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Dileep Shanghvi

Dileep Shanghvi is an Indian billionaire businessman who founded Sun Pharmaceutical Industries in 1982. Over the decades, he grew the company through strategic acquisitions to become the largest pharmaceutical company in India and among the top five largest generic drug makers globally. Some of his major acquisitions include Ranbaxy Laboratories for $4 billion in 2014, making Sun Pharma the largest Indian pharma company in the US. Shanghvi was awarded the Padma Shri in 2016 for his contributions to the pharmaceutical industry in India.

Leadership & Management◦
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SUBMITTED TO – Dr. SNEH P. DANIEL SUBMITTED BY- BHANU PRATAP SINGH ID NO.- 16BBAAB008 CLASS- BBA(Hons.) AGRI. BUSINESS MANAGEMENT SEMESTER- 2ND SUBJECT- ORGANISATIONAL BEHAVIOR TOPIC- DILEEP SHANGHVI SAM HIGGINBOTTOM UNIVERSITY OF AGRICULTURE TECHNOLOGY AND SCIENCES JOSEPH INSTITUTE OF BUSINESS STUDIES SESSION:- 2016-17
About Dileep Shanghvi Famous as- Founder of Sun Pharmaceuticals Nationality- Indian Born on - 01 October 1955 AD Age- 61 Years Sun Sign- Libra Born in- Amreli, Gujarat, India Spouse/Partner - Vibha D Shanghvi Children- Aalok Shangvi & Vidhi Shanghvi Net worth- $17.5 billion Awards- 2016 Padma Shri 2011 - CNN-IBN Indian of the Year in Business
Childhood & Early Life • Dileep Shanghvi was born on 1 October 1955 in Amreli, a small town in Gujarat, India, to Shantilal N. Shanghvi and his wife Kumud. His father was a wholesale drug distributor. • He completed his schooling from J. J. Ajmera High School following which he graduated from Bhawanipur Education Society College. He then proceeded to earn a Bachelor of Commerce degree from the University of Calcutta.
ABOUT SUN PHARMACEUTICALS • He established Sun Pharmaceutical Industries in Vapi, Gujarat, in 1982 & by the end of 1990s company has already established its own pharmaceuticals lab. • In early 1990s the company had also begun exporting to neighboring countries. In 1994, the company went public. • In 1996, he bought a drug manufacturing plant of Knoll Pharma in Ahmednagar, Maharashtra—his first acquisition.By this time he was also able to export in 24 countries. • In 1997, Sun Pharma made its first international acquisition. • Between 1999 and 2012, he acquired more than a dozen companies and brands.
Cont. • In 2007, he began the procedure to acquire Israel's Taro Pharmaceutical Industries and managed to finally purchase it in 2010 following a three-year takeover battle & helped to double its revenue to more than $1 billion. • In March 2014, the US Food and Drug Administration banned imports from Sun Pharma’s factory in Karkhadi in Gujarat citing that the factory’s manufacturing practices were not good. • The same year Sun Pharma recalled 68,000 bottles of its antidepressant drug from the US after they failed a quality test.
Cont. • In 2014, Sun Pharma acquired generic drug rival Ranbaxy Laboratories from Japan-based pharmaceutical giant Daiichi Sankyo Co. for $4 billion. • The acquiring of Ranbaxy Laboratories made the Sun Pharmacuticals the fifth largest generics company in the world, largest Indian Pharma company in US & the largest pharmaceuticals company in the India.
Awards and Achievements • In 2011, he was presented with the ‘CNN-IBN Indian of the Year’ in the business category. • The Government of India awarded Dilip Shanghvi the Padma Shri— the fourth highest civilian award in the nation in 2016.
Personal Life & Legacy • He married to Vibha & the couple has two children: Aalok & Vidhi. VIBHA SHANGHVI VIDHI SHANGHVI AALOK SHANGHVI
Net worth • Dileep Shanghvi has an estimated net worth of US $ 17.5 billion.
Personality Characters of Dileep Shanghvi • Dileep Shanghvi is a good planner. • He is a good leader. • He never give up. As when the business of Dileep Shanghvi was getting in loss in 2013, he tried his best & applied his best strategies and at last he succeeded due to which he also got an Padma Shri Award in 2016.
Sources of the Information • Wikipedia.org/wiki/dileep-shanghvi • www.sunpharma.com/profile • www.sunpharma.com
Dileep Shanghvi