JP Tapadia is an Indian industrialist. She is the founder and chairman of Fami Care Ltd., a healthcare company that manufactures hormonal and female reproductive health care products, including emergency contraceptives.
Contents
Wiki/Biography
JP Tapadia, also known as Jyotiprasad Tapadia, was born in 1945 (age 78 years; as in 2023).
Family
Tapadia belongs to a Marwari engineer family.
parents and siblings
There is not much information about his parents and siblings.
wife and children
JP Tapadia has two sons; However, there is not much information about his wife and marital status. His son Sanjeev Tapadia serves as Managing Director at Fami Care Limited, while his son Ashutosh Tapadia serves as Managing Director at Fami Care Limited and Anant Capital.
JP Taparia (centre) with his sons, Sanjeev Taparia (left) and Ashutosh Taparia (right)
livelihood
family care
JP Taparia worked in his extended family’s hand tool and engineering business until 1990. On 28 September 1987, Jyotiprasad ventured into entrepreneurship by founding Family Care Limited, which established itself as a global leader in the production of female oral contraceptives. Femi Care entered into a technical partnership with Lirasoynd of Finland in 1991, following which it achieved a significant milestone by becoming the first Indian pharmaceutical company to provide contraceptive devices to the Government of India. In 1996, Taparia’s sons, Sanjeev Taparia and Ashutosh Taparia, joined Famy Care and helped the company move beyond intrauterine devices (IUDs) by identifying the need for oral contraceptive pills, which were also in high demand from the Government of India. . The creation of Mala D, an oral contraceptive pill taken to delay or reduce menstruation, proved to be a successful move. Following the success of Mala D tablets, Famy Care began exporting its products to other Asian and African countries. The company’s operations grew rapidly and in 2010, private equity firm AIF Capital invested $40 million for a 17.5% stake in the business. Fami Care’s strategy was to provide a diverse range of contraceptive options, starting with injections, progressing to oral pills and eventually condoms. This focus on diversification and expansion of product offerings has been a key factor in the company’s success in the industry.
director
JP Taparia has served as Director of various companies including Gyan Plantations Pvt Ltd (2 May 1995 – 13 August 2022), Kenpac Pharma Pvt Ltd (4 July 1997 – 9 September 2022), Integrated Eduteam Solutions Pvt Ltd (26 April 2011 – 12) Have worked in. October 2019), Everplus Estates Limited Liability Partnership (18 June 2013 – 9 January 2022), and Tarkesh Pharma Pvt Ltd (14 June 2022 – 30 March 2023).
Facts/General Knowledge
- In March 2023, the Taparia family created history by securing India’s most expensive apartment deal ever. He bought a luxurious sea-view triplex apartment from the 26th to 28th floors in Lodha Malabar Residential Tower, located in the prestigious Malabar Hill area of South Mumbai, for more than Rs. 369 crores. The prime location is located opposite the Governor’s estate, with spectacular views of the Arabian Sea and the Hanging Gardens. Registration for the deal took place on March 29, 2023, and the family raised approximately Rs. Paid stamp duty of Rs. Rs 19.07 crore for its registration.
- The Taparia family is one of the highest tax paying families in India.
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Categories: Biography
Source: vcmp.edu.vn