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" Innovation and commerce are as powerful tools for creating social progress as they are for driving technological advancement. "

Kiran Mazumdar-Shaw

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" I've had many failures in terms of technological... business... and even research failures. I really believe that entrepreneurship is about being able to face failure, manage failure and succeed after failing. "

Kiran Mazumdar-Shaw

" I was greatly inspired by my late father, who was a well-known name in the brewing industry. It was he who encouraged me to take the road less traversed and gave me the confidence to pursue my path of entrepreneurship. "

Kiran Mazumdar-Shaw

" In Vedic times, we had the great quest for the unknown. We did wonderful things; we celebrate our past vigyaan and our wonderful heritage of science and technology of the Vedic times. "

Kiran Mazumdar-Shaw

" India is a fertile ground for entrepreneurs, given its large pool of world-class talent and resources. India's ability to generate wealth and create social good will come if we let entrepreneurs flourish by encouraging and enabling innovation. "

Kiran Mazumdar-Shaw

" I do serve on various boards and I'm very honest and frank, obviously. I am a very forthright person and I do, sort of, share my candid views on anything. "

Kiran Mazumdar-Shaw

" One of my objectives when I started Biocon was to make sure that I create a company for women scientists to pursue a vocation. "

Kiran Mazumdar-Shaw

" As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and became very good at it. "

Kiran Mazumdar-Shaw

" I am very passionate about India's place in bio-pharmaceuticals, and that is what I really want to drive and create leadership for in India because I really think it is possible. "

Kiran Mazumdar-Shaw

" My passion for innovation and my interest in the 'business of science' has seen Biocon commercialize many innovative platforms and products. "

Kiran Mazumdar-Shaw

" I have a great team who has helped me build Biocon, I was very fortunate to be able to share my vision with a group of people who really were as excited about challenges as I was. "

Kiran Mazumdar-Shaw

" In India, I personally believe yes, there is a clear fear of unknown; there's a lot of risk aversions in science and technology. They want predictability in everything they do, and it starts from people. It starts from investors. It starts from the regulators. You see that mindset across the society. "

Kiran Mazumdar-Shaw

" Biocon is on a journey of making impact on global healthcare. I have to make sure that I have one in five persons who needs insulin therapy to use a Biocon product - that is my dream. "

Kiran Mazumdar-Shaw

" You have to build a culture of philanthropy. In a country like India, we need to be sensitive and caring about the poorer, more disadvantaged section of our country. "

Kiran Mazumdar-Shaw

" I think, in terms of corporate philosophy, I've always believed that you've got to treat people in a very very egalitarian manner in the sense I like to treat people on a one-to-one basis. And I like people to take on a lot of responsibilities because I think with a sense of responsibility also comes a sense of purpose. "

Kiran Mazumdar-Shaw

" The brewing industry is a very, very male dominated industry. It's a male bastion. "

Kiran Mazumdar-Shaw

" Unfortunately, our stock is somehow not well understood by the markets. The market compares us with generic companies. We need to look at Biocon as a bellwether stock. A stock that is differentiated, a stock that is focused on R&D, and a very, very strong balance sheet with huge value drivers at the end of it. "

Kiran Mazumdar-Shaw

" I have successfully challenged the Western world's existing model of pharmaceutical innovation, which leads to the creation of monopolistic markets for novel, life-saving drugs that deliver high margins at low volumes. "

Kiran Mazumdar-Shaw

" Inherently, I have a social conscience which my late father inculcated in me. He was not exactly a very wealthy man, but he was very concerned about the underprivileged, about the people who didn't have equal opportunities. "

Kiran Mazumdar-Shaw

" I don't know whether I can call myself a visionary. "

Kiran Mazumdar-Shaw

" It was a chance encounter with a biotech entrepreneur from Ireland that got me started as an entrepreneur in India, because I partnered this Irish company in setting up India's first biotech company. "

Kiran Mazumdar-Shaw

" People believe that art and science are two distinct realms. It is far from the truth because, if you look at science from a microscope or from a different lens, you can see the beauty in science. It is very artistic. "

Kiran Mazumdar-Shaw

" It is always nice to reflect on how one started. "

Kiran Mazumdar-Shaw

" I want to make sure that our bio-similars capture a huge market share and help cancer patients around the world, which we are already doing in the developing world because we didn't have access to these drugs. Biocon enjoys a large reputation of giving them high-quality cancer drug. "

Kiran Mazumdar-Shaw

" I faced a number of challenges whilst I built Biocon. Initially, I had credibility challenges where I couldn't get banks to fund me; I couldn't recruit people to work for a woman boss. Even in the businesses where I had to procure raw materials, they didn't want to deal with women. "

Kiran Mazumdar-Shaw

" Indian business women like Indra Nooyi, Chanda Kochhar, Naina Lal Kidwai, Shikha Sharma, Swati Piramal, Anu Agha, Swati Piramal, Sulajja Firodia Motwani and Zia Mody have put India on the global firmament. "

Kiran Mazumdar-Shaw

" I belong to the breed of first-generation entrepreneurs who have basically created our enterprises with very frugal resources. "

Kiran Mazumdar-Shaw

" Once you start succeeding, you start dreaming big. For me, it was that way. "

Kiran Mazumdar-Shaw

" I hate the title of being called 'the richest woman in India,' but it's the recognition that this was the value that I had created as a woman entrepreneur, and that makes me very, very proud. "

Kiran Mazumdar-Shaw

" I owe my drive and determination to my upbringing, which instilled in me a set of values that make me who I am. "

Kiran Mazumdar-Shaw

" What really got me focused on cancer was when my best friend was diagnosed with breast cancer, and even though she was a well-to-do person, I found that her treatment costs were crippling. "

Kiran Mazumdar-Shaw