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Kiran Muzumdar-Shaw: India's Most Famous Women Entrepreneur

Kiran Muzumdar-Shaw is an Indian billionaire entrepreneur and the chairperson and managing director of Biocon Limited, a biotechnology company based in Bangalore. She studied zoology and brewing and earned a master brewer degree but faced discrimination in seeking employment in India's brewing industry due to her gender. She co-founded Biocon Biochemicals Limited in 1978 and grew the company, focusing on developing affordable drugs and therapies for diseases prevalent in India and other developing nations. Under her leadership, Biocon has expanded its research and treatment of cancers, diabetes, and other diseases while also establishing social initiatives to improve healthcare access.

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Ekshu Sai
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398 views6 pages

Kiran Muzumdar-Shaw: India's Most Famous Women Entrepreneur

Kiran Muzumdar-Shaw is an Indian billionaire entrepreneur and the chairperson and managing director of Biocon Limited, a biotechnology company based in Bangalore. She studied zoology and brewing and earned a master brewer degree but faced discrimination in seeking employment in India's brewing industry due to her gender. She co-founded Biocon Biochemicals Limited in 1978 and grew the company, focusing on developing affordable drugs and therapies for diseases prevalent in India and other developing nations. Under her leadership, Biocon has expanded its research and treatment of cancers, diabetes, and other diseases while also establishing social initiatives to improve healthcare access.

Uploaded by

Ekshu Sai
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

India’s Most Famous Women

Entrepreneur:

KIRAN MUZUMDAR-SHAW
Good afternoon everyone, I’m Ekshu and I’m
here to talk about India’s Most Famous Women
Entrepreneur:

Kiran Muzumdar-Shaw born 23 March is an


Indian billionaire entrepreneur.She is the
chairperson and managing director
of Biocon Limited, a biotechnology
company based in Bangalore and the
chairperson of Indian Institute of
Management Bangalore.
To start about her early life and education,
Kiran Mazumdar was born to Gujarati
parents in Bangalore, She studied biology
and zoology, graduating from Bangalore
University with a bachelor's degree in
zoology. Mazumdar hoped to go to medical
school, but did not obtain a scholarship.
Mazumdar went to Federation
University (formerly University of Ballarat)
in Australia to study malting and brewing.
She was the only woman on the brewing
course, and came top of her class. She
earned the degree of master brewer.
However, when she investigated the
possibility of further work in Bangalore or
Delhi, she was told that she would not be
hired as a master brewer in India because
"It's a man's work”. She began to look
abroad, and was offered a position in
Scotland.
Before Mazumdar could move, she
met Leslie Auchincloss, founder of Biocon
Bio chemicals Limited, of Cork, Ireland.
Auchincloss’s company produced enzymes
for use in the brewing, food-packaging and
textile industries. Auchincloss was looking
for an Indian entrepreneur to help establish
an Indian subsidiary.
Mazumdar-Shaw's belief in "affordable
innovation" has been a driving philosophy
behind Biocon's expansion. Inspired by the
need for affordable drugs in less-wealthy
countries, she has looked for opportunities
to develop cost-effective techniques and
lower-cost alternatives. She has also
proposed that drug companies be cost-
sensitive in marketing to developing
countries, so that people can afford the
drugs they need, particularly chronic
therapies.
Biocon's major areas of research now
include cancer, diabetes, and other auto-
immune diseases such as arthritis. Because
of the high percentage of people in India
who chew betel or tobacco, India accounts
for 86% of oral cancer in the world. Biocon
is also working on drugs to treat psoriasis, a
skin pigment disease which can result in
social ostracization.
In 2004, Mazumdar-Shaw started a
corporate social responsibility wing at
Biocon, the Biocon Foundation. The
Foundation focuses on the areas of health,
education and infrastructure, especially in
rural areas of Karnataka which lack in
healthcare facilities.
The death of her best friend, Nilima
Rovshen, and the illnesses of her husband
and her mother with cancer, have
motivated Mazumdar-Shaw to support
cancer research and treatment. In 2009, she
established a 1,400-bed cancer care centre,
the Mazumdar-Shaw Medical Foundation,
at the Narayana Health City campus in
Bangalore, collaborating with Devi Shetty
of Narayana Hrudayalaya. Her goal is to
create a world-class cancer centre.
To highlight her concern towards
education, she collaborated with McMillan
India Limited and teacher Prathima Rao,
Mazumdar-Shaw has supported
development and use of a basic
mathematics textbook, introduced in
Kannada schools in 2006.
As of February 2014, Mazumdar-Shaw
became the first woman to head the board
of governors of the Indian Institute of
Management Bangalore (IIMB).
She is an independent director on the
board of Infosys.
She could be considered as the lady behind
the success of Biocon Int. Limited.
Today Biocon Limited’s medicines could be
reached to people at affordable rates.
Few medicines such as aspirin, insugen or
insulin in normal terms etc. are available in
market to reach the needs of people.
Her contribution towards society and social
responsibility is vast.
To sum up, I would like to say “educating a
single woman is equal to educating and
empowering a whole society” --- Ghandiji.

Thank You.

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