subject: Kiran Mazumdar Shaw [print this page] A Motivation story of an Indian woman entrepreneur
Who is the richest woman of India as on date? If this question is asked to you what could be your reply? Yes, she is a woman Kiran Mazumdar Shaw who had made it possible to create her enormous empire through an extensive struggle history. She is said to be the only successful woman to offer India the largest biotechnology company Biocon Limited. She was born and brought up in Bangalore. Her subject was Zoology and she made B.Sc in 1973 from University of Bangalore. Subsequently she went to Australia, studied and became a master brewer from Ballart University. She started her career in Carlton & United Beverages as a trainee brewer in 1974. She had joined as an Asst. Manger in Biocon Biochemicals Ltd situated in Ireland.
Inception of Biocon
In 1978, Kiron Mazumdar Shaw founded Biocon India in Bangalore supported and collaborated by Biocon Biochemicals. Her initial investment to Biocon was Ten thousand rupees only. At the beginning, she had to cross so many hurdles and problems to arrange funds to feed her company. Biotechnology, being an uncertain subject field that time. In addition to that, she was than only a 21 years old woman entrepreneur. Therefore, it became the gray area at her end and Banks were reluctant to provide her a credit. The operation of running the business became hard day by day and in fact, she had to run behind the banks and financial institutes with her honest proposal. However, God is always good that the financial crisis was over and under her guidance, Biocon changed to a bio pharmaceuticals company. Biocon now identified as the pioneer in biotechnology in India. She made her each employee to understand the meaning of vision. Her leadership made a well-organized and proficient work force. This behavior made her the most indispensable, respectable and authoritative leadership in Biocon. Kiran Mazumar Shaw is the first woman entrepreneur showed what a woman cannot do!
The present CMD of Biocon received number of awards including Best Woman Entrepreneur, Best model Woman employer, ET Business woman, Emst & Youngs Enterpreneur Award, Outstanding Citizen Award, Technology Pioneer Award and finally the great awards Padmashri in 1989 and Padma Bhusan in 2005 from Government of India.
Conclusion
The Biocon shareholders are quite happy in her business policy and trust in her leadership that credited a great value added emotion to the organization. Biocon now engaged in R&D of vaccination of diseases like Hepatitis B, C, and Antibiotics etc. At the present days, she is regarded as the richest woman of India having wealth estimated of Rs.2100 crore in 2004.
