Habil Khorakiwala

Habil Khorakiwala
Born1942
Bombay, Bombay presidency, British India
NationalityIndian
Alma materPurdue University, Harvard Business School
OccupationFounder chairman of Wockhardt
Children3

Habil Khorakiwala is the founder and Chairman of Indian multinational pharmaceutical and biotechnology company Wockhardt.[1] He founded Wockhardt in 1967,[2] which since then has grown into one of the top Indian makers of generic drugs, formulations, biopharmaceuticals, nutrition products, vaccines, active pharmaceutical ingredients (APIs) and a chain of advanced Super Speciality Hospitals.[3]

Early life and education

Habil Khorakiwala was born in a Dawoodi Bohra family of Bombay (now Mumbai) in 1942.[4] His father Fakhruddin T. Khorakiwala was the founder of India's first departmental store 'Akbarallys' and also the former Sheriff of Mumbai.[5] He has three children who are handling different divisions of Wockhardt.[6]

He graduated in pharmacy from L.M. College in Ahmedabad and then did a master's degree in Pharmaceutical Science from Purdue University, and an Advanced Management Programme at Harvard Business School, USA.[7]

Career

Habil Khorakiwala founded Wockhardt Limited in 1967 after taking over his father's Worli Chemical Works.[2][8] It started as a small firm with only 20 employees, making over-the-counter drugs. Since then, Wockhardt Limited has grown into a multinational pharmaceutical and biotechnology firm with manufacturing facilities around the world and more than 7,000 employees.[9] In December 2014, he was appointed as the Chancellor of Jamia Hamdard University.[10] He has also served as Sweden's honorary consul general in Mumbai.[8]

Honours and awards

  • In 2010, Purdue University awarded him an honorary Doctor of Pharmacy degree.[9]
  • Young Entrepreneur of the Year award in the field of health care and life sciences[9]
  • Award for Excellence as Top CEO from the Institute of Marketing and Management, New Delhi[9]
  • Shiromani Vikas Award for "outstanding and inspiring contributions toward national development"[9]

Bibliography

  • Odyssey of Courage[11]

References

  1. ^ "Habil Khorakiwala And The Power Of Calm". Forbes India. Retrieved 2023-01-03.
  2. ^ a b "Profile: Habil Khorakiwala". Forbes.
  3. ^ "Wockhardt – Who we are".
  4. ^ Patel, Aakar (16 May 2010). "The Muslim businessmen of India". DNA. Retrieved 10 October 2022.
  5. ^ "Founder of Akbarallys dead". Hindu. 6 July 2011. Retrieved 11 October 2022.
  6. ^ Bhalla, Kriti (6 July 2022). "From Nadars to Premjis to Ambanis — here are the 10 biggest father-children run businesses in India". Business Insider India. Retrieved 10 October 2022.
  7. ^ "Chairmans profile" (PDF). Wockhardt.
  8. ^ a b "How Wockhardt transformed from a defaulter to market favourite". NDTV. 16 August 2012. Retrieved 11 October 2022.
  9. ^ a b c d e "2010 Honorary Degree". Purdue University.
  10. ^ "Medical science push for Jamia Hamdard". Hindustan Times. 10 December 2014. Retrieved 11 October 2022.
  11. ^ Dobhal, Shailesh (13 February 2018). "'Odyssey of Courage' book review: Habil Khorakiwala's high five". Business Standard. Retrieved 10 October 2022.