Entrepreneurship

Asst. Prof. Darshan Punjani - JVIMS

 Entrepreneurs from Gujarat

Asst. Prof. Darshan Punjani - JVIMS

 Azim Premji
• Founder, chairman of Wipro
• Wipro’s first business was hydrogenated cooking fats then Azim
Premji diversified the business into the business of bakery fats, hair
care soap, lighting products and hydraulic cylinders.
• Then he diversified the business into IT sector which is main
business of WIPRO now.

Asst. Prof. Darshan Punjani - JVIMS

 Entrepreneurship qualities
• Vision
• Risk-taking and decision – making ability
• Adversity
• Diversification
• Opportunity seeking and initiative
• Excellence

Asst. Prof. Darshan Punjani - JVIMS

 Dilip Sanghvi
• Founder of Sun Pharmaceutical
• Dilip Shanghvi started Sun Pharmaceutical Industries with capital of
Rs.10000 in 1982 at Vapi.
• He founded Sun Pharmaceutical in 1983 with 5 psychiatry products.
• Today it is India's largest drug maker and most valuable drug
company. Appreciation of Sun’s stock led to a 50% surge in his
personal wealth, amounting to USD 4.7 billion.

Asst. Prof. Darshan Punjani - JVIMS

 Gautam Adani
• Founder, chairman of Adani Group
• Founded the Adani Group in 1988 and diversified his business into
Resources, Logistics, Energy, Agriculture, Real-Estate, Financial
Services, Defense and Aerospace, amongst others.

Asst. Prof. Darshan Punjani - JVIMS

 Contributions to Indian and World Economy

• Adani is said to be the Infrastructure King of India diversifying from

Mines, Ports, Power-plants, Airports, Data Centers and Defense
sectors.
• In past two years he got the control of Seven Major Airports of India.
• Recently, got the contract to co-develop Port Terminal in Sri-Lanka.
• Adani is now richer than Jack Ma of China and is India’s second-
wealthiest person with a net worth of $76.7 billion.
• Gautam Adani added $50 billion to his fortune in the past year of
2020, keeping behind Elon Musk, Jeff Bezos, and Mukesh Ambani.

Asst. Prof. Darshan Punjani - JVIMS

 Uday Kotak
• Founder, MD of Kotak Bank
• Uday started his finance and bill discounting business with a seed
capital borrowed from family and friends. The major part of
investment comes from his best friend Anand Mahindra. Therefore,
the financial agency was named Kotak Mahindra.
• He transformed Kotak Mahindra Finance Limited into a Kotak Bank
in 2003 which became the first Indian non-banking finance company
to do so and received a banking license from the Reserve Bank of
India -RBI.

Asst. Prof. Darshan Punjani - JVIMS

 Pankaj Patel
• Owner of Pharmaceutical Company - Zydus Cadila
• He is the chairperson of Cadila Healthcare having the market
capitalization of more than 15000 crores., Zydus Cadila is the 5th largest
pharmaceutical company in India.
• In 2003, Pankaj Bhai was named the “Best Pharma Man of the year” by
the Foundation of Indian Industry and Economists for the recognition of
the growth of Cadila under his leadership.
• His name has also figured in the list of the most influential people in the
healthcare and pharmaceuticals sector (World Pharmaceuticals Frontiers)

Asst. Prof. Darshan Punjani - JVIMS