Dilip Shanghvi Managing Director Sun Pharmaceutical Industries Limited
Dilip Shanghvi is the Managing Director of Sun Pharmaceutical Industries Ltd. (Market capitalization of USD 30 billion as of February 2016). Sun Pharma is the world's fifth largest specialty generic pharmaceutical company and India's top pharmaceutical company. It provides high-quality, affordable medicines trusted by customers and patients in over 150 countries across the world. Sun Pharma's global presence is supported by 49 manufacturing facilities spread across 6 continents, R&D centers across the globe and a multi-cultural workforce comprising over 50 nationalities. The consolidated revenues 2015 were at US$ 4.5 billion, of which US contributed US$ 2.2 billion. In India, the company enjoys leadership with 30 brands featuring amongst top 300 pharmaceutical brands of the country. Its footprint across emerging markets covers over 100 countries and 6 markets in Western Europe. Its Global Consumer Healthcare business is ranked amongst top 10 across 4 global markets. Sun Pharma fosters excellence through innovation supported by strong R&D capabilities comprising 2000 scientists and R&D investments of over 7% of annual revenues. Sun Pharma, as a start-up, had a first year sales of USD 0.02 million in 1983. Mr. Shanghvi is also Chairman and Managing Director of Sun Pharmaceutical Advanced Research Company Ltd. (SPARC, market capitalization of over USD 800 million as of February 2016); an international pharmaceutical company engaged in research and development of drugs and delivery systems. SPARC, created in 2007 by the demerger of innovative business from Sun Pharma, is the first pure R&D company to be listed on Indian stock exchanges. Mr. Shanghvi also owns, in his individual capacity, several private investment companies that invest in emerging technology areas. He is a former President of Indian Pharmaceutical Alliance (IPA).
Awards and Recognitions
PADMA SHRI – 2016 (Fourth highest civilian award - Govt. of India)
NDTV Business Leadership Award - Pharmaceutical – 2016
Forbes Entrepreneur for the year – 2014
Outstanding Business Leader of the Year - 2014, CNBC – TV18
The Economic Times Business Leader of the Year, 2014