Women are increasingly taking on significant roles across various industries, contributing their skills and expertise to drive business success. Many are also actively involved in family-owned enterprises, demonstrating their leadership and business acumen.
Nilima Prasad Divi: A Key Figure at Divi’s Laboratories Ltd
One prominent example is Nilima Prasad Divi, who serves as the whole-time director (commercial) at Divi’s Laboratories Ltd. She is the daughter of Dr. Murali K Divi, the founder and managing director of Divi’s Laboratories Ltd, a leading company with a market value of Rs 123000 crore. The company is renowned as one of the world’s top suppliers of active pharmaceutical ingredients (API).
Acquiring Prime Real Estate in Hyderabad
Nilima Prasad Divi has been a part of Divi’s Laboratories for the past five years. Demonstrating her financial prowess, she recently purchased two properties in Hyderabad’s upscale Jubilee Hills area for a total of Rs 80 crore. According to documents from Zapkey, reported by MoneyControl, each property spans 11,000 square feet.
Academic and Professional Background
Before joining the family business, Nilima acquired extensive commercial experience, particularly in material requirement planning and finance. She holds a Master’s Degree in International Business from Gitam Institute of Foreign Trade, India, and a Master’s in International Finance from Glasgow University, UK. At Divi’s, she oversees all aspects of material sourcing and procurement, corporate finance, and investor relations.
The Divi Family’s Wealth and Business Success
Dr. Murali K Divi, a US-trained scientist, leads a family with a net worth of Rs 65110 crore, according to Forbes. Under his leadership, Divi’s Laboratories generates nearly 90 percent of its annual revenue of approximately USD 965 million from exports, highlighting the company’s significant international presence and success.
Nilima Prasad Divi’s achievements and contributions exemplify the growing impact of women in leadership roles, particularly in family-owned businesses. Her educational background, combined with her practical experience, underscores the vital role women play in driving economic growth and innovation in various industries.
