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Dilip Shanghvi [1955-0] Indian
Rank: 105
Businessman


Dilip Shanghvi is an Indian businessman and one of the richest persons in India. He founded Sun Pharmaceuticals with a partner, Pradeep Ghosh. The Government of India awarded him the civilian honour of the Padma Shri in 2016.


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Whenever you look at any potential merger or acquisition, you look at the potential to create value for your shareholders.
101
I am not comfortable at all with this tag of being dubbed 'the richest Indian' and all the attention that follows for the reason.
102
If a company is not doing well, it doesn't necessarily mean that it is not a good company.
103
Money is the outcome of my work and is incidental.
104
I have targets for business achievements; I do not have targets for acquisitions. Because if you have targets for acquisitions, you end up making compromises in terms of valuations, and you buy things because you have a target, and it is not good for business.
105
It is always a challenge to work when people have big expectations. I would much rather feel comfortable working without expectations.
106
If I look myself as a manager, I have lot more to learn.
107
Innovation requires a novel approach to scientific problem solving, higher level of resource commitments over much longer time durations.
108
After watching Taro reach the brink of bankruptcy, seeing their shares delisted from trading, hearing endless false promises about receiving audited financial statements, and witnessing an unchecked drain of company resources, the shareholders have clearly had enough.
109
A board of directors that cannot produce reliable audited financial statements for almost seven years simply should not remain in office.
110
There is no sense in getting excited by market cap because it is a tool.
111
Taro will continue to exist as an independent company.
112
Analysts estimate that emerging markets are expected to drive 90 percent of the world's pharmaceutical market growth, and differentiated products will be important to this growth.
113
I like to win without fighting. But if I can't, then I'm prepared to fight.
114
Projects can take years to exhibit proof-of-concept and a few more years to be converted into commercial realities.
115
I have never seen myself as a promoter. I always evaluate myself as a manager.
116
Personally, I feel that a company which looks at problems of other companies and learns from their mistakes is a successful one.
117
I think FDA's concerns are patient-safety.
118
Clearly in my mind, I have two distinct positions - owner and manager. So I am open to reviewing my performance as a manager as any other person in Sun Pharma.
119

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