Meet Premchand Godha, the man who transformed a struggling company into a Rs 28,000 crore pharma giant with Amitabh Bachchan

Meet the individual who, alongside Bollywood icon Amitabh Bachchan and his family, transformed a struggling company into a colossal enterprise worth Rs 28,000 crore.

Premchand Godha, originally a Chartered Accountant who once managed accounts for Amitabh Bachchan, became a business partner with the Bachchan family in 1975.

Together, they acquired a pharmaceutical company, Ipca Laboratories, founded by an Englishman in 1949. Ipca Laboratories has since evolved into a leading pharma manufacturer with an impressive market capitalization.

Premchand Godha, hailing from a family of farmers in Rajasthan, has ascended to become one of India’s wealthiest individuals.

As the current chairman of Ipca Labs, a company with a revenue of $711 million, Godha oversees the manufacturing of bulk drugs, drug intermediates, and drug formulations.

The collaboration with the Bachchan family, including Jaya Bachchan, led to the acquisition of Ipca.

At 71 years old, Premchand Godha is now a billionaire with a net worth exceeding Rs 10,800 crore ($1.3 billion).