Shashikantpatel

Biography

"At the helm of Plethico is Mr. Shashikant Patel. He was appointed Chairman & Managing Director in 1996 and under his guidance and strategic direction, the company has established a dominant position in the global healthcare industry and has successfully carved out a niche by focusing on the herbal and nutraceuticals segments, internationally and in India. A dynamic team builder and business strategist, Mr. Patel has been associated with the business since over 40 years. An erudite personality with vast experience in international business as well in-depth knowledge of the domestic healthcare and pharmaceutical sectors, Mr. Patel's vision, foresight and belief on the potential of the global healthcare market, has catapulted Plethico to higher echelons of growth and expansion. As soon as Mr. Patel was requested to take charge at the helm, he immediately set forth in putting in place a strong senior management team including a professional marketing team, bringing in the best talent available in the industry. Till then, Plethico was a Rs. 450 million company. Within a span of 14 years, the company's revenues grew to Rs. 15,510 million. He has evidently, been the key driving force behind the company's rapid growth. The precedent set by the infusion of professional talent into the company, is still practiced by Plethico. The company's operations are divided into strategic business units (SBU), each headed by world-class professionals responsible for setting goals for their respective SBUs. His son Chirag Patel ably assist him in steering the company. Mr. Patel is a Director with Plethico Laboratories Limited, India, Plazma Laboratories Private Limited, Rezcom Realty Private Limited, Plethico Global Holdings B. V. Netherlands, Plethico US Holdings Kft., Hungary and Plethico International Limited, UAE."

Research Interest

pharmaceutical industry.