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Emerging markets to be third pillar of our business: Cadila's Sharvil Patel

Q&As with Cadila Healthcare's new MD and his father Pankaj, from whom he took over

Sharvil Patel takes over as Cadila Healthcare MD
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Cadila Healthcare Chairman Pankaj R Patel and his son and MD Sharvil Patel

Sohini Das
Pankaj R Patel passed on the baton of Cadila Healthcare to his 38-year old son Sharvil Patel, who joined the business around two decades ago. Zydus has been planning this transition since the last decade and had also appointed a consultant to help with the same. Pankaj, who took the company from its modest beginnings of Rs 250 crore in 1995 to Rs 9,600 crore in financial year (FY) 2016-17, would mostly be mentoring. He will continue to be the chairman while Sharvil is now the managing director. Sharvil, a PhD holder from the University of Sunderland for his work