Indravadan modi biography channel

More Menu.

Indravadan modi biography channel

Auto Auto News. Auto Components. Products Durables. Energy Power. Services Advertising. The Economic Times daily newspaper is available online now. Read Today's Paper. Vishal Dutta. Rate Story. Follow us. Font Size Abc Small. The company focused on providing innovative products every two years. While Modi was one of the founder of the company, his wife, Shilaben was the first employee of Cadila Laboratories.

She inspired her husband to enter into the business of Gripe Water, the first indigenous Gripe Water made in the country. Modi, owner of Cadila Pharmaceuticals, brought in his son, Rajiv Modi to take care of the business. In the year , Modi's cousin died due to severe illness at the age of 18, due to lack of proper healthcare. Under this, he set up a bed hospital in the village of Hansot to provide modern healthcare facilities to those who cannot afford it at one-third of the original rates.

The trust also aids and Gujarat Government's rural development programs. In his last days, Indravadan Modi developed a lung disease which started deteriorating and was put on a ventilator for the last 9 days. On November 26, , Indravadan Modi succumbed to the infection. He was cremated in Cadila's campus of Dholka , near Ahmedabad. Contents move to sidebar hide.

Article Talk. At the dawn of Independence in , the Indian industrial scene was dominated by multinationals and a few large Indian business houses. Pharmaceutical Industry was still not part of this big league in which the large Indian business houses had a strong presence. Their success was remarkable because they accomplished what they set out to do despite odds against them.

They had to fight entry barriers. Access to latest technologies was difficult. They faced paucity of financial capital. The going was very tough. Yet they did not beat a retreat from Entrepreneurial activity and helped create wealth for the country. Combining the traditional Gujarati spirit of enterprise with hard work and ingenuity, Mr.

Modi dared to venture into business of making medicines and succeeded. And he exploded the prevailing myth that drug-making is beyond the capacity of Indian companies. And now at 85, Mr. Modi physically resilient and in good health is busy working with the same zeal and drive to realize yet another dream: Transform CPL into a global company in real sense.

Today, Cadila Pharmaceuticals Ltd. CPL is one of the largest privately held pharmaceutical companies in India. An integrated healthcare solutions provider, it caters to over 50 therapeutic areas. The company has one of the best Research and Development setups in India, manned by more than three hundred scientists and engineers from various disciplines including biology, pharmacology, clinical research, chemistry, toxicology, phytochemistry and different disciplines of engineering.

The idea to manufacture medicines germinated in Mr. Completing his graduation, Modi had a brief stint as chief chemist in a chemical manufacturing unit. But the idea of doing something on his own was so irresistible that he quit the job. He realized his dream when he launched Cadila Laboratories in as a partnership firm with a school friend.

A true visionary and ever willing to learn, Mr. Modi became a Pioneer Entrepreneur and a mature Entrepreneur-manager. Growth has been the single biggest theme that runs through Mr. Modi was born in Hansot on , a tiny village in Bharuch district in South Gujarat. He lost his mother early in his childhood and was brought up by his grand mother who remained his mentor throughout.

He graduated in science in Baroda and came down to Bombay for higher studies. He was neither affluent nor well connected. Yet he did not give up trying to achieve dream of becoming an Entrepreneur. It was a humble beginning. Modi started with practically nothing except a concept and some meager capital. But he had all those intangible qualities that make a creative base for entrepreneurial success: A penchant for Risk-taking.

Steely determination. A focused approach. A restless mind for innovation. Analytical skill for analyzing opportunities. An awareness to comprehend complex situations including planning and making strategic decisions. He is open-minded and flexible but also a man of dogged persistence. A man of drive and energy, self-confident and endowed with a sense of urgency to develop his business, Mr.

Retrieved 5 February Archived from the original on 27 January Retrieved 27 January Internet Archive. Archived from the original on 12 October Retrieved 30 January The New Indian Express. Retrieved 16 February Retrieved 21 October Hindustan Times. The Independent. Archived from the original on 24 January Archived from the original on 3 February Retrieved 6 February The Wire.

Retrieved 24 May Archived from the original on 12 February Retrieved 12 February Archived from the original on 30 January Human Rights Watch. Free Press Journal. Archived from the original on 14 February Retrieved 14 February Retrieved 15 February Archived from the original on 16 February Deccan Herald. Archived from the original on 29 January