Dilip Shanghvi is an Indian billionaire businessman

one of the country's richest people. He founded Sun Pharmaceuticals 

The Government of India awarded him the civilian honour of the Padma Shri in 2016 

India Today magazine ranked him 8th in India's most powerful people of 2017 list 

According to Forbes, as of October 2021, Shanghvi is the 14th richest person in India with a net worth of US$14.3 billion 

Shanghvi often confused as a Jain originally belongs to a Gujarati Hindu Vaishnav Kapol Vania family settled in Kolkata 

He was born in the small town of Amreli in the Indian state of Gujarat, the son of Shantilal Shanghvi and his wife Kumud Shanghvi 

Shanghvi earned a Bachelor of Commerce degree from the University of Calcutta 

Shanghvi started by helping his father in his business, which was a wholesale dealership of medicines, mainly generic drugs, in Kolkata 

It was during this work that he thought of manufacturing his own drugs instead of selling products made by others 

In 1982, the 27-year-old Shanghvi finally opened his first manufacturing unit with a capital of INR 10,000 

He named his venture Sun Pharmaceutical Industries 

The unit, located in Vapi in his native state of Gujarat, a short drive away from Mumbai, produced exactly one psychiatry drug 

However, the business soon picked up, thanks to Shanghvi's acumen and energy, and by 1997 

Sun Pharma was even able to acquire Caraco Pharma, an American company.Sun also acquired Israel's Taro Pharma in 2007 

Shanghvi stepped down as chairman and CEO in 2012 and chose Israel Makov, formerly CEO of Teva Pharmaceuticals