“Biosciences students have excellent opportunities in traditional segments”
Sr. Vice President & Head, Human Resources, Biocon Limited
Biocon Ltd., Asia's premier biopharmaceutical company, is committed to ensure a global right to healthcare by addressing the worldwide need for safe, effective and affordable biotherapeutics. Biocon has been creating long-term value for its shareholders with the market capitalisation of the company having multiplied almost four times since its debut on the bourses in 2004. Biocon was only the second Indian company to cross the $ 1 billion market capitalisation milestone on the first day of listing. In 2015, the successful IPO of Biocon's research services subsidiary Syngene unlocked immense value for shareholders. Syngene's market capitalization crossed the $ 1 billion mark within a week of listing.
Biocon has built an employee-friendly environment for its gender-diverse workforce that is comparable to the best in the world. This has been validated by its position among the Top 20 Best Employers in the Biotech Industry as ranked by the prestigious Science magazine. In an interaction with Narayan Kulkarni of BioSpectrum India, Amitava Saha, Sr. Vice President & Head, Human Resources, Biocon Limited, who has over 17 years of work experience with companies like Firstsource Solutions, Mashreq Bank, Accenture and Infosys shared his views about campus placements and opportunities/ openings for students with biotechnology/ pharmaceutical.
Excerpts of the interview
What criteria do you have while identifying the campus placements for hiring?
Biocon’s positioning as a ‘world- class employer brand’ enables us to recruit top talent from some of the country’s premier institutes. For campus recruitment, we look at institutes that have a good track record of producing industry-ready, high-end talent. We also offer jobs to young and promising life sciences interns who come to us from both international universities as well as premier Indian academic institutes such as NIPER and IIT. We had started Biocon Academy in 2013 as part of our CSR initiative to offer advanced courses that address the need of the biopharma industry and enable global competitiveness of the sector. In the last few years, we have successfully recruited from the Academy as well.
What criteria do you look for while selecting the candidates?
Biocon seeks candidates who have a sound theoretical knowledge of scientific principles and the ability to connect those to the applications in the industry. In addition to application knowhow, they should have process knowhow and regulatory knowhow. As far as soft skills are concerned, candidates should have good communication skills and the ability to work in teams. Ideally, they should be industry-ready so that they can start contributing to the company from Day 1.
What kind of packages a fresher can expect?
Freshers can expect salary packages starting from Rs 2.5 lakh per annum.
What kind of opportunities/ openings, students with biotechnology/pharmaceutical can expect in biotechnology, pharma industry?
The Biotechnology sector in India, which is witnessing a Compounded Annual Growth Rate (CAGR) of about 20%, holds immense potential for future growth. Today, biosciences students have excellent career opportunities in traditional segments like Healthcare, as well as, emerging ones like BioAgriculture, Bio-informatics etc. There is also increasing demand for talented, trained manpower in fields such as Bio-statistics, Clinical Trials, Research & Development, Animal Husbandry, Cropping Systems and Crop Management, Cell Biology, Food Manufacturing, Genetics, Biochemistry, Microbiology, Immunology, Virology, Chemistry and Engineering etc. Biotech startups, which are coming up with innovative technology-based products and services, are also adding to the job prospects in the Indian biotech sector.
Sr. Vice President & Head,
Human Resources, Biocon Limited