Lalit Saraswat , Director, Baroque Pharmaceuticals
As a socially, economically, and technologically advanced state of India, Gujarat has been home to numerous intellectual minds. Recognized as one of the prominent industry stalwarts of Gujarat, Lalit Saraswat's (Director, Baroque Pharmaceuticals) contribution towards the pharma ceutical sector has been hugely acknowledged and appreciated not only across his home state or India but also at a global level. When asked about what inspired his professional voyage into the pharmaceutical domain, Lalit humbly states, "Even if Pharmacy was not a well known profession when I started my degrees in the 80s, the serendipity turned out to be a blessing because I found my vocation in this profession". He gladly admits enjoying what he has been doing since then, and this positivity is reflected in his way of working as well. Starting his career as a technical executive, a deep seated inclination towards entrepreneurship drove Lalit towards marketing and understanding the commercial side of the industry.
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Top 10 Leaders in Gujarat - 2021
Gujarat is one of the most industrialized states in India with lowest unemployment rate. The state has No.1 pharmaceutical industry in the country. Ahmedabad and Vadodara are the main pharmaceutical hubs in the state, and the state's Gross State Domestic Product (GSDP) is estimated at $259.25 billion in FY22, with an increase of seven percent year over year. It contributes to eight percent of India's GDP and is a leader in industrial sectors such as chemicals, petrochemicals, dairy, drugs & pharmaceuticals, cement & ceramics, gems & jewellery, textiles and engineering. The industrial sector of the state comprises of over 800 large industries and 453,339 MSMEs. The state received highest FDI of $21.89 billion in the country with 30 percent of the total equity inflows.
The state has implemented new industrial policy in the year 2020, which is aimed at further consolidating this momentum and enhancing the current growth rate with a mission to promote entrepreneurship and innovation in the state. The state offers a con ductive business environment, facilitated by state-of-the-art infrastructure and high ease of doing business. It is the only state in India where the industry contributes to more than 50 percent of the economy.
The state is also a growing financial hub there are 13 banks, 19 insurance companies and two international exchanges that have started to operate in Gujarat International Finance Tec city (GIFT). Being a state that propound innumerable opportunities, the land is home to many great leaders who have established their footprints by excelling in their work, exhibiting good leadership skills and contributing to the growth of their organizations.
In this issue of CEO Insights, we bring you a list of 'Top 10 Leaders in Gujarat - 2021' who have contributed to the economic development of the country. The list has been crafted by a team of CEOs, VCs and the CEO Insights editorial board, thus delivering inspiring stories of their journey and the contributions & roles played by them in the creation and empowerment of a powerful nation.
Company Logo | Company Management | Company Name | Company Description |
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Aalap Prajapati,Director | Gujarat Terce Laboratories | Recognized as a curious professional providing solutions to business challenges with excellent planning and efficient ideas |
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Ashok Vaghasiya,Owner | Krafttech Industries | Helps in protective packaging, storage of packaged products, and aesthetics of delivery packages with excellence in Risk Management |
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Dharmesh Mashru,CEO | Gujarat Apollo Industries Limited | An accomplished business professional with topnotch skills in Strategy Devising, Technical Leadership, Communication for Business Success, and People Development |
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Lalit Saraswat,Director | Baroque Pharmaceuticals | Having more than 25 Years of technical & strategic experience in pharmaceutical business, he is currently leading Baroque Pharmaceuticals to set and achieve its sustainable global goals |
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Mukesh Puri,MD | Gujarat State Fertilizers & Chemicals | An IAS officer with 32+ years of experience in public administration, he has also worked with UNICEF for over three years |
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Paraag Agrawal,Head - Business Development | Enerlytics | An excellent business development professional with impeccable skills in renewable energy monitoring, public relations, presentation, event management and video production |
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Pradeep Kumar, CEO | Gujarat Petrosynthese Limited | Has ingenious experience in leading the sector of petro synthese for sectors of Automobile Applications, Electrical Applications, Electronic Applications, Home & Industrial Applications, Telecommunication Applications and Testing Equipment |
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Rajeev Juneja,CEO | Mankind Pharma | Renowned for providing business opportunities for medicines and pharmacy, with his company leading the sector for healthy life and formulating, developing, commercializing, and delivering affordable & accessible medicines |
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Santosh Sahu, Co-Founder, Director & CEO | Gogreen Warehouses | An experienced entrepreneur, he possesses a deep passion for agriculture business and has the flair to deliver the best solutions to his customers, including the Farming communalities |
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Vatsala Vasudeva,MD | Gujarat Industries Power Company | Contributes to power production and is an IAS with cadre post of 'Principal Secretary' to the Government |
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