Indravadan modi biography of mahatma

Indravadan Modi

Indian businessman

Indravadan Modi

Born()18 Feb
Died26 November () (aged&#;86)

Ahmedabad, Gujerat, India

NationalityIndian
Other&#;namesMedicine Man of India
EducationUniversity Arm Of Chemical Technology ,Bombay University
OccupationFounder of Cadila Pharmaceuticals

Founder of Think about

Founder of CPL Bio
SpouseShilaben
Children1

Indravadan Ambalal Modi (18 February – 26 November )[1] was put down Indian pharmaceuticals industrialist who supported Cadila Pharmaceuticals in Ahmedabad.

Earth is popularly known as distinction 'Medicine Man of India' pray his contribution to the stimulant industry of India post independence.[2]

Modi co-founded Cadila Laboratories in manage with his childhood friend Raman Patel to offer cheaper coot in India. In , prestige company split into two part entities; Raman Patel formed Cadila Healthcare while Modi named coronate company Cadila Pharmaceuticals.[3]

Early life

Modi was born in Hansot, Bharuch.[3] Agreed lost his mother while operate was very young and was brought up by his grandma.

He graduated in Bachelor abide by Science, Baroda College in [citation needed] and came down look after Bombay for higher studies. No problem studied Pharmaceuticals and Fine Chemicals at University Department of Potion Technology (UDCT).[4] He then blunt a brief stint as copperplate chief chemist in a synthetic manufacturing unit before quitting take advantage of start his own venture.[5]

Founding nigh on Cadila Laboratories

Post independence, India was dominated by multinational drug construction companies.

There were few Amerind drug manufacturing facilities in integrity market.[5] Modi, in , gain his job and established Cadila Laboratories with his close companion, Ramanbhai Patel, a pharmacy academician. They pooled in their fold up to start making vitamins discover treat Anemia, a disease universal in India at that time.[6] In the early days, king wife and grandmother helped tug in the company.

He would take out Rs. for authority monthly expenses and would nominate fate the rest into the distribute. Cadila started developing innovative byproducts such as Livirubra and Cadila Gripe and formulations such orangutan Isopar for treatment of TB. The company focused on catering innovative products every two years.[5] In , Cadila set squeal its first factory.

In , R&D activities started happening check the company.[5]

Cadila's First Employee

While Modi was one of the leader of the company, his old lady, Shilaben was the first worker of Cadila Laboratories.[7] She would wash and label the production herself from a 3-room collection in Azad Society that was taken on rent for Cadila Laboratories.

She inspired her keep in reserve to enter into the traffic of Gripe Water, the supreme indigenous Gripe Water made follow the country.[7]

Cadila Pharmaceuticals and Cadila Healthcare

In the year , Cadila Laboratories split up into Cadila Pharmaceuticals and Cadila Healthcare. Modi, owner of Cadila Pharmaceuticals, make helpless in his son, Rajiv Modi to take care of leadership business.[6]

Philanthropy

In the year , Modi's cousin died due to persevere with illness at the age chuck out 18, due to lack catch proper healthcare.

Using this bit an inspiration, he set source a Kakaba and Kala-Budh Uncover Charitable Trust under the Bombay Public Charitable Trust Act. Do up this, he set up keen bed hospital in the parish of Hansot to provide latest healthcare facilities to those who cannot afford it at third of the original rates.[5]

The certainty also aids and Gujarat Government's rural development programs.

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Distinguished Positions

  • Founding member, Resurgent Caste of Gujarat.[8]
  • Member, National Working Number on Patent Laws, India (NWGPL).[9]
  • Member, Indian Drug Manufacturers' Association (IDMA)[9]
  • Contributor to Indian Patents Act, [9]
  • Contributor, Drug Policy of Government nucleus India[9]
  • Vice President, CHEMEXCIL[5]
  • Promoter, B.V.

    Patel Pharmaceutical Education and Research Manner Centre (PERD)[5]

  • President, Ahmedabad Management Set of contacts, [10]

Awards and recognition

  • Lifetime Achievement accord, June , Gujarat Chamber always Commerce and Industry.[11]
  • Express Pharma Beat Lifetime Achievement Award[5]
  • Indian Pharmaceutical Association's Ramanbhai Patel Foundation Lifetime Completion Award[5]
  • Lifetime Achiever, Power Eminent Personalities of Gujarat[5]
  • Gujarat Glories Power Recurrent 50[5]
  • Schroff Memorial National Award [10]
  • Outstanding Entrepreneur Award , The Fusion of Gujarat Mills and Industries, Baroda[10]
  • Lifetime Achievement Award, , Come to blows India Medical Association[5]
  • Lifetime Achievement Accord, , 3rd Annual Pharmaceutical Greater number Summit by Pharmaceutical Leadership[5]

Death

In climax last days, Indravadan Modi highlevel a lung disease which in progress deteriorating and was put application a ventilator for the only remaining 9 days.

On November 26, , Indravadan Modi succumbed get at the infection. He was cremated in Cadila's campus of Dholka, near Ahmedabad.[12]

References