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Women and Entrepreneurship

            

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Kiran Mazumdar Shaw Contd...

We also provide information on the market, a strategy, a future," said Rakesh Bamzai, vice-president, marketing, Biocon. Mazumdar enjoyed art and regularly visited art galleries and exhibitions. In 2001 she released her first book, "Ale and Arty," a coffee table book about brewing beer. The book contained reprints of paintings by some of India's best artists, like Jatin Das, Gurudas Chenoy, T.M Aziz, etc. Mazumdar won a number of awards. Prominent among them were the Padmashri in 1989 and the Rotary Award for Best Model Employer.

She also won the M. Visweswariah Award in 2002 for her achievements as an industrialist and her contribution to society. Mazumdar also held positions in industry councils. She was Vice President of the Association of Women Entrepreneurs of Karnataka (AWAKE) and the chairperson of the Vision Group on Biotechnology in Karnataka, which was charged with formulating the state's Biotech policy. Under Mazumdar's leadership, Biocon grew from a small business in the garage of her house to becoming the largest biotech company in India. She was able to achieve this by attracting and retaining the best talent in the country. She said that she was able to achieve this success because of her belief in the field, her magnificent team of people who shared her passion and her determination, and her desire to succeed.

Mazumdar wanted to make Biocon a global bio-therapeutics company which developed innovative and proprietary products and technologies. She believed that Biocon would achieve this position around 2005.

Shahnaz Husain
Shahnaz Husain (Shahnaz) was another successful woman entrepreneur of India. She popularized herbal treatments for beauty and health problems. Her company, Shahnaz Husain Herbals, was the largest of its kind in the world and had a strong presence in over 100 countries, from the US to Asia. By 2002, the Shahnaz Husain Group had over 650 salons around the world, employing about 4200 people.

The net worth of the Group was $100 million. Shahnaz Husain was born into a royal Muslim family which originally came from Samarkand (in Pakistan) and later held important posts in the princely kingdoms of Bhopal and Hyderabad before India's independence. Shahnaz's father, Justice N.U Beg, was a progressive man who instilled in her a love for poetry and English literature. Shahnaz Husain received her schooling in an Irish convent. A western education coupled with a traditional family background gave Shahnaz Husain wide exposure and developed her into a well rounded personality.

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Case Details

Case Code : LDEN013
Themes: Corporate Social Responsibility, Woman Entrepreneurs
Case Length : 13 Pages
Period : -
Organization : Mahila Griha Udyog, Balaji Telefilms Limited, Biocon
Pub Date : 2003
Teaching Note : Available
Countries : India
Industry : Varied

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