Indravadan Modi
Indian businessman
Indravadan Ambalal Modi (18 February 1926 – 26 November 2012) was an Indian pharmaceuticals industrialist who founded Cadila Pharmaceuticals in Ahmedabad. He is popularly known as the 'Medicine Man of India' for his contribution to the pharmaceutical industry of India post independence.2
From Wikipedia’s article on Indravadan Modi (this version), CC BY-SA 4.0.
Born Feb 18, 1926, died Nov 26, 2012.1
About
Modi co-founded Cadila Laboratories in 1951 along with his childhood friend Raman Patel to offer cheaper drugs in India. In 1995, the company split into two separate entities; Raman Patel formed Cadila Healthcare while Modi named his company Cadila Pharmaceuticals.
From Wikipedia’s article on Indravadan Modi, shared under CC BY-SA 4.0.2
Companies
- Cadila PharmaceuticalsFounder4
Early life and education
Modi was born in Hansot, Bharuch. He lost his mother while he was very young and was brought up by his grandmother. He graduated in Bachelor of Science, Baroda College in 1948 and came down to Bombay for higher studies. He studied Pharmaceuticals and Fine Chemicals at University Department of Chemical Technology (UDCT). He then did a brief stint as a chief chemist in a chemical manufacturing unit before quitting to start his own venture.
From Wikipedia’s article on Indravadan Modi (this version), CC BY-SA 4.0.
Career
- Date not recordedFounded Cadila Pharmaceuticals3
Personal life
In the year 1995, Cadila Laboratories split up into Cadila Pharmaceuticals and Cadila Healthcare. Modi, owner of Cadila Pharmaceuticals, brought in his son, Rajiv Modi to take care of the business.
From Wikipedia’s article on Indravadan Modi (this version), CC BY-SA 4.0.
Philanthropy
In the year 1943, Modi's cousin died due to severe illness at the age of 18, due to lack of proper healthcare. Using this as an inspiration, he set up a Kakaba and Kala-Budh Public Charitable Trust under the Bombay Public Charitable Trust Act. Under this, he set up a 30-bed hospital in the village of Hansot to provide modern healthcare facilities to those who cannot afford it at one-third of the original rates.
The trust also aids and Gujarat Government's rural development programs.
From Wikipedia’s article on Indravadan Modi (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataIndravadan Modi on Wikidata
- 2WikipediaIndravadan Modi on Wikipedia
- 3
- 4WikidataCadila Pharmaceuticals, Founder