ET Family Business Awards: Torrent Pharma drives growth through acquisitions and innovation
Aman Mehta is guiding Torrent Pharmaceuticals through a significant period of growth and strategic change. He is driving the company's expansion through acquisitions, notably the purchase of JB Chemicals. This move positions Torrent Pharma for a p...
Under his leadership, Torrent Pharma ensured organic and inorganic growth, and strategic in-licensing that fuelled significant market share expansion. He also led a turnaround in cardiac and diabetes portfolio with improvement in performance and ranking along with the launch of the consumer health division.Also read: Varun Beverages: Genie out of the bottle, grants a wish to all stakeholders
His leadership has brought close alignment of R&D with business strategy, with a focus on differentiated product development and faster execution of critical projects - the latest example of success being oral semaglutide.
"In today's modern and disruptive world, the only way to survive and thrive is to keep up with latest trends and trying to stay ahead," said Mehta. "You will not stay ahead all of the time, as competition is intense, but it's the few right calls that make the difference. Our goal as the nextgen is to maximise percentage of right calls versus wrong."
On the strengths of family-owned enterprises, Mehta said they tend to be more long-term focused.
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