A Fair Budget that Balances the Needs of the Indian Economy

By Kiran Mazumdar-Shaw Finance Minister Nirmala Sitharaman has presented the nation with a balanced Budget for FY23. The Indian economy needs a steadying hand at a time when it is trying to find its feet as the tremors from the global COVID-19 pandemic recede slowly. She has prudently laid the groundwork for a gradual economic … Continue reading A Fair Budget that Balances the Needs of the Indian Economy

A Balanced Budget

By Kiran Mazumdar Shaw, Chairperson, Biocon Finance Minister Nirmala Sitharaman has delivered a Budget that ticks several boxes. The Budget focused on maintaining fiscal prudence, improving ease of doing business, boosting infrastructure, and creating a strong digital governance architecture. The economic gloom caused by the Covid-19 pandemic had raised expectations of a ‘feel good’ budget. … Continue reading A Balanced Budget

HOPE FM DELIVERS A FEEL-GOOD BUDGET

By Kiran Mazumdar-Shaw The Covid-19 pandemic has cast a gloomy outlook across the entire economy. Government coffers are depleting, Industry investments are shrinking, and citizens are being hit by inflation and job losses.  Budget 2022 is an event that everyone is hoping will deliver good news and I wish the Finance Minister will not dash our hopes! … Continue reading HOPE FM DELIVERS A FEEL-GOOD BUDGET

Budget Offers an Opportunity To Strengthen India’s R&D and Innovation Ecosystem

By Kiran Mazumdar-Shaw The Indian pharmaceutical industry has been playing a key role in improving global health through its affordable and high-quality generic medicines.  We are the third largest pharmaceuticals supplier in terms of volume, supplying 60,000 generic brands across 60 therapeutic categories worldwide. India now needs to capture value share as well. To move … Continue reading Budget Offers an Opportunity To Strengthen India’s R&D and Innovation Ecosystem

Technology holds huge promise for healthcare in India in 2022

By Kiran Mazumdar-Shaw The COVID-19 pandemic has caused a digital disruption in healthcare. It has accelerated innovation, catalysed technological breakthroughs, and created a fertile environment for the emergence of low-cost innovations anchored in affordability, and accessibility. It has also forced changes in consumer behaviour, persuaded doctors to become tech-savvy, prompted pharma companies to invest in … Continue reading Technology holds huge promise for healthcare in India in 2022

Kiran Mazumdar-Shaw’s Statement on John Shaw’s Offshore Trust

Notification to Stock Exchanges October 4, 2021 I would like to explain the situation relating to certain media reports on Pandora Papers which have referred to my husband John Shaw’s Offshore trust. I would like to state that these stories have grossly misrepresented the facts. I would therefore like to present the facts to you … Continue reading Kiran Mazumdar-Shaw’s Statement on John Shaw’s Offshore Trust

Healthcare for all must be built on the voices of all

The state of health care in India is far from optimal, a statement with which few of its 1.3 billion citizens would disagree. Even prior to the pandemic, reforming the health system was overdue, evidenced by poor health indicators, unequal delivery of quality care and inadequate protection from financial risk. Despite significant improvements in areas … Continue reading Healthcare for all must be built on the voices of all

$150-Billion Bioeconomy by 2025: Policy Prescriptions for Building a Vibrant Biotech Sector

By Kiran Mazumdar-Shaw In the face of the biggest health calamity faced by humanity in a century, India’s Bioeconomy grew over 12% to reach $70.2 billion in 2020. The biotech industry braved the challenges of Covid-19 to develop innovative solutions such as diagnostics, therapies and vaccines at speed and scale to save countless lives. India … Continue reading $150-Billion Bioeconomy by 2025: Policy Prescriptions for Building a Vibrant Biotech Sector

Women Can Bring Transformational Change in India

By Dr. Kiran Mazumdar-Shaw “There is no chance for the welfare of the world unless the condition of woman is improved. It is not possible for a bird to fly on only one wing.” – Swami Vivekananda In a country where men often dominate sports, several amazing women burst on to the stage to not only … Continue reading Women Can Bring Transformational Change in India

Prioritising Women’s & Girls’ Needs for Sexual and Reproductive Health and Family Planning Services during Covid-19 and beyond.

As part of Population Foundation of India's Conversation Series, Biocon Executive Chairperson Kiran Mazumdar-Shaw participated in a panel discussion on understanding the vulnerabilities of women and girls, and addressing issues related to sexual and reproductive health (SRH) and family planning (FP), which have been exacerbated due to the pandemic. In her remarks, she said India … Continue reading Prioritising Women’s & Girls’ Needs for Sexual and Reproductive Health and Family Planning Services during Covid-19 and beyond.