BUSINESS LEADER OF THE YEAR

Dilip Shanghvi

It's no mean task to create India's largest and most valuable pharmaceutical company, all from scratch or should we say all with a princely sum of Rs 10,000. But Dilip Shanghvi, the Founder MD of Sun Pharmaceutical has done it and also put India's pharma power on the global map. Today, Sun Pharma is the world's fifth largest generic drug company.

What's more enviable, Mr Shanghvi has accomplished this with the right balance of organic growth, aggressive acquisition and turning around of distressed assets. From Taro to Caraco to Ranbaxy Laboratories, Dilip Shanghvi has the uncanny knack of always knowing the right price to pay for growth and ambition.

His demeanour though is stark contrast to his business style. This self-made, soft spoken business leader is intensely private and hates it when touted for his wealth.