K. I. Varaprasad Reddy: Difference between revisions
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{{Short description|Indian businessperson}} |
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{{Use dmy dates|date=February 2023}} |
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{{Use Indian English|date=May 2018}} |
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{{Infobox person |
{{Infobox person |
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| name = K I Varaprasad Reddy |
| name = K I Varaprasad Reddy |
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| birth_date = {{Birth date and age|df=yes| |
| birth_date = {{Birth date and age|df=yes|1948|11|17}} |
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| birth_place = Papireddy Palem, [[Nellore district]], [[Andhra Pradesh]] |
| birth_place = Papireddy Palem, [[Nellore district]], [[Andhra Pradesh]], [[India]] |
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| occupation = Chairman of [[Shantha Biotechnics|Shanta Biotechnics]] |
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| known_for = Founder of vaccine manufacturing company [[Shantha Biotechnics]] |
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| notable_works = |
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| residence = [[Hyderabad]], [[Telangana]] |
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'''Koduru Ishwara Varaprasad Reddy ''' (born |
'''Koduru Ishwara Varaprasad Reddy ''' (born 17 November 1948) is an Indian [[entrepreneur]] and founder of vaccine manufacturing company [[Shantha Biotechnics]].<ref>{{Cite news|url=http://1nellore.com/931/dr-koduru-varaprasad-reddy-shantha-biotechnics-ltd/|title=Padma Bhushan Dr. Koduru Varaprasad Reddy, Shantha Biotechnics Ltd|date=2011-12-03|work=1nellore.com|access-date=2017-10-11|language=en-US}}</ref> The Govt of India awarded him the Padma Bhushan award in 2005 for his contribution in the field of science and engineering.<ref name=nellore>{{cite web|url=http://1nellore.com/931/dr-koduru-varaprasad-reddy-shantha-biotechnics-ltd/|title= Padma Bhushan Dr. Koduru Varaprasad Reddy, Shantha Biotechnics Ltd}}</ref> He also received an honorary doctorate from Sri Venkateshwara University, Gitam University, and Vignan University for his pioneering efforts.<ref name =bus_std_1>{{cite web|url=http://www.business-standard.com/article/opinion/lunch-with-bs-varaprasad-reddy-110011200024_1.html|title= Lunch with BS: Varaprasad Reddy}}</ref> |
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==Early life== |
==Early life== |
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Dr. K.I Varaprasad Reddy was born in an agriculture family from Papireddy Palem village in Nellore district. He was the only child to his parents |
Dr. K.I Varaprasad Reddy was born in an agriculture family from Papireddy Palem village in Nellore district. He was the only child to his parents Mr Venkata Ramana Reddy and Mrs Shanthamma.<ref name=bus_std>{{cite web|url=http://www.business-standard.com/article/companies/leaving-its-troubles-behind-shantha-makes-a-fresh-start-115031601112_1.html | title=Leaving its troubles behind, Shantha makes a fresh start}}</ref> With Bachelor of Science degree from Sri Venkateshwara University in 1967, he did his Engineering (Electronics & Communication) from Andhra University – 1970. After which he pursued a Diploma in Computer Sciences from Biblingen University, West Germany in 1971. He also got his master's degree in Business Administration from Osmania University.<ref name=bookadda>{{cite web|url= https://www.bookadda.com/books/people-nellore-k-varaprasad-reddy-books-group-1158262256-9781158262250|title= People from Nellore: K. I. Varaprasad Reddy, Mahe Jabeen, G. V. Prasad, Pattabhirami Reddy Tikkavarapu, Duvvoori Ramireddy}}</ref> |
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With Bachelor of Science degree from Sri Venkateshwara University in 1967, he did his Engineering (Electronics & Communication) from Andhra University - 1970. After which he pursued a Diploma in Computer Sciences from Biblingen University, West Germany in 1971. He also got his Masters in Business Administration Degree from Osmania University.<ref name=bookadda>{{cite web|url= https://www.bookadda.com/books/people-nellore-k-varaprasad-reddy-books-group-1158262256-9781158262250|title= People from Nellore: K. I. Varaprasad Reddy, Mahe Jabeen, G. V. Prasad, Pattabhirami Reddy Tikkavarapu, Duvvoori Ramireddy}}</ref> |
