We forecast that by financial year 2019 our revenues will be $1 billion with 25 percent coming from research and 75 percent from rest of our business. Kiran Mazumdar-Shaw More Quotes by Kiran Mazumdar-Shaw More Quotes From Kiran Mazumdar-Shaw I want to be remembered as someone who put India on the scientific map of the world in terms of large innovation. I want to be remembered for making a difference to global healthcare. And I want to be remembered as someone who did make a difference to social economic development in India. Kiran Mazumdar-Shaw innovation entrepreneur differences I really believe that entrepreneurship is about being able to face failure, manage failure and succeed after failing. Kiran Mazumdar-Shaw able faces believe As you become more successful, the gender barrier disappears. The credibility challenges you have during your growing up years starts disappearing when you start demonstrating success. Kiran Mazumdar-Shaw growing-up successful years An entrepreneur's life is always a continuous journey. Kiran Mazumdar-Shaw entrepreneur journey life-is One of my objectives when I started Biocon was to make sure that I create a company for women scientists to pursue a vocation. Kiran Mazumdar-Shaw vocation scientist company My passion for innovation and my interest in the 'business of science' has seen Biocon commercialize many innovative platforms and products. Kiran Mazumdar-Shaw platforms innovation passion I faced a number of challenges whilst I built Biocon. Initially, I had credibility challenges where I couldn't get banks to fund me; I couldn't recruit people to work for a woman boss. Even in the businesses where I had to procure raw materials, they didn't want to deal with women. Kiran Mazumdar-Shaw boss numbers people I have never let gender get in my way. Kiran Mazumdar-Shaw gender my-way way My legacy is going to be in affordable health care. I am willing to invest in developing that model and the policies around it. Kiran Mazumdar-Shaw affordable legacy care Today anything can be done - we have the techniques Kiran Mazumdar-Shaw technique done today I have a great team who has helped me build Biocon, I was very fortunate to be able to share my vision with a group of people who really were as excited about challenges as I was. Kiran Mazumdar-Shaw team challenges people I hate the title of being called the richest woman in India, but it's the recognition that this was the value that I had created as a woman entrepreneur and that makes me very, very proud. Kiran Mazumdar-Shaw entrepreneur india hate I have never let gender get in my way. It has taken me over 30 years to get from a garage to the huge campus that we have today. And it's been a long journey. Kiran Mazumdar-Shaw taken journey years Indian business women like Indra Nooyi, Chanda Kochhar, Naina Lal Kidwai, Shikha Sharma, Swati Piramal, Anu Agha, Swati Piramal, Sulajja Firodia Motwani and Zia Mody have put India on the global firmament. Kiran Mazumdar-Shaw business-woman firmament india As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and became very good at it. Kiran Mazumdar-Shaw innovation risk india If you think about brewing, it is biotechnology. And I would say that I was a technologist at heart. So whether I... fermented beer or whether I fermented enzymes, the base technology was the same. Kiran Mazumdar-Shaw beer heart thinking You have to build a culture of philanthropy. In a country like India, we need to be sensitive and caring about the poorer, more disadvantaged section of our country. Kiran Mazumdar-Shaw india caring country The brewing industry is a very, very male dominated industry. It's a male bastion. Kiran Mazumdar-Shaw brewing males industry Unfortunately our stock is somehow not well understood by the markets. The market compares us with generic companies. We need to look at Biocon as a bellwether stock. A stock that is differentiated, a stock that is focused on R&D, and a very-very strong balance sheet with huge value drivers at the end of it. Kiran Mazumdar-Shaw balance strong needs My father was a brew master. He was the one who I was very close to, he influenced me in many many ways including my pursuing a career as a brew master. Kiran Mazumdar-Shaw careers father way
