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Group Project

On
Case Study On Entrepreneur
Sudhir Mehta (Torrent Pharma)

Submitted to:
Prof. Shahir Bhatt

Submitted By:
Dr. Abhishek Agrawal (151301)
Anurag Mehta (151312)

Brief Profile:After the demise of his father, late Shri UN Mehta, the responsibility of nurturing the saplings
of business initiatives he had sown, came on his elder son's shoulders. The training he got
from his father while he was still studying proved advantageous although he was formally
inducted into the business in the early 70s.
Born in 1954, Sudhir Mehta believes that "Problems are Opportunities."
He had been a firm pillar of support for Shri UN Mehta at crucial junctures, when the first
manufacturing plant was commissioned in Vatva and the first export orders were received by
Torrent Pharmaceuticals. With his own brand of dynamism, backed by the experience of his
father aiding him, Shri Sudhir Mehta consolidated on the initial success of the Company to
lay emphasis on exports. He also initiated the diversification of the Torrent Group into the
power sector single handedly.
With his business acumen and foresight, the group grew by leaps and bounds in the power
sector after acquiring the ailing Torrent Cables, followed by acquisition of stakes in AEC and
SEC, and with the success of GTEC having already been added to it.
He along with his brother Shri Samir Mehta added to the assets of the company by
establishing another pharma plant at Chattral and also commissioning a Penicillin G plant.
He took office as the Chairman of the Torrent conglomerate from April, 1998 and has put in
concerted efforts for the development and growth of Torrent.

Reasons for choosing the entrepreneur:Torrent Pharmaceuticals operates in more than 50 countries with over 1000 product
registrations globally.
Torrent Pharma is ranked amongst the top pharma companies of India. It is a dominant player
in the therapeutic areas of cardiovascular (CV), central nervous system (CNS), gastrointestinal, diabetology, anti-infective and pain management segments.

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He is carrying forward his fathers legacy. Currently being the CEO he has around 8500+
employees and revenue of the company is INR 66 billion (March 2016) while the net income
is INR 17.5 billion (March 2016). So we feel that It would be a great learning to meet and
interact with him regarding his experiences in business and its ensuing challenges.

Interview Questions:
1.

Please tell us about your education, family and birth place.

2.

What were the challenges when you were starting up Torrent pharma with your father?

3.

What were the reasons that made you feel committed to the pharma sector?

4.

What kept you going over the years?

5.

Did you follow someone as role model in pursuit of your goals?

6.

What was your financial situation when you started off with your business and what were
your family circumstances

7.

Seeing the achievements, I really want to ask about your working schedule?

8.

How your working schedule has changed over the time.

9.

What are your future plans for torrent pharma?

10. Currently what are the challenges you are facing for future growth of torrent pharma?
11. What made you feel that you have those traits to be a successful entrepreneur instead of
doing job in an organization
12. How did you evaluate opportunities in terms of critical elements for success? Is it
because of competition, the market scenario or did you have specific criteria you wanted
to meet.
13. What you perceive as strengths of your venture and weaknesses of your venture.
14. Please tell us about the culture of torrent pharma and how you inculcated this cuture in
your organization?

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15. What have the tough times taught you?


16. What is your advice to entrepreneurs?
17. What are the books you have read and who are the leaders you look up to?

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