring entrepreneurs.

CHAMPIONING INNOVATION

At Horizon International Group, Mr. Alkarbi has fostered a culture of creativity and continuous improvement. To elevate the brand’s competitive edge, he follows the key facets of unparalleled quality, unwavering innovation and adaptability, and a distinctly customer-centric approach. He believes in earning brand trust and reputation through competitive pricing and a riveting Value Proposition.

While crafting the mission for the group, the leader meticulously defined a set of core values and principles that act as a compass for every decision and action. These values form the bedrock of the company, highlighting its commitment to delivering exceptional products and services while making a positive impact. His dedication to these values has propelled the organisation to unparalleled heights, solidifying its status as an industry trailblazer.

Integrity is important for Mr. Alkarbi. He places a high value on conducting business with resolute honesty, transparency, and ethical standards. This commitment establishes a foundation of trust with customers, employees, and stakeholders, nurturing enduring relationships built on integrity and dependability. His journey exemplifies how a strong vision, guided by steadfast values, can lead to extraordinary success and meaningful contributions.

A GOAL-ORIENTED LEADER

Mr. Alkarbi’s pursuit of success is marked by a dual-pronged approach. In the short term, his focus is on fortifying the organisation’s market stance and amplifying its share. Through research, development, and strategic alliances, it is poised to ascend to new heights. Simultaneously, the leader places great emphasis on nurturing a diverse and adept workforce united by a shared dedication to the group’s values and a zeal for unparalleled excellence. By fostering this vibrant and talented team, the company is primed to blaze trails in its pursuit of innovation and distinction.

Looking beyond the horizon, Mr. Alkarbi’s grand ambition is to emerge as a global vanguard within its industry. He wants his organisation to be universally hailed for its groundbreaking ingenuity, dependable solutions, and constructive influence. He envisions penetrating new markets both within and beyond current geographical boundaries and upholding a reputation for delivering top-notch products and services.

EMPOWERING TEAMS

Mr. Alkarbi understands that a company’s success hinges on its people, and he has demonstrated an exceptional ability to bring together skilled and passionate individuals who share his vision. This collaborative environment encourages creative thinking, fosters innovation, and fuels exceptional performance.

Over the years, the visionary leader has meticulously assembled a cohesive team comprising exceptional professionals whose commitment to excellence ensures outstanding reliability, accuracy, and efficiency in all their endeavours. Their steadfast dedication and tireless efforts have played a vital role in establishing the group as an exemplary partner for both local and international organisations. The team’s proven track record has garnered the attention and respect of numerous entities seeking a partner that consistently operates at the highest standards.

RACKING UP ACCOLADES

Mr. Alkarbi’s leadership has yielded significant milestones that have greatly benefitted Horizon International Group.

He has played a significant role in successfully launching new services, increasing customer satisfaction, boosting revenue, and expanding into new markets. These achievements have not gone unnoticed, as the group has received prestigious awards that bear testament to its commitment to quality, innovation, and customer satisfaction. For instance, HiresGulf was awarded as one of the top 10 Fast Growing Online Job Portals in the Middle East in the year 2021. Likewise, Horizon Oil & Gas has been awarded with prestigious awards for its contribution as a global pioneer to the Oil & Gas industry.

Mr. Alkarbi attributes his achievements to the diligent efforts and unwavering commitment of the organisation’s exceptional team members. This spirit of collaboration, guided by his visionary leadership, has established the group as an industry leader and trusted partner.

Dr. Niranjan Hiranandani, the Co-Founder and Managing Director of the Hiranandani Group, is a prominent figure in India’s real estate industry and a pioneer in developing mixed-use integrated townships. Often hailed as a visionary, he has not only reshaped the Indian real estate landscape, but also taken on multiple pivotal roles, including National Vice-Chairman of NAREDCO and Chairperson of Mumbai University’s Advisory Council. Driven by a relentless pursuit of excellence, he continues to expand his horizons, venturing into cutting-edge data centers, and logistics and industrial parks

