Suresh G Kare, Chairman, Indoco Remedies has completed 50 years of visionary leadership. He took the reins of Indoco Remedies 50 years ago, i.e on July 2, 1963 at the age of 24. His visionary leadership has been instrumental in achievements of many significant milestones for the company during these 50 glorious years.
Born in Margao-Goa on January 9, 1939, he is blessed with his father’s principles and mother’s values. He completed his school education in Goa and university education in Mumbai. Thereafter, he joined his father’s business of marketing pharmaceutical in Goa and then moved to Mumbai as the Managing Director of Indoco Remedies.
Under his able guidance, the company progressed steadily with a strong presence in the Indian pharma market and is well recognised as a reliable source for products and services to generic companies across the globe. Over a period of time, Kare has created an impressive manufacturing base consisting of eight facilities spread across India.
Kare’s administrative and organisational capabilities, his persistent efforts, astute decision making and creativity have all been responsible for taking Indoco to greater heights. The way in which he expanded the company by investing in infrastructure, marketing activities, and strategically tapping opportunities across the globe, is an inspiring story for young entrepreneurs.
For 50 long years, Kare has ceaselessly strived for the development and progress of the company and the pharma industry. Kare has been the past President of the Indian Drug Manufacturers’ Association (IDMA) and an active member of the Indian Pharmaceutical Association (IPA). Through these organisations he has represented the pharma industry on many government committees.
Kare is associated with many social, cultural and educational institutions in Mumbai and Goa. He is the President of The Goa Hindu Association’s Sneha Mandir, a modern home for the aged at Bandora-Goa and the Managing Trustee of ‘Suresh-Kare Indoco Foundation’, a charitable trust established to promote higher education and social upliftment to deserving students.
Recently Kare has been honoured with the ‘Udyog Shree Jeevan Gaurav Sanman’ (Lifetime Achievement Award) for his noteworthy contribution to business and industry. In the past, Kare has received various awards such as ‘Pharma Business and Technology Excellence Award 2004’, Lifetime Achievement Award by Pharma Summit Mumbai, ‘Saraswat Chaitanya Gaurav Award’ by Saraswat Prakashan, ‘Jeevan Gaurav Puraskar’ by Unnayan, a social organisation, ‘Best Industrialist-2011 Award’ by Lokmat Goa and ‘Lifetime Achievement Award’ by The Goa State Industries Association. He is also the first recipient of ‘Lifetime Achievement Award’ instituted by the Maharashtra Chamber of Commerce.
In 2011, ‘Karenama’ a book on the life of Kare was released. The book has short stories and incidents in his life that moulded his personality and made him the visionary that he is today.
EP News Bureau – Mumbai