He belongs to Gujarat and is the seventh richest pharmaceutical billionaire in India.
Samir Mehta is an Indian billionaire businessman who runs a multinational pharmaceutical company called Torrent Pharmaceuticals. He is the president of the company, which is part of the Torrent Group managed by him and his brother Sudhir Mehta. He has a master's degree from the BK School of Business Management.
Torrent Pharma was founded by his late father, Uttambhai Nathalal Mehta, who was a salesman at Swiss pharmaceutical giant Sandoz. The company has a core market capitalization of Rs 63,357 as on September 15, 2023. The company's per piece price was Rs 1,865.35 on September 15 on NSE.
According to Forbes, Samir has a real-time net worth of Rs 33.23 billion as of September 17, 2023. He belongs to Gujarat and is the seventh richest pharmaceutical billionaire in India, according to the Forbes World Billionaires List. He derives most of his wealth from Torrent Pharma. He also has a stake in Torrent Power, which supplies electricity to over 38 lakh customers in Gujarat and two other states. He is supervised by Jinal, the son of his elder brother Sudhir. Samir's sons Aman and Shaan also work in the pharmaceutical business.
Samir's emphasis on professional organizational design, precise execution and operational efficiency has built a strong and globally competitive generic business platform at Torrent Pharma. Mehta has also guided the Group's entry and growth in the energy sector.