BY JYOTI VERMA

Hailed as the ‘Builder Extraordinaire’ and ‘The Real Estate Czar’ for his visionary prowess, Dr. Niranjan Hiranandani is a man who has not merely glimpsed the future, but actively responded to its evolving demands. The accomplished leader is not only launching innovative realty projects, but has also embarked on a transformative journey to bolster the Indian economy by diversifying in the realms of industrial and logistics parks, energy and data. With his exceptional leadership, unwavering commitment to perfection, and dedication to excellence, he has propelled the Hiranandani Group to unprecedented success. Today, his group’s accomplishments extend far beyond cutting-edge mixed-land use projects in Powai and Thane to state-of-the-art hyperscale data centers in Navi Mumbai and Greater Noida, with proposed liquified natural gas (LNG) terminals in Maharashtra and West Bengal.

A FIRST-GENERATION ENTREPRENEUR

Born in the vibrant city of Mumbai, Dr. Hiranandani hails from a family of Sindhi heritage. His father, Shri Lakhumal Hiranand Hiranandani was a celebrated ENT surgeon and a recipient of the Padma Bhushan Award, the third-highest civilian award in the Republic of India. Hailing from a family of professionals, he imbibed innate qualities like discipline, ambition, integrity, and self-motivation. His academic journey is an integral part of his success story. He completed his schooling from Campion School, Mumbai and graduated with a Bachelor of Commerce Degree (Hons.), earning a distinction as the second-ranking student in Mumbai University. He further bolstered his professional qualifications by completing his C.A. and obtaining a Doctorate in Philosophy titled “Housing Revolution in India: Challenges and Prospects.”

Dr. Hiranandani began his career as an accounting teacher before embarking on his entrepreneurial journey. In 1981, he took a bold step by opening a textile weaving unit in Kandivali, Mumbai. However, his most significant leap came in 1985 when, with the assistance of his brother Surendra, he acquired a sprawling 250 acres of land in Powai. This marked the birth of Hiranandani Gardens, the flagship real estate project of the Hiranandani Group, which pioneered the concept of developing mixed-used integrated townships model with vibrant community living focus.

Along with members of his family, Dr Hiranandani controls the privately owned Hiranandani Group. Today, the Group has diversified into education, healthcare, hospitality, infrastructure, entertainment, and organised retail, with footprints in the newer markets like Panvel, Alibaug, Khandala, Chennai, Ahmedabad, and Pune.

FROM POWAI TO PANVEL

The Hiranandani Group’s commitment to innovation and expansion in real estate continues with its latest project, ‘Golden Willow,’ a premium residential project launched in Panvel, Mumbai in April 2023. The project, involving investment of INR1,000 crore, offers 1 million sq ft of residential space and apartments of one, two and three bedroom, hall, kitchen configurations. Dr. Hiranandani believes this project aligns perfectly with current market dynamics, especially the post-Covid-19 demand for branded luxury homes, and substantial infrastructure development and connectivity improvements in Panvel, including a coastal road, metro rail, multi-modal corridor, and the upcoming Navi Mumbai international airport.

BUSINESS DIVERSIFICATION

Today, the Hiranandani Group has a diversified portfolio with setting up a new business unit for Data Centre (Yotta) and Logistics and Industrial Parks (GreenBase).

Dr. Hiranandani’s initiative, Greenbase, represents the industrial and logistics parks vertical, offering best-in-class real estate solutions for the industrial, logistics, and warehousing sector. His company has expanded into the realm of data infrastructure with the founding of Yotta Data Services, which set up the world’s second-largest data center, NM1, in Navi Mumbai in July 2020, and North India’s first hyperscale data center, Yotta D1, in Greater Noida in October 2022. These centers have already made substantial progress and formed strategic partnerships with global bodies.

A PHILANTHROPIC FAMILY LEGACY

Dr Hiranandani is not just renowned for its business achievements, but also for its philanthropic endeavours. He has generously contributed to various charitable causes, including education, healthcare, and environmental protection. His philanthropic spirit extends to his investments as well. In November 2022, he invested in Goodfellows, a senior companionship start-up. With the funding, Goodfellows plans to expand its operations in Mumbai and venture into new cities such as Pune, Kolkata, and Bengaluru. Dr Hiranandani has also joined the start-up’s advisory board, recognising the importance of addressing the needs of the elderly in today’s world. His appointment as the Chairperson of the Advisory Council of the University of Mumbai in February 2023 also reflects his dedication to education and community building.

