Early Life
Premchand Godha was born in a farming family in Rajasthan. After completing his graduation in Commerce from Ajmer, Rajasthan, he moved to Mumbai to pursue Chartered Accountancy. He qualified as a Chartered Accountant in 1971, beginning his practice.
Rise to Success
Godha's career took a significant turn in 1975 when he, along with the Bachchan family, invested in Ipca Laboratories, a struggling pharmaceutical company at the time. With his leadership, Ipca Laboratories made tremendous growth in all spheres of activities, bringing Ipca to the forefront of the Indian Pharmaceutical industry. Godha has been a Director of Ipca Laboratories Ltd. since 1975 and has been the Managing Director of the company since March 1983.
Key Business Strategies
Under Godha's leadership, Ipca Laboratories focused on manufacturing formulations, bulk drugs, and drug intermediates. The company expanded its operations globally, exporting to over 100 countries. Ipca Laboratories has established itself in key areas like diabetes, anti-malarial, pain management, and cardiovascular treatments.
Philanthropy
While specific philanthropic amounts are not available through the search results, Godha is known to be a patron of the Jain International Trade Organization, which runs training centers for students preparing for civil services.