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An electronics engineer by profession, |
An electronics engineer by profession, Varaprasad worked as a defense scientist for 7 years.<ref>{{cite web|url= http://indiatoday.intoday.in/story/scientists-show-how-wildest-of-ideas-can-become-moneyspinners/1/265107.html|title= Day of the dreamer|date= 19 October 1998}}</ref> after which he worked for APIDC (Andhra Pradesh Industrial Development Corporation). He has become entrepreneur by joining Hyderabad Batteries Ltd in the year 1985. This company developed and produced batteries for high technology based batteries for Defence applications.<ref name="bookadda"/> |
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== Shantha Biotechnics Limited== |
== Shantha Biotechnics Limited== |
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In 1990, he attended a WHO conference in Geneva and he heard some critical remarks about India not being capable of developing a vaccine for Hepatitis B. The disease kills around 350,000 people every year in the country.<ref name="bus_std_1"/> |
In 1990, he attended a WHO conference in Geneva and he heard some critical remarks about India not being capable of developing a vaccine for Hepatitis B. The disease kills around 350,000 people every year in the country.<ref name="bus_std_1"/> |
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He |
He was not pleased with what he heard and started Shantha Biotechnics Ltd with a mission to produce cost-effective vaccines that would be available for the common man, while still maintaining international quality standards.<ref name=kkmachi>{{cite web|url= http://www.kothikommachi.com/varaprasad.php |title= Dr.Varaprasad Reddy}}</ref> |
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Reddy established Shantha Biotechnics Ltd. in 1993 and served as the Managing Director and the Chief Executive Officer. He serves as an Advisor of RAS Lifesciences Pvt. Ltd.<ref name=bloomberg>{{cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=27530285&privcapId=4097461|title=Company Overview of Shantha Biotechnics Pvt. Ltd.}}</ref> |
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==Personal life== |
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Reddy maintains a strict yoga regimen and he is a big fan of music. He personally funded many projects like the Annamayya project and published various books on music, musicians and also humour. |
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==Other activities== |
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He also launched a magazine, Haasam, in 2001 but the project was shut down in October 2005. The main aim was to improve the spirit of Telugu art, literature and humour alive. It later branched out into Haasam Publications, in May 2004. One of the famous books they published was about late director Jandyala, written by [[Tanikella Bharani]].<ref>{{cite web|url= http://www.thehindu.com/2005/12/21/stories/2005122120560200.htm|title= The right vaccine to perfect health}}</ref> |
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He supported Yoga for training many yoga teachers for spreading the yoga culture. He also launched a magazine, Haasam and ran for 5 years. The main aim was to propagate the spirit of Telugu art, literature and humour and music. Now under Haasam Publications many books were published and continuing to publish on the subjects of Music, Humour and spirituality. Some of the well known books are Autobiography of Bharta Ratna M S Subbulakshmi and Mallapudi Venkataramana's Kothi Kommachi etc., |
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== Awards == |
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Haasam Publications also published the autobiography of Dr [[Mullapudi Venkata Ramana]], in three parts, Kothi Kommachi, (In)Kothi Kommachi, and, Mukkothi Kommachi.<ref>{{cite web|url= http://www.kothikommachi.com/about.php| title= About Us}}</ref> |
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He was awarded with Life Time Achievement Award by the HMTV Business Excellence Awards function in 2018, Hyderabad. <ref>{{Cite web |last=India |first=The Hans |date=2018-02-13 |title=This award makes me happy: Varaprasad Reddy |url=https://www.thehansindia.com/posts/index/Business/2018-02-13/This-award-makes-me-happyVaraprasad-Reddy/358714 |access-date=2024-07-08 |website=www.thehansindia.com |language=en}}</ref> |
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==References== |