An astute businesswoman, Dr. Kiran Mazumdar-Shaw is a stalwart of Indian industry and the Executive Chairperson of Biocon Group. Under her leadership, Biocon – Asia’s leading biopharmaceutical enterprise – has evolved from manufacturing pharmaceuticals to discovering, developing and producing biologics to treat chronic diseases. With Biocon consistently ranked as one of the highest R&D spenders in India, she has maintained for long that the nation’s future and growth are inescapably linked to its ability to undertake research and focus on innovation

BY JYOTI VERMA

Dr. Kiran Mazumdar-Shaw holds an honours degree in Zoology from Bengaluru University and a Masters in Brewing Technology from Ballarat University, Australia. In addition to a number of Honorary Doctorates from many esteemed international universities for her exceptional contribution in the field of biotechnology, she adorns the coveted chair of Karnataka’s Vision Group on Biotechnology. Her role in integrating and bringing the government, the industrial organisations and academicians together, to elicit appreciable growth in the field of biotechnology, has been widely acclaimed and acknowledged.

SCRIPTING A SUCCESS STORY

In 1975, a pivotal year in Dr. Shaw’s life, she had just completed her brewing education in Australia. Upon her return to India, brimming with aspirations of becoming a master brewer, she encountered a harsh reality. Despite her extensive knowledge and skills, the brewing industry seemed reluctant to accept a woman in this role. However, undaunted by these obstacles, she resolved to establish her own enterprise, determined to shatter the gender stereotypes that had hindered her and demonstrate that women should never be underestimated or denied opportunities based solely on their gender. After a few years of consultancy assignments, she was invited by an Irish corporator, Leslie Auchincloss, Founder of Biocon Biochemicals, who foresaw her potential and zeal in the field, as a partner in the new venture Biocon India to produce enzymes used in paper manufacturing, production of alcohol and other such products, which soon earned business in the lucrative markets of the United States and Europe.

In a significant turn of events, the ownership stake in the company, once held by Leslie Auchincloss, transitioned to Unilever in 1989, then to Imperial Chemical Industries in 1997, and ultimately found its way into the hands of Dr. Shaw’s husband. His involvement in the management proved to be a turning point in her entrepreneurial journey.

A FIRST-GENERATION ENTREPRENEUR

The first-generation entrepreneur, global business leader and billionaire, in a recent interview, opened up about the struggles she faced and the “foolish courage” that led her to start the biotech company. She was only 25, had no business experience, and only INR 10,000 in her bank account. She was high risk in the eyes of everyone that she had to meet, starting with bankers. She just wanted a credit line and in those days, there was no venture funding; it was debt finance. She wanted a loan and a credit line, making things impossible for her. Then, bankers wanted her father to step in as a guarantor.

Once the finances were sorted, Dr. Shaw faced problems in hiring people, as people did not want to work for a woman. Her first two employees were retired tractor mechanics who needed a job desperately. Things began to change soon and a few years later she was able to hire some of her best talents.Today, Biocon has become one of the largest employers in the region, with an 11,000-plus workforce, and is a pioneer of Bengaluru’s technology hub, and Dr. Shaw’s name has become synonymous with the biotech industry in India. When the banks refused to lend her money, she developed a business model based on revenues and profits, rather than venture capital. This model gave her the cash flow to fund the research and production of pharmaceutical drugs.

Under the visionary leadership of Dr. Shaw, Biocon has transformed into a well-grown, comprehensive pharmaceutical venture from its initial status of an industrial enzymes manufacturer in 1978. She was quick to spot the tremendous potential for growth in the field of biotechnology, and focused on research, particularly on diabetes, oncology and auto-immune diseases along with sale of products and rendering services. Biocon has earned the approval from the US Food & Drug Administration for the production of cholesterol-lowering molecules.

