Meet man who worked for others for many years, then started his company which is now worth Rs 41000, he is..From 2003 to 2014, Glenmark's revenue soared from ₹260 crores to ₹6,010.37 crores, with 66% of its income derived from international markets. That dream, conceived in 1977, laid the foundation for what is today Glenmark Pharma, a company valued at an astonishing ₹41,000 crores. Born in the picturesque village of Saligao, Goa, Gracias Saldanha named his company Glenmark after his two sons, Glenn and Mark. Despite its international-sounding name, Glenmark Pharma is a true Indian success story. With strategic research and four major out-licensing deals, Glenmark became India’s fifth-largest pharmaceutical company by 2008, with a valuation of ₹8,160 crores.

Source: dna August 08, 2024 01:28 UTC