Last Updated on October 29, 2021 by The Health Master
Tamil Nadu Industrial Development Corporation (TIDCO) Limited is the industrial development agency of the Government of Tamil Nadu, established in 1965.
TIDCO endeavours to achieve a balanced and continual industrial growth by promoting medium and large industries in the state through Joint Ventures.
TIDCO is also the nodal agency for the development of various industrial corridor projects in Tamil Nadu – Chennai Bengaluru Industrial Corridor (CBIC), Chennai Kanyakumari Industrial Corridor (CKIC), Western Corridor (Kochi – Bangalore Industrial Corridor) and Defence Industrial Corridor projects.
TIDCO is inviting applications for the following posts from eligible candidates to join TIDCO on a fixed term contract basis (subject to performance evaluation) for three years on a fixed term contract basis, renewable every year based on satisfactory performance of the candidate for upto three years and extendable for further period as decided by Board of TIDCO.
Vice President, Pharma, Biotech and Medtech
Location : Chennai
Minimum age : 45 years
Qualification
• Bachelor of Pharmacy or; Science/ Engineering/ Technology in Biotechnology / Bioinformatics / Nanotechnology / Electrical / Mechanical/ or similar core engineering.
• Masters / Post graduate in management / business administration from a reputed institute will be preferred.
Preferred experience (Note: Relevant sector shall mean Pharma/ bio-tech or med-tech sectors) :
• Minimum 25 years of overall experience in several of the following areas:
• Should have held senior management positions in the relevant sector for at least 10 years.
• Experience in articulating and driving technology adoption in organisations in these sectors.
• Should have an in-depth conceptual understanding of advances in the relevant sector (e.g. wearables, nanomedicine, smarter pacemakers, use of virtual and augmented reality in medical education).
• Should have access to and networks with senior management personnel in companies in the relevant sectors. Preferred if the network is with people involved in patent filing, research and development, funding organisations, academia.
• Experience in identifying emerging technology, understanding the demand and supply ecosystem, ease of adoption of technology by target group and converting into a business/ commercial venture will be preferred.
• Should have knowledge and understanding of industry/ market trends (domestic and international), policies (including import and export related, research & development), best practices, product and service offerings and competition, supply chain, logistics, research in the sector.
• Regulatory framework – should possess an understanding of the regulatory frameworks (laws, Acts, government policies, rules, regulations) in the space in India and countries actively engaged in this sector.
Job Description
Sector Leadership
• Prepare the vision for industrial; and industrial infrastructure development in TN in the given sectors.
• Translate the vision to action: Own and drive the industrial development strategy through GUIDANCE, SIPCOT and others.
• Since any strategic intervention in industry is normally driven sectorally (requirements within a sector are unique), function as a nodal lead for all the development in TN in the given sector (Private and Public).
• Provide a strategic view point to the GoTN on the sector – including in policy development and priority identification.
Sector Engagement
• Continuously engage with the industry so as to be on top of selected sectors, their changing trends, sub-businesses so as to orchestrate industrial development.
• Provide thought leadership in the relevant sector, participate in national and international forums and create awareness about TIDCO, and create a ‘recall’ about TIDCO for matters concerning the sector.
• Engage with national and international vendors, academicians, technology experts, regulatory experts, start-ups in the sector whose knowledge, experience and services can be leveraged upon on a need basis.
Business Investments
• Scan the market to identify niche opportunities in the sector, evaluate these opportunities and take investment decisions for TIDCO.
• Carry out a strategic analysis of the potential investments; their alignment to the overall growth path of the state; make a go/ no – go decision for TIDCO.
• Make strategic investments into specific businesses, within each sector. Invest in setting up R&D, Start-ups, CoEs and Shared Facilities.
Enabling Ecosystems
• Create Ecosystems: Work with MSME department so that tailored pitches can be made to investors in the state –and a relevant ecosystem of MSMEs can be presented to investors.
• Provide inputs on talent development (in UG, PG, Diploma, ITI) to align with the vision/ strategy that is being rolled out by TIDCO.
• Plan industrial and social infrastructure at sector level and coordinate with other departments or create a subsidiary for infrastructure creation.
Associate Vice President, Pharma, Biotech and Medtech
Location : Chennai
Minimum age : 35 years
Qualification
• Bachelor of Pharmacy or; Science / Engineering/ Technology in Biotechnology/ Bioinformatics/ Nanotechnology/ Electrical/ Mechanical/ or similar core engineering.
• Masters/ Post graduate in management/ business administration from a reputed institute will be preferred.
Preferred experience (Note: Relevant sector shall mean Pharma/ bio-tech or med-tech sectors)
• Minimum 10 years of overall experience in several of the following areas:
• Should have held middle management positions in the relevant sector for at least 5 years.
• Experience in identifying emerging technology, understanding the demand and supply ecosystem, articulating and driving technology recognition, product/ service development, marketing and technology sale in organisations in these sectors.
• Should be abreast of advances in the relevant sector (e.g. wearables, nanomedicine, smarter pacemakers, use of virtual and augmented reality in medical education).
• Should have access to a peer level network in the relevant sectors.
• Should have knowledge and understanding of industry/ market trends (domestic and international), policies (including import and export related, research & development), best practices, product and service offerings and competition, supply chain, logistics, research in the sector.
• Regulatory framework – should possess an understanding of the regulatory frameworks (laws, Acts, government policies, rules, regulations) in the space in India and countries actively engaged in this sector.
Job Description
Sector Leadership
• Prepare the vision for industrial; and industrial infrastructure development in TN in the given sectors.
• Translate the vision to action: Project manage the roll out of the sector development plan through GUIDANCE, SIPCOT and others.
• Function as a nodal support for all the development in TN in the given sector (Private and Public).
• Provide a practical / hands-on view point to the GoTN on the sector – could span across policy, regulation, emerging trends, ecosystems, best practices, and state priority development.
Sector Engagement
• Continuously engage with the industry so as to be on top of selected sectors, their changing trends, sub-businesses so as to orchestrate industrial development.
• Network effectively in the relevant sector, participate in national and international forums and create awareness about TIDCO, and create