Press Note
Bengaluru, Karnataka, India: December 14, 2024:
Biocon Group Chairperson Kiran Mazumdar-Shaw has been conferred the prestigious Jamsetji Tata Award by the Indian Society for Quality (ISQ) for pioneering the biosciences movement in India and serving patients in India and across the world through an unwavering focus on quality, while leading Biocon to a preeminent global position.
The Jamsetji Tata Award, instituted in 2004 by ISQ, is named after Jamsetji Tata, regarded as the ‘Father of Modern Indian Industry’ and recognizes business leaders who have made significant contributions to Indian society and demonstrated focus on quality, commitment, and a record of outstanding results.
The Award was announced at the ISQ Annual Conference 2024, held in Bengaluru. Kiran Mazumdar-Shaw received the award from Janak Kumar Mehta, President of ISQ & Chairman & Managing Director, TQM International; B. Muthuraman, former Vice Chairman of Tata Steel; and Dr K.N. Subramanya, Principal of R V College of Engineering and President of ISQ’s Bengaluru Chapter.
While presenting the award to Kiran Janak Kumar Mehta, President of ISQ & Chairman & Managing Director of TQM International said: “This Lifetime achievement award is being presented to Kiran Mazumdar-Shaw for being a pioneer in the bioscience movement in India since 1978, a first-generation entrepreneur to establish Biocon Limited and associated companies to serve customers in India and across the world. This award is actually awarded to those who have done not only good for their own company, but for the society on the whole. It is a recognition of your outstanding work and bringing India to the map of the world.”
Biocon Group Chairperson Kiran Mazumdar-Shaw said: “I am deeply honoured and humbled to accept the 2024 Jamsetji Tata Award instituted by ISQ. This award holds a very special meaning to me as it is named after one of India’s greatest visionaries —a man whose legacy of excellence, innovation, and nation-building continues to inspire us all. Jamsetji Tata’s commitment to quality and his belief in the transformative power of industry to serve society resonate deeply with my own journey. At Biocon, we are continuously striving to refine and enhance our activities and processes with the aim of assuring the highest quality of products and services. This Award is a testament to the collective effort of an exceptional team of individuals at the Biocon Group who share my passion for excellence.”
Kiran Mazumdar-Shaw is a pioneering biotech entrepreneur, a healthcare visionary, a global influencer, and a passionate philanthropist. As founder of Biocon, an innovation-led global biopharmaceuticals enterprise, her vision and work have drawn global recognition both for Indian industry and her company. The impact she has made as a leading woman in science has made her a role model globally. She is committed to equitable access to healthcare through affordable innovation as she pursues a path of making a difference to billions of lives globally.
Kiran Mazumdar-Shaw’s inspiring achievements have earned her several coveted titles and awards, both national and international. She has been recognized with two of India’s highest civilian honours, the Padma Shri (1989) and the Padma Bhushan (2005). She has been conferred with the Order of Australia, Australia’s highest civilian honour, in 2020 and appointed Knight of the National Order of the French Legion of Honour in 2016. She was named EY World Entrepreneur of the Year in 2020. In 2014, she was honoured with the Othmer Gold Medal by the U.S.-based Chemical Heritage Foundation. The same year, the Kiel Institute for the World Economy, Germany, awarded her the Global Economy Prize.
ISQ is a not-for-profit society of Quality professionals, which provides a national forum for quality education and acts as an advisory. ISQ facilitates exchange of information and experience regarding Quality Management principles, technology, and practices.
The Jamsetji Tata Award is given by ISQ to industry leaders who have made significant contribution to the Indian society through their work of leading on organization with exceptional and holistic focus on quality. Previous winners of the Award include Nandan Nilekani, Co-Founder and Chairman of Infosys; T.V. Narendran, CEO & Managing Director Tata Steel; Jairam Varadaraj, Managing Director of Elgi Equipments Ltd.
About Biocon Limited:
Biocon Limited, publicly listed in 2004, (BSE code: 532523, NSE Id: BIOCON, ISIN Id: INE376G01013) is an innovation-led global biopharmaceuticals company committed to enhance affordable access to complex therapies for chronic conditions like diabetes, cancer and autoimmune. It has developed and commercialized novel biologics, biosimilars, and complex small molecule APIs in India and several key global markets as well as Generic Formulations in the U.S., Europe & key emerging markets. It also has a pipeline of promising novel assets in immunotherapy under development. Website: www.biocon.com Follow-us on X ( formerly Twitter) @bioconlimited and LinkedIn: Biocon Limited for company updates.
About ISQ
Indian Society for Quality (ISQ) is a not-for profit society established in 1996 to fill the need for a national forum for interaction among quality professionals, leaders, practitioners and academicians. ISQ is a nonpartisan, independent body that attracts and invites individual members from business organizations, health care and educational institutions, government agencies and NGOs. Members share their knowledge and learn from each other. ISQ is thus engaged in both creating and disseminating knowledge. Its mission is to “Contribute to the thriving of humanity in a healthy planet” ISQ is well linked to similar national quality bodies in other countries. It is a board member from its very inception and has represented India in the Asian Network for Quality (ANQ). ISQ is a national partner for Quality Sustainability Award promoted by International Academy for Quality. ISQ is the face of India in the world of quality. To know more, please visit www.isqnet.org
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