Aaquaries Global Industries Limited’s Director was awarded Most Promising Entrepreneur of The year at the 4th edition of The Global Excellence Awards 2023
Dr Austin D’ Souza, whole time Director of Mumbai based Aaquaries Global Industries Limited, a leading research driven customer-focused backward-integrated world-class developer and exporter of Active Pharmaceutical Ingredients (APIs) was conferred with Most Promising Entrepreneur of The year at the 4th edition of The Global Excellence Awards 2023 held on 7th May 2023 at Hotel Sahara Star, Mumbai, Maharashtra, India. Dr Austin D’ Souza received the coveted award trophy from noted Actress Madhuri Dixit. The leadership award ceremony was attended by the captains of the industry. Prominent leaders of the society, policy makers were in full attendance. Mr Nitesh Sampat, Chief Financial Officer of Aaquaries Global Industries Limited joined Dr Austin D’ Souza on stage to celebrate the successful & dynamic leadership demonstrated by Dr Austin D’ Souza.
Commenting on the award Dr Austin D’ Souza, whole time Director of Aaquaries Global Industries Limited said “I am deeply honored to receive this Award. To be recognized by my peers for work on something is very special. It is really humbling to receive the award in the presence of many stalwarts of the industry. Aaquaries Global Industries Limited is the most trusted partner of the pharmaceutical industry as a leading manufacturer & exporter of Pharmaceutical API’s..Through innovative science and manufacturing excellence, we envision to enable our customers to improve quality of life for their patients throughout the world, while creating value for our employees and team”. as the Indian pharmaceutical industry continues to grow and mature, there is a need for specialised, high-quality Active Pharmaceutical Ingredients (API) manufacturing capabilities. This is essential for both strategic and business reasons. Currently, India has high import dependency on APIs from other countries, especially China. The country imports APIs worth Rs 35,000 crore each year from China, which is dominant in APIs and intermediates. The high dependence on imports makes the country vulnerable to supply chain disruptions and price fluctuations. The Indian API industry is currently at a critical juncture, with the government’s focus on promoting self-sustained API manufacturing in the country. Both, India and China have emerged as major players in the global API market, with a large pool of skilled labour and raw material reserves. The growing geo- political conflict between the West and China has pushed the global pharma majors to source more from countries other than China. Here, India’s emergence as the alternate source of bulk drugs has been quite remarkable and the overall scenario of ‘China+1’ strategy presents a significant growth opportunity to Indian players”.
Dr. Austin is a far-sighted business leader with excellent business development skills with hands on knowledge of directing the activities of all projects. Excellent knowledge of supporting the company’s strategic alliances and participating in marketing strategies. Hands on experience of supervising employees across different departments in order to facilitate the process of production and marketing Dr Austin D’ Souza is a result driven, self-motivated and resourceful Board Director with a proven ability to develop and strengthen management teams in order to maximize company profitability and efficiency. Experienced leading and growing all sectors of a business to make it a dynamic and progressive organization. Possessing excellent communication skills and able to establish sustainable and profitable relationships with customers, suppliers and stakeholders across the world. Dr Austin D’ Souza is the whole Time Director at Aaquaries Global Industries Limited.
