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] 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. In December 2014, he was appointed as the Chancellor of Jamia Hamdard University.[8] He has also served as Sweden's honorary consul general in Mumbai.[9]
Honours and awards
- In 2010, Purdue University awarded him an honorary Doctor of Pharmacy degree.[10]
- Young Entrepreneur of the Year award in the field of health care and life sciences[10]
- Award for Excellence as Top CEO from the Institute of Marketing and Management, New Delhi[10]
- Shiromani Vikas Award for "outstanding and inspiring contributions toward national development"[10]
Bibliography
- Odyssey of Courage[11]
References
- Habil Khorakiwala And The Power Of Calm Forbes India, retrieved 2023-01-03^
- Profile: Habil Khorakiwala Forbes^
- Wockhardt – Who we are^
- Aakar Patel. The Muslim businessmen of India DNA, 16 May 2010, retrieved 10 October 2022^
- Founder of Akbarallys dead Hindu, 6 July 2011, retrieved 11 October 2022^
- Kriti Bhalla. From Nadars to Premjis to Ambanis — here are the 10 biggest father-children run businesses in India Business Insider India, 6 July 2022, retrieved 10 October 2022^
- Chairmans profile Wockhardt^
- Medical science push for Jamia Hamdard Hindustan Times, 10 December 2014, retrieved 11 October 2022^
- How Wockhardt transformed from a defaulter to market favourite NDTV, 16 August 2012, retrieved 11 October 2022^
- 2010 Honorary Degree Purdue University^
- Shailesh Dobhal. 'Odyssey of Courage' book review: Habil Khorakiwala's high five Business Standard, 13 February 2018, retrieved 10 October 2022^