COVID-19 Will ‘Reboot’ The World Into Virtual Reality

By Kiran Mazumdar Shaw - Executive Chairperson Biocon The seismic events unleashed by the COVID-19 pandemic will have a powerful impact on the world we live in, changing it in ways we had never imagined were possible. The economic damage is likely to be unprecedented. The world economy, worth USD 90 trillion at the start … Continue reading COVID-19 Will ‘Reboot’ The World Into Virtual Reality

A Well-intentioned Budget, But Needed to Do More to Jumpstart the Economy

By Kiran Mazumdar-Shaw, CMD, Biocon Finance Minister Nirmala Sitharaman’s Budget 2020 was directionally sound but needed to do more to jumpstart a stalling Indian economy. The Budget aims to boost business confidence for India Inc. through various measures, including the proposal for a tax payers’ charter to prevent harassment by officials, increasing the investment limit … Continue reading A Well-intentioned Budget, But Needed to Do More to Jumpstart the Economy

Invest in Innovation

Kiran Mazumdar Shaw on Expectations from the Union Budget 2020 The budget provides a great opportunity to promote research and innovation in India. The country needs to invest in innovation to harness its potential for tackling the economic challenges confronting us today. This year's budget can provide adequate funding for the development of the kind … Continue reading Invest in Innovation

NDA 2.0 MUST IMPLEMENT & EXECUTE 5-YEAR STRAT PLAN ENVISIONED IN NDA 1.0

The Narendra Modi-led National Democratic Alliance (NDA) had swept the polls in 2014 on a promise of inclusive economic development – “Sabka Saath, Sabka Vikaas”. Mr Modi has continued with this winning streak in 2019, leading the NDA to another sweeping victory. In its first 5-year term, the NDA developed an economic agenda that sought … Continue reading NDA 2.0 MUST IMPLEMENT & EXECUTE 5-YEAR STRAT PLAN ENVISIONED IN NDA 1.0

My address to Biocon Women Employees on International Women’s Day 2019

Today, as the first women employee of Biocon, I celebrate a lot of things done right at Biocon in last 40 years. When I started Biocon in 1978, there were very few women keen in business space.  I was perhaps the first tech startup in India because IT came to India a little later after … Continue reading My address to Biocon Women Employees on International Women’s Day 2019

2018 – A Year When Healthcare in India Got a Booster Shot

2018 has been a happening year for healthcare in India. Developments such as the launch of the government’s flagship universal healthcare program, Ayushman Bharat; the insurance regulator's direction to insurers to cover mental illness; the heightened focus on public screening of non-communicable diseases, all  point to the fact that healthcare is starting to get the … Continue reading 2018 – A Year When Healthcare in India Got a Booster Shot

REALISING THE GAME CHANGING POTENTIAL OF NHPS

The NDA government’s announcement of a health insurance scheme covering 500 million poor and needy Indians is indeed laudable. An estimated 75 million Indians are driven to bankruptcy and poverty each year because they have to pay over 60% of hospitalisation costs out of their own pockets. Given the dismal healthcare scenario, the NHPS can … Continue reading REALISING THE GAME CHANGING POTENTIAL OF NHPS

2017 – A Landmark Year for Indian Science

By Kiran Mazumdar Shaw, CMD,  Biocon 2017 has been an exciting year for science in India. From unheralded incremental innovations to Big Bang headline-grabbing global feats, Indian scientists have done some very important work to push the frontiers of science during the year. India researchers made significant contributions to R&D across a broad spectrum of … Continue reading 2017 – A Landmark Year for Indian Science