Biotechnology pioneer Kiran Mazumdar-Shaw has not given much thought to the latest list of 100 rich persons in India in which she also figures, but says it reflects the state of the economy.

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The chairperson and managing director of Bengaluru- headquartered Biocon Ltd, with a fortune of USD 2.16 billion, was placed at the 72nd position on Forbes magazine's annual 'India Rich List 2017'.

"A rich list is an annual map of wealth creation largely based on stock value and real estate. I don't give it much thought other than it reflects the state of the economy," she told

 

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