Within years, Biocon has become one of the prominent producers of orally consumed insulin globally. It has Asia’s largest insulin factory in Malaysia’s Johor region. In February 2022, Biocon Biologics inked a deal to acquire the biosimilars business of Viatris, an American healthcare firm, for $3.3 billion. In April 2023, vaccine billionaire Dr. Cyrus S. Poonawalla’s Serum Institute of Life Sciences doubled its investment in Biocon Biologics to $300 million.

ACCOMPLISHMENTS

Today, Dr. Shaw is more than just an business leader; she is recognised as a global thought leader and a change maker. Throughout Biocon’s incredible growth, she has been driven by her ambition to create a business that would leverage science for the benefit of society. Biocon is leading efforts to provide affordable insulin for patients around the world.

She has received two of India’s highest civilian honours. In 2023, she became a member of the Court of Regents at Royal College of Surgeons of Edinburgh, which has several active Regents and several Emeritus Regents. The Royal College of Surgeons of Edinburgh is a prestigious Scottish medical association and the oldest Surgical Colleges in the world with nearly 30,000 members in 100 countries.

In 2006, Mr. Anubhav Agarwal embarked on his journey within the family business, dedicating himself to growth and innovation. Recognising the significance of the food industry, he passionately delved into mastering the intricacies of his ancestral business.

Driven by innovation and a commitment to his family’s legacy, Mr. Agarwal founded BN Agritech in 2011. This visionary move marked a significant milestone in India’s edible oil industry. Over the past decade, BN Agritech has emerged as a prominent B2B edible oil manufacturer, making substantial contributions to our nation’s economic growth. His stewardship has transformed the company into a leading player in the industry.

In 2013, Mr. Agarwal pioneered the launch of the group’s flagship edible oil brand, ‘Simply Fresh,’ with the aim of catering to institutional buyers seeking affordable, healthy options. The brand quickly gained prominence for its high quality among consumers. Later, to meet the escalating demand, he strategically expanded oil production by establishing facilities in Uttar Pradesh and Gujarat in 2015 and 2016, respectively. In 2018, a state-of-the-art refinery near Kandla Port further solidified the group’s industry standing, cementing its reputation for quality and innovation.

COMMITMENT TO NATION BUILDING

Under his unwavering commitment to nation building, BN Group transcended boundaries, extending its reputation through retail brands and venturing into international markets with the inauguration of an overseas office in Singapore. Today, the BN Group embodies not just a legacy but also the philosophy of “Building Nation,” thanks to Mr. Agarwal’s resolute commitment.

A HUMBLE LEADER

Humility is a guiding principle for Mr. Agarwal. He goes to great lengths to empower others, enabling their autonomy and fostering their growth. Being a perpetual learner himself, he consistently seeks innovative methods to keep his team motivated, ensuring they have a solid and dependable footing in the constantly evolving business environment.

The leader’s talent for effective delegation not only empowers his team, but also drives their personal growth. With a people-centric approach, he champions open communication and collaboration, while encouraging a harmonious work environment where every idea is embraced with open arms.

Mr. Agarwal seamlessly blends participative and delegative approaches to steer his team. He values diverse perspectives within his team to harness the collective wisdom of the group and create a sense of ownership and commitment among team members. He firmly holds that true leadership is not just about giving orders but empowering others to take ownership. Through delegative leadership paired with accountability, he instils a sense of responsibility in the team.

CAREER MILESTONES

Mr. Agarwal has taken BN Group on an extraordinary journey from its humble beginnings in Agra’s timber industry to a dynamic powerhouse in the edible oil sector. His visionary leadership has led to significant milestones, including the establishment of cutting-edge facilities and expansive market reach. A defining moment in his tenure was the establishment of a state-of-the-art refinery near Kandla Port, which solidified his position as a leading edible oil manufacturer. Another notable milestone in his career was the creation of a cutting-edge facility situated just beyond the borders of Agra.

DRIVEN BY GOALS

Mr. Agarwal envisions expanding his group’s footprint across a spectrum of fast-moving consumer goods (FMCG) categories, spanning both B2B and B2C markets, while concurrently fortifying its global presence. Additionally, he contemplates diversifying the BN Group into a multifaceted conglomerate.

With a forward-looking perspective, Mr. Agarwal is poised to explore emerging sectors like renewable energy. Leveraging his extensive knowledge, he is steadfastly committed to making significant strides in sustainable and eco-friendly solutions, thereby paving the path for a more environmentally conscious and prosperous future.

GIVING BACK TO SOCIETY

With an unwavering commitment to sustainability and corporate responsibility, he has steered the company towards becoming the epitome of ethical business practices. Under his stellar leadership, BN Group has seamlessly woven sustainability into its DNA, making it an integral part of every facet of its operations. From developing responsible supply chains to embracing eco-conscious production processes and sustainable packaging, Mr. Agarwal’s vision transcends mere profit-making. He aims to create a positive influence on the environment as well as the communities he engages with.

The strong-minded leader tirelessly continues his journey, advocating for environmental stewardship, the conservation of resources, and innovation, all while working diligently to offer consumers nutritious and high quality products.

A REMARKABLE PROFESSIONAL JOURNEY

Mr. Ashish Aggarwal’s academic sojourn began at the prestigious Delhi University, where he attained a Bachelor’s Degree in Computer Science. He then set his sights on the Ivy League, embarking on an executive management degree at the revered Harvard Business School. Following this, he cut his teeth on numerous international projects at HCL Technologies before briefly joining Intel Corporation’s ranks in Bangalore. After a brief stint with Intel Corporation, he spent six years in the US working for several bigwigs in the corporate world.

Mr. Aggarwal’s stay in the USA proved to be a pivotal phase in his professional journey, for it offered him a plethora of opportunities to forge valuable connections, hone his technical acumen, and master the nuances of emerging technologies. He returned to India in 2011 and joined Tata Communications, the erstwhile Videsh Sanchar Nigam Limited. As the head of Business Process Management and Integration, he led his team with aplomb and steered the organisation towards uncharted territories of success.

In 2015, the leader charted his course towards entrepreneurial glory after bidding adieu to Tata Communications. His visionary spirit culminated in the establishment of ANDD Techservices Private Limited, a company aimed at empowering organisations worldwide with right technology and processes to achieve digital transformation and automation.

Under his stewardship, the company stands unwavering in its commitment to delivering maximum value to clients and employing avant-garde technologies. Also, the team’s 120-plus project completions reflect its devotion to excellence.

A TECH-SAVVY ENTREPRENEUR

Mr. Aggarwal has carved a niche for himself in the corporate world, with a specialisation in security and digital transformation programs. His extensive experience in the industry prompted him to embark on a journey of self-discovery, where he could utilise his acquired knowledge to establish a unique and independent venture. His vision to expand his company both in terms of employees and customers is a testament to his entrepreneurial prowess. Born and raised in humble beginnings, he learned the value of hard work and perseverance, which has been instrumental in managing his two businesses in California, USA, and India.

GARNERING ACCOLADES

Mr. Aggarwal’s remarkable career has been adorned with numerous accolades, marking him as an outstanding professional in his field. As a member of the Merger and Acquisition team at Tata Communications, he was recognised for his exceptional collaborative skills, receiving the prestigious ‘Collaboration Award’ from the CIO and Legal team. Additionally, his ingenuity and creativity were on full display when he was named a semi-finalist in Tata Communications’ Shape the Future competition, where he presented an innovative vision for the organisation’s future.

The determined leader’s exceptional business acumen and his ability to identify areas for improvement have resulted in significant savings, such as the $600,000 reduction in software licences achieved through his thoughtful efforts.

Mr. Aggarwal’s contribution to the latest addition to the digital transformation literature, the book – Digital Transformation and Modernization with IBM API Connect on API Administration – co-authored in 2021, has earned him further recognition as an authority in the sector.

Currently, Mr. Ashish Aggarwal leads a business program for a prominent financial institution in the United States, marking another milestone in his illustrious career.