Learning from auto sector on reducing attrition rates: Sun Pharma MD

Dilip Shanghvi cited the example of auto components manufacturer Motherson Sumi, which has only 2% attrition rate

Dilip Shanghvi, MD, Sun Pharmaceutical Industries. | Photo: Suryakant Niwate
Dilip Shanghvi, MD, Sun Pharmaceutical Industries announces the sealing of merger deal with Ranbaxy, in Mumbai (pic: Suryakant Niwate)
Aneesh Phadnis Mumbai
Last Updated : Feb 24 2018 | 12:03 AM IST
Sun Pharmaceuticals Industries Managing Director Dilip Shanghvi on Friday said he is studying the ways of auto sector to reduce staff attrition and improve quality.
 
Shanghvi cited the example of auto components manufacturer Motherson Sumi, which has only two per cent attrition rate, while speaking at a panel discussion in Mumbai.

"We want to learn what makes the company (Motherson Sumi) so successful and do better with what we are doing today," Shanghvi said.

V C Seghal, Motherson Sumi chairman, is an independent board member of Sun Pharma.

Staff attrition, especially in the quality department, is another area of concern for drug makers. Industry-wide attrition rates in quality department are 20-30 per cent.

Sun Pharma Industries, which is India's largest drugmaker by sales, is among the companies that have faced FDA rap for violations in their manufacturing practices. The FDA action has forced local manufacturers to increase automation and do more capacity building.

Shanghvi said the company had learnt from its mistakes and was focused on developing good quality drugs.

"I have learnt a lot and that has made me much more humble," he said responding to a query on changes he made personally in the last two years.

Other companies too are taking measures to better train employees and retain talent.

Meanwhile, Cipla Managing Director Umang Vohra remarked the attrition rate of women employees was lower than the male employees and the company was devising measures like flexible work hours and offering creches to encourage women to continue with employment.

Cadila Healthcare Managing Director Sharvil Patel said the company has tied up with pharmacy colleges in Ahmedabad to train and equip graduates for employment in the sector.

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