MR. BHARGAV KOTADIA
Managing Director at Sahajanand Group

Is a Purdue University alumni and second generation entrepreneur who is spearheading India’s rise as a manufacturer of world class healthcare equipment. His success story is as much a triumph of innovation and leadership as it is reminder of what the human spirit can achieve as long as it is focussed and fearless.  
 

For most of us, David taking on Goliath (and winning against all odds) is a story from an ancient legend. For Bhargav Kotadia, it’s simply a blueprint for business strategy. Something his company SMT (Sahajanand Medical Technologies) –  a Rs 500 crore Mumbai based stent manufacturing leader and disruptor – is becoming increasingly good at. 


THE BIRTH OF A LEGACY 


It’s perhaps best to start at the beginning when in 1997, Bhargav’s father Dhirajlal Kotadia laid the foundation of a what can be described as a modern fairy tale. Hailing from a humble background in Saurashtra’s Junagadh district, Dhirajlal – with an electrical engineering background – decided to start his own business. SMT – today a stent making phenomenon – almost had a Google-like genesis, starting off from a small room with four assistants. An ingenious mind and hard-working soul, Dhirajlal’s winning formula of iteratively engineering and re-engineering upon fresh ideas went on to breathe life into India’s first manufacturer of affordable cardiovascular medical stents. His instruments didn’t just match global standards, but – thanks to their innovative edge - gave industry Goliaths such as Abbott, Boston Scientific, and Medtronic sit up and take notice.  SMT’s cardiac stents were being admired by the medical fraternity globally. When one takes into account that Dhirajlal scaled this mountain in the pre-Google age with a home grown team and limited access to resources and networks, the magnitude of his achievement appears a lot bigger. 
After Dhirajlal took a backseat due to health reasons, however, the company hit a trough in its spectacular journey. A lack of patents meant that competitors could easily replicate  SMT’s proprietary ideas and approaches. The global Goliaths had stepped up their own R&D and were making rapid advances. SMT’s painstakingly built goodwill and reputation was in danger of erosion. Market share had dipped alarmingly. Dhirajlal’s labour-of-love was starting at an uncertain future. 


TAKING ON A CHALLENGE 


Into this crossroads of confusion stepped the scion and torchbearer of the family legacy,  Bhargav Kotadia. Bhargav had initially been focussing on the Group’s other  frontiers – namely the diamond-cutting machine and dietary supplements divisions, which were also making a dent in their respective spaces. It was only in 2013 that he turned his attention to the ailing SMT. Soft spoken and introverted, Bhargav was gifted with a steely determination - and was committed to turn things around for SMT. 
A sharp and analytical mind, it didn’t take long for Bhargav to realize where the ‘blockages’ (pun intended) lay. R&D, market presence and backward integration all begged renewed and dedicated attention. Rebooting the ‘winner’s momentum’ in a team that was now beginning to have self-doubts, quite apart from upgrading technologies, systems and processes, wasn’t easy. But then again, great milestones never start out easy. However, a focus on in-house innovation, training and bolstering the sales force got things moving. In time, SMT started to  regain lost ground and market share. 


ENGINEERING RESURRECTION 


As attention and accolades starting pouring in again from all quarters - the sense of deja-vu was palpable. A study involving patients from multiple European countries established that the quality of SMT’s devices were right up there with the ‘best’ - in parameters like performance and safety. This wasn’t just a moment of celebration – it was also a validation of the team’s commitment and Bhargav’s unrelenting resolution. Impressed with the new found climate of positivity and SMT’s culture of innovation (that visibly ran right across the rank & fibre of the organization), funders started spotting a bright future for the organization and began to invest in this ‘resurrection’. 
Bhargav’s mission had come full circle. He had achieved the holy grail of successfully blending quality with affordability. SMT was a sparkling feather in the new ‘Make In India’ narrative. SMT single-handedly injected fresh conviction into India’s quest of becoming a global hub in affordable healthcare. Perhaps most satisfyingly, the healing touch of technology was now accessible for the ‘next billion’.  


DECODING THE DISRUPTION 


So how did Bhargav turn the story around so tellingly? It all boils down to a mix of upbringing and passion. Being born to a pioneer, Bhargav had closely witnessed – and been inspired by – Dhirajlal’s rare success of putting a home-grown entrepreneurial story on the world map. His father’s advice – Whatever you do, leave it in a better state than when you found it – still acts as gospel. Faith in human ability and his team remains a vital ingredient to success. A classic brew that blends global perspectives (a result of a foreign education) with quintessentially ‘Indian values’ lies behind Bhargav’s open and flexible approach – one that always respects both sides of a story and brings balance to his boardroom strategies. An ability to learn from the lessons of adversity amps up the resilience factor while endowing his initiatives with the power of insight. When you add an economics background, a brain that loves to solve problems and a driving ambition of making a difference to the maximum number of souls in the minimum possible time, it translates to a potent recipe for disruption. His many awards act as a reminder of the disruptive transformation he has undeniably ushered in healthcare. 


THE FUTURE IS CALLING 


Challenge is everywhere, but like all true-blue visionaries, Bhargav is quick to spot the upsides and opportunities first. The market for cardiovascular stents is growing. And if SMT has to own a bigger pie, everything will need to be scaled up – from research to production to marketing. The good news is that this isn’t a problem, because optimism tends to be infectious. Led from the front by Bhargav’s buoyant stewardship, the company is actively eyeing expanding its product portfolio. Yes, it’s an exciting time to be part of Bhargav’s team today. 


THE STORY IS JUST BEGINNING 


Ask the humble Bhargav Kotadia, though, and he’ll be equanimous about it. It’s all a part of his plan. A grander design. A burning ambition – of elevating Sahajanand Medical Technologies into a global super-power in Medical Devices. And India into a global hub of healthcare. Those who know him well realize that the man is getting there. Steadily. Surely. One headline, and one milestone, at a time. 

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MR. SANJAY JHA
By: - 2020-08-08 22:42:23

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Coronavirus research updates: Sex differences in the COVID-19 immune response mi..

By: Reuters-26 Aug, 2020

From ACTH to DNA: the rise of acronyms in research. ..

By: Giorgia Guglielmi-21 Aug, 2020

COVID-19 Story Tip: Patient Previously Diagnosed with COVID-19 Now Coping with &..

By: Reuters-25 Aug, 2020

Why IIT Alumni Council withdraws from developing COVID-19 vaccine. ..

By: Anulekha Ray-24 Aug, 2020

Russia In Touch With India To Manufacture COVID Vaccine Sputnik V: Health Minist..

By: All India | ANI-26 Aug, 2020

COVID-19 lockdowns blocked flu in some places but fall looms...

By: Andrew Meldrum, Mogomotsi Magome and Lauran Neergaard-26 Aug, 2020

Cambridge university aims for autumn trials of coronavirus vaccine after UK fund..

By: LONDON (Reuters)-26 Aug, 2020

Treating Wet Age-Related Macular Degeneration: Why Earlier Is Better ..

By: Dr. Eric Nudleman-25 Aug, 2020

Scientists decode how lungs are damaged in severe COVID-19 using imaging test ..

By: PTI-25 Aug, 2020

Serum Institute clarifies on report of covid vaccine launch in India in 10 weeks..

By: LiveMint-25 Aug, 2020

Takeda to sell Japan consumer health unit valued at $2.3 billion to Blackstone ..

By: Junko Fujita-25 Aug, 2020

Survey finds most Britons reject COVID-19 'vaccine nationalism' ..

By: Reuters-25 Aug, 2020

U.S. FDA authorizes use of blood plasma to treat coronavirus ..

By: Nandita Bose, Aram Roston-25 Aug, 2020

Coronavirus Updates: Manohar Lal Khattar tests COVID-19 positive, asks colleague..

By: FP Staff-25 Aug, 2020

Study Adds to Evidence That Odor-Sensing Cells in the Nose Are the Key Entry Poi..

By: Newsroom-24 Aug, 2020

Covid-19 vaccine update: Pfizer, BioNTech release data on phase 1 trials ..

By: FE Online-24 Aug, 2020

Covid-19 vaccine update: Cuba, N Korea, Taiwan join the Coronavirus vaccine race..

By: FE Online-24 Aug, 2020

COVID-19 recovery rate reaches 74.69 per cent, case fatality dips to 1.87 per ce..

By: PTI-24 Aug, 2020

COVID-19 caseload in India crosses 30-lakh mark ..

By: PTI-24 Aug, 2020

Factbox: Latest on the worldwide spread of coronavirus..

By: Reuters-24 Aug, 2020

India crosses crucial milestone of testing over 10 lakh people in a day ..

By: PTI-23 Aug, 2020

COVID-19 diagnostic test: Saliva-based tests could be a better alternative to sw..

By: FE Online-23 Aug, 2020

COVID-19: India adds nearly 70,000 cases in 24 hours; tally nears 30-lakh mark; ..

By: FE Online-23 Aug, 2020

Novartis immuno-oncology drug candidate fails skin cancer trial ..

By: Reuters-23 Aug, 2020

US FDA-approved ointment found to treat, kill viral infections including COVID-1..

By: PTI-23 Aug, 2020

Trump says without proof that FDA 'deep state' slowing COVID trials ..

By: Reuters-23 Aug, 2020

Coronavirus Updates: Maharashtra reports 14,492 new COVID-19 cases, 326 deaths; ..

By: FP Staff-21 Aug, 2020

Russia's 'Sputnik V' COVID-19 vaccine to be tested on 40,000 people: TASS cites ..

By: Reuters-21 Aug, 2020

Asia Today: India has record high of 69,000 more infections..

By: AP-21 Aug, 2020

Endless first wave: how Indonesia failed to control coronavirus ..

By: Reuters-21 Aug, 2020

Diagnostics firms eye consolidation ..

By: livemint-21 Aug, 2020

Accuracy Problems with Widely Used Coronavirus Test, US Health Officials Warn..

By: Associated Press-21 Aug, 2020

Coronavirus is Not Ready to Budge, So When Can Children in India Go Back to Scho..

By: N C Satpathy-20 Aug, 2020

What Is Digital Health ID? Here’s What You Need to Know About Government&r..

By: Jagmeet Singh-20 Aug, 2020

How Much Vitamin C Is Too Much Vitamin C? Expert Reveals..

By: Rupali Dutta-20 Aug, 2020

One in four Indians could have been infected with the coronavirus, lab head says..

By: Savio Shetty-20 Aug, 2020

Roche, Regeneron link up on COVID-19 antibody cocktail..

By: Reuters-19 Aug, 2020

Explainer: World Health Organization's struggle for a global COVID-19 vaccine pl..

By: Reuters-19 Aug, 2020

Australia hails vaccine deal as virus surge abates..

By: Reuters-19 Aug, 2020

COVID-19: Govt to review guidelines to see if on-demand Coronavirus testing can ..

By: FE Online-19 Aug, 2020

Coronavirus vaccine update: India begins Phase 3 human trials of COVID19 vaccine..

By: FE Online-19 Aug, 2020

Immune response after mild COVID-19 is prolonged; psychiatric risk revealed..

By: Reuters-19 Aug, 2020

Recovered cases 2.93 times the number of active Covid-19 cases in country: Govt..

By: livemint-19 Aug, 2020

Study links COVID-19 to rise in childhood type 1 diabetes..

By: Reuters-19 Aug, 2020

WHO blasts 'vaccine nationalism' in last-ditch push against hoarding..

By: Reuters-19 Aug, 2020

Novavax begins mid-stage study of COVID-19 vaccine in South Africa..

By: Reuters-18 Aug, 2020

COVID-19 vaccine: Do vaccines need to be 100% effective? Fauci says otherwise..

By: FE Online-18 Aug, 2020

Russia to roll out vaccine by end of August, 1 in 2 Russian medics distrust it..

By: Financial Express-18 Aug, 2020

Testing of CanSino's COVID-19 candidate vaccine begins in Russia..

By: Reuters-18 Aug, 2020

COVID-19 warriors will be first to get vaccine post development, says Health Min..

By: PTI-18 Aug, 2020

Covid-19, Cold, Flu or Allergy: Know the symptoms..

By: HT?Correspondent Hindustan Times-17 Aug, 2020

Eat Right, Smile Bright - Acidic Food and Beverages: Impact on teeth..

By: FP Studio-17 Aug, 2020

Coronavirus Updates: Karnataka reports 7,040 new cases; health minister B Sriram..

By: FP Staff-17 Aug, 2020

Health ID pilot programme to start with 6 Union Territories..

By: FE Online-17 Aug, 2020

Mexico needs 200 million COVID-19 vaccine doses; shots could start in April..

By: Reuters-17 Aug, 2020

Factbox: Latest on worldwide coronavirus spread..

By: Reuters-17 Aug, 2020

The Latest: S. Korea reports largest virus jump since March..

By: The Associated Press-16 Aug, 2020

PM Modi announces launch of National Digital Health Mission..

By: By EH News Bureau-16 Aug, 2020

Russian doctors wary of rapidly approved Covid-19 vaccine, survey shows..

By: Reuters-16 Aug, 2020

Need to wage war against NCDs, not just COVID-19: Dr Prathap C Reddy..

By: By EH News Bureau-16 Aug, 2020

COVID-19 during pregnancy shows no affect on placental structure and pathology..

By: Dr. Liji Thomas-15 Aug, 2020

Has Delhi flattened COVID-19 curve? Widespread testing, improved health infrastr..

By: CitizeMatters.in-15 Aug, 2020

Acupuncture may help with inflammation and sepsis, a life-threatening condition ..

By: Myupchar-15 Aug, 2020

PM Modi to launch National Digital Health Mission and a unique identity number..

By: ET Bureau-15 Aug, 2020

WHO says food safe from coronavirus..

By: AFP-15 Aug, 2020

Why flu vaccines do not protect people for long..

By: ScienceMag.org-15 Aug, 2020

Amid Covid-19 fear, Delhi hospital conducts 10 liver transplants in two months..

By: ANI-14 Aug, 2020

A new way to monitor skin cancer: Scientists suggest a urine test could help tra..

By: Myupchar-14 Aug, 2020

Covid-19: Human trials of Oxford vaccine set to begin in 2 weeks, Serum Institut..

By: FE Online-14 Aug, 2020

Coronavirus India Live: Recovery rate in India best in world, fatality rate lowe..

By: FE Online-14 Aug, 2020

Zydus Cadila launches Indias cheapest remdesivir version Remdac..

By: FE Bureau-14 Aug, 2020

NHA governing board gives nod to the integration of central health schemes with ..

By: PTI-14 Aug, 2020

ePharmacies to tap approx 70 million Indian households by FY 25: FICCI report..

By: EH News Bureau-14 Aug, 2020

Novavax Reports Encouraging Vaccine Results..

By: Carolyn Crist-05 Aug, 2020

"Patients From Outside": Delhi Health Minister On Covid Tally Surge...

By: DelhiPress Trust of India-09 Aug, 2020

Billion Covid Vaccine Doses Could Be Available By End Of 2021: US Top Health Exp..

By: WorldReuters-06 Aug, 2020

New drug RLF-100 shows dramatic recovery in Covid-19 patients suffering respirat..

By: PTI-06 Aug, 2020

Biz of this immunity food not in the best of health...

By: Mayilvaganan-06 Aug, 2020

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