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Uttamchand N. Mehta (1924-1998)

Uttamchand. N. Mehta (1924-1998) was born in Mahemadpur, a small village in Banaskantha on January 14, 1924, and after finishing his primary education in Palanpur, moved to Mumbai, where he completed his B.Sc. from Wilson College, while staying at the Mahavir Jain Vidyalay hostel.

 

Starting his career as a government servant in 1944, Mr. Mehta worked as a Medical Representative with the drug MNC, Sandoz from 1945 to 1958.

 

Then in 1959 he took the path breaking decision to start his own firm Trinity Laboratories with a seed capital of just Rs 25,000. This organization began to manufacture special medicines. In 1968, Mr. Mehta began to market a medicine for treatment of mental diseases at a very reasonable price.

 

It was a big step at a time when only multinational companies manufactured specialty drugs, and subsequently Mr. Mehta went on to establish Torrent Laboratories in 1976. The company began marketing a number of useful drugs at very competitive prices and soon made a name for itself.

 

Today, Torrent is a large company engaged in the business of pharmaceutical goods and power generation.

 

In 1996-97, Mr. Mehta received the “Businessman of the Year” award from the Government of India. Torrent has also won many awards for excellence in manufacturing, exporting and marketing.

 

Mr. Mehta also contributed generously to social, educational and charitable institutions and causes.

 

Mr. Mehta passed away in 1998 at Ahmedabad.

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