Covid-19 will topple our paradigm of economic value

By Kiran Mazumdar-Shaw The covid-19 crisis is going to upend every economic assumption that seemed valid a few months ago. It will lead to a re-examination of the current investment mantra of giving astronomical valuations to virtual companies that create intangible assets and provide aggregator services. The narrative that traditional asset-heavy companies are inflexible, slow-moving … Continue reading Covid-19 will topple our paradigm of economic value

COVID-19 Testing & Analysis to Flatten the Curve

By Kiran Mazumdar Shaw India needs to promptly start epidemiological data collection and analysis to fine-tune its response to the COVID-19 outbreak, flatten the curve and avoid interventions that may turn out to be unnecessarily costly for the nation. Epidemiological data is very important as it can answer critical questions about how the virus is … Continue reading COVID-19 Testing & Analysis to Flatten the Curve

India must scale up its testing rates by involving accredited private labs

Interview of Kiran Mazumdar Shaw with Sharan Poovanna from Live Mint In a recent interview with Mint, Kiran Mazumdar-Shaw, CMD Biocon Ltd. and member of the working group communicating with the government on dealing with the current crisis said, "With only five people per million being tested, India has one of the lowest coronavirus testing … Continue reading India must scale up its testing rates by involving accredited private labs

How to make India ready for future coronavirus-like crises

India must combine its infectious diseases data-mining prowess with advanced medical technologies. By: Kiran Mazumdar Shaw The coronavirus pandemic is a lesson that governments worldwide ignore research into infectious diseases at their own peril. The Covid-19 outbreak has taken the world completely unawares, exposing the vulnerability of public health systems in coping with infectious disease … Continue reading How to make India ready for future coronavirus-like crises

Kiran Mazumdar-Shaw EY Entrepreneur of the Year India 2019 Award Acceptance Speech

Biocon Chairperson & Managing Director Kiran Mazumdar-Shaw has been named the EY Entrepreneur of the Year India 2019 and will now represent India at the EY World Entrepreneur of the Year Award (WEOY) in Monte Carlo from 4 – 6 June 2020. EY Entrepreneur of the Year (EOY) India Award recognizes entrepreneurs, who, with their … Continue reading Kiran Mazumdar-Shaw EY Entrepreneur of the Year India 2019 Award Acceptance Speech

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

The Giving Pledge Letter by Kiran Mazumdar-Shaw displayed at the Smithsonian National Museum of American History

In 2016, Kiran Mazumdar-Shaw became the first woman and the second Indian to sign 'The Giving Pledge' of Gates Foundation, a global initiative created by Warren Buffet and Bill & Melinda Gates wherein she gave the majority of her wealth to philanthropic causes. Ms. Shaw wants to be remembered as someone who made a difference … Continue reading The Giving Pledge Letter by Kiran Mazumdar-Shaw displayed at the Smithsonian National Museum of American History

Unleashing the Power of Women Entrepreneurs to Build a US$5-Trillion Indian Economy

  By Kiran Mazumdar-Shaw, Chairperson & Managing Director, Biocon     India is home to nearly 18% of the world’s population and women make up almost half of that number. Women thus have a crucial role to play in driving the Indian economy to the aspirational US$5-trillion milestone by 2025. Entrepreneurship remains critical to harness … Continue reading Unleashing the Power of Women Entrepreneurs to Build a US$5-Trillion Indian Economy