Why Dilip Shanghvi Shanghvi is all praise for the PM

A master strategist, Dilip Shanghvi, promoter of Sun Pharma and ET’s business leader for 2014, has come a long way from the time he built his company from ground up with a loan ofRs 10,000, borrowed from his father.

The shareholder wealth created by Sun Pharma when ETPanache went to bed on October 8 is a mind bogglingRs 1,67,000 crore. So when ET got a rare opportunity to chat with him on execution and strategy, his admiration for India’s prime minister Narendra Modi was evident. Crediting Modi for giving India a “better visibility globally,”

Shanghvi, in his typical understated demeanour, spoke about how he sees the new PM. “One thing which we’ve seen about him is that he has a clear strategy. He (Modi) focuses on strategy and his execution is significantly better… I would say that in many cases better than corporates.” Now that is a compliment, coming from a man who built Sun Pharma through a series of acquisitions, the latest being Ranbaxy.