Habil Khorakiwala is the founder and Chairman of Indian multinational pharmaceutical and biotechnology company Wockhardt.[1] He founded Wockhardt in 1967,[2] which since then has grown into one of the top Indian makers of generic drugs, formulations, biopharmaceuticals, nutrition products, vaccines, active pharmaceutical ingredients (APIs) and a chain of advanced Super Speciality Hospitals.[3]
Habil Khorakiwala | |
|---|---|
| Born | 1942 |
| Nationality | Indian |
| Alma mater | Purdue University, Harvard Business School |
| Occupation | Founder chairman of Wockhardt |
| Children | 3 |
Early life and education edit
Habil Khorakiwala was born in a Dawoodi Bohra family of Bombay (now Mumbai) in 1942.[4] His father Fakhruddin T. Khorakiwala was the founder of India's first departmental store 'Akbarallys' and also the former Sheriff of Mumbai.[5] He has three children who are handling different divisions of Wockhardt.[6]
He graduated in pharmacy from L.M. College in Ahmedabad and then did a Masters in Pharmaceutical Science from Purdue University, and an Advanced Management Programme at Harvard Business School, USA.[7]
Career edit
Habil Khorakiwala founded Wockhardt Limited in 1967 after taking over his father's Worli Chemical Works.[2][8] It started as a small firm with only 20 employees, making Over-the-counter drugs. Since then, Wockhardt Limited has grown into a multinational pharmaceutical and biotechnology firm with manufacturing facilities around the world and more than 7,000 employees.[9] In December 2014, he was appointed as the Chancellor of Jamia Hamdard University.[10] He has also served as Sweden's honorary consul general in Mumbai.[8]
Honours and awards edit
- In 2010, Purdue University awarded him an honorary Doctor of Pharmacy degree.[9]
- Young Entrepreneur of the Year award in the field of health care and life sciences[9]
- Award for Excellence as Top CEO from the Institute of Marketing and Management, New Delhi[9]
- Shiromani Vikas Award for "outstanding and inspiring contributions toward national development"[9]
Bibliography edit
- Odyssey of Courage[11]
References edit
- ^ "Habil Khorakiwala And The Power Of Calm". Forbes India. Retrieved 2023-01-03.
- ^ a b "Profile: Habil Khorakiwala". Forbes.
- ^ "Wockhardt – Who we are".
- ^ Patel, Aakar (16 May 2010). "The Muslim businessmen of India". DNA. Retrieved 10 October 2022.
- ^ "Founder of Akbarallys dead". Hindu. 6 July 2011. Retrieved 11 October 2022.
- ^ Bhalla, Kriti (6 July 2022). "From Nadars to Premjis to Ambanis — here are the 10 biggest father-children run businesses in India". Business Insider India. Retrieved 10 October 2022.
- ^ "Chairmans profile" (PDF). Wockhardt.
- ^ a b "How Wockhardt transformed from a defaulter to market favourite". NDTV. 16 August 2012. Retrieved 11 October 2022.
- ^ a b c d e "2010 Honorary Degree". Purdue University.
- ^ "Medical science push for Jamia Hamdard". Hindustan Times. 10 December 2014. Retrieved 11 October 2022.
- ^ Dobhal, Shailesh (13 February 2018). "'Odyssey of Courage' book review: Habil Khorakiwala's high five". Business Standard. Retrieved 10 October 2022.