==References== |
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{{Reflist |
{{Reflist}} |
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{{DEFAULTSORT:Reddy, Varaprasad}} |
{{DEFAULTSORT:Reddy, K. I. Varaprasad}} |
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[[Category:1948 births]] |
[[Category:1948 births]] |
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[[Category:Indian publishers (people)]] |
[[Category:Indian publishers (people)]] |
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[[Category:Indian industrialists]] |
[[Category:Indian industrialists]] |
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[[Category:Living people]] |
[[Category:Living people]] |
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{{India-business-bio-stub}} |
Latest revision as of 21:20, 30 November 2024
K I Varaprasad Reddy | |
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Born | |
Occupation | Chairman of Shanta Biotechnics |
Known for | Founder of vaccine manufacturing company Shantha Biotechnics |
Parents |
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Awards | Padma Bhushan |
Koduru Ishwara Varaprasad Reddy (born 17 November 1948) is an Indian entrepreneur and founder of vaccine manufacturing company Shantha Biotechnics.[1] The Govt of India awarded him the Padma Bhushan award in 2005 for his contribution in the field of science and engineering.[2] He also received an honorary doctorate from Sri Venkateshwara University, Gitam University, and Vignan University for his pioneering efforts.[3]
Early life
[edit]Dr. K.I Varaprasad Reddy was born in an agriculture family from Papireddy Palem village in Nellore district. He was the only child to his parents Mr Venkata Ramana Reddy and Mrs Shanthamma.[4] With Bachelor of Science degree from Sri Venkateshwara University in 1967, he did his Engineering (Electronics & Communication) from Andhra University – 1970. After which he pursued a Diploma in Computer Sciences from Biblingen University, West Germany in 1971. He also got his master's degree in Business Administration from Osmania University.[5]
An electronics engineer by profession, Varaprasad worked as a defense scientist for 7 years.[6] after which he worked for APIDC (Andhra Pradesh Industrial Development Corporation). He has become entrepreneur by joining Hyderabad Batteries Ltd in the year 1985. This company developed and produced batteries for high technology based batteries for Defence applications.[5]
Shantha Biotechnics Limited
[edit]In 1990, he attended a WHO conference in Geneva and he heard some critical remarks about India not being capable of developing a vaccine for Hepatitis B. The disease kills around 350,000 people every year in the country.[3] He was not pleased with what he heard and started Shantha Biotechnics Ltd with a mission to produce cost-effective vaccines that would be available for the common man, while still maintaining international quality standards.[7]
Varaprasad established Shantha Biotechnics Ltd. in 1993. Shantha Biotechnics Ltd made the country's first indigenously developed recombinant hepatitis B vaccine. The vaccine, Shanvac-B, was launched in the country in 1997.[4]
Other activities
[edit]He supported Yoga for training many yoga teachers for spreading the yoga culture. He also launched a magazine, Haasam and ran for 5 years. The main aim was to propagate the spirit of Telugu art, literature and humour and music. Now under Haasam Publications many books were published and continuing to publish on the subjects of Music, Humour and spirituality. Some of the well known books are Autobiography of Bharta Ratna M S Subbulakshmi and Mallapudi Venkataramana's Kothi Kommachi etc.,
Awards
[edit]He was awarded with Life Time Achievement Award by the HMTV Business Excellence Awards function in 2018, Hyderabad. [8]
References
[edit]- ^ "Padma Bhushan Dr. Koduru Varaprasad Reddy, Shantha Biotechnics Ltd". 1nellore.com. 3 December 2011. Retrieved 11 October 2017.
- ^ "Padma Bhushan Dr. Koduru Varaprasad Reddy, Shantha Biotechnics Ltd".
- ^ a b "Lunch with BS: Varaprasad Reddy".
- ^ a b "Leaving its troubles behind, Shantha makes a fresh start".
- ^ a b "People from Nellore: K. I. Varaprasad Reddy, Mahe Jabeen, G. V. Prasad, Pattabhirami Reddy Tikkavarapu, Duvvoori Ramireddy".
- ^ "Day of the dreamer". 19 October 1998.
- ^ "Dr.Varaprasad Reddy".
- ^ India, The Hans (13 February 2018). "This award makes me happy: Varaprasad Reddy". www.thehansindia.com. Retrieved 8 July 2024.