Words matter. These are the best Dilip Shanghvi Quotes, and they’re great for sharing with your friends.
I have never seen myself as a promoter. I always evaluate myself as a manager.
There is no sense in getting excited by market cap because it is a tool.
Sun Pharma’s relationship with AML is on an arm’s-length basis. As investors have expressed concerns regarding this arrangement, we are in the process of evaluating various options for undertaking domestic formulation business.
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.
Taro will continue to exist as an independent company.
India is a large market where our focus will be to grow faster than the market and add few percentage points to our market share every year.
I like to win without fighting. But if I can’t, then I’m prepared to fight.
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.
I am not comfortable at all with this tag of being dubbed ‘the richest Indian’ and all the attention that follows for the reason.
If I look myself as a manager, I have lot more to learn.
Innovation requires a novel approach to scientific problem solving, higher level of resource commitments over much longer time durations.
Generally, we have competed with ourselves… because I feel that if I compete against somebody, it causes stress. I don’t want the process of growth to be stressful.
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.
A board of directors that cannot produce reliable audited financial statements for almost seven years simply should not remain in office.
The reason we don’t give a date by which we will acquire something is because we don’t want to create pressure on ourselves to buy something.
Sun is seeking some products that we don’t have or technologies that we don’t have.
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.