Indian billionaire entrepreneur Kiran Mazumdar-Shaw is the first Indian woman Foreign Member of the National Academy of Engineering (NAE) in 55 years. This is for her development of affordable biopharmaceuticals and the biotechnology industry in India. Election to the NAE is among the highest professional distinctions accorded to an engineer.

Shaw is a pioneer of the Indian biotech sector. She is the founder-chairperson of Biocon. It is a Bengaluru-based biopharmaceutical company. She also holds key positions in various educational, government and industry positions. She is also a member of a high-level expert board of India’s Department of Biotechnology.

Also: Five Leadership Lessons to Learn From Kiran Mazumdar Shaw

Indian billionaire entrepreneur Kiran Mazumdar-Shaw is the first Indian woman Foreign Member of the National Academy of Engineering in 55 years.

The newly elected class was formally inducted during a ceremony at the NAE’s annual meeting in Washington DC on October 6. “This is a huge honour. I am humbled to be elected to an institution that provides the leadership and expertise for numerous projects focused on the relationships between engineering, technology, and the quality of life.” Kiran Mazumdar-Shaw said.

Her achievements

Fierce Biotech ranked her among the world’s most influential people in biopharma.

She was also named in Forbes magazine’s ‘World’s 100 Most Powerful Women’ and Fortune’s ‘Top 25 Most Powerful Women in the Asia-Pacific region’.

That’s not all. In the ‘Medicine Maker Power List’ 2018, she was ranked one in the Business Captains category.

The list is an index of the 100 most influential people the world over in medicine. Since 2015, Shaw has been among the top 10 in the list. She was elected a foreign member of the Royal Swedish Academy of Engineering Sciences in 2006.

She has also established a 1,400-bed medical centre in Bengaluru. It is specially designed to deliver affordable cancer care to patients. She also led to the inception of a non-profit research institute dedicated to treating diseases.

Some of her powerful quotes:

  • “One of my objectives, when I started Biocon, was to make sure that I create a company for women scientists to pursue a vocation.”
  • “I want to be remembered as someone who put India on the scientific map of the world in terms of large innovation. I want to be remembered for making a difference in global healthcare. And I want to be remembered as someone who did make a difference to social-economic development in India.”
  • “As you become more successful, the gender barrier disappears. The credibility challenges you have during your growing up years starts disappearing when you start demonstrating success.”
  • “I really believe that entrepreneurship is about being able to face failure, manage failure and succeed after failing.”
  • “An entrepreneur’s life is always a continuous journey.”
  • “One of my objectives, when I started Biocon, was to make sure that I create a company for women scientists to pursue a vocation.”
  • “Invent rules and tenets for yourself.”

“As you become more successful, the gender barrier disappears. The credibility challenges you have during your growing up years starts disappearing when you start demonstrating success.”

At an event in Delhi in April, she had said “My journey has been of taking risks, leverage technical and innovative Indian talent base to make a global impact.”

She also highlighted the fact that she always believed in giving back to communities by investing in them. “Your communities must enjoy the fruit of your prosperity.”

Also: Entrepreneurship Lessons From Kiran Mazumdar Shaw

Get the best of SheThePeople delivered to your inbox - subscribe to Our Power Breakfast Newsletter. Follow us on Twitter , Instagram , Facebook and on YouTube, and stay in the know of women who are standing up, speaking out, and leading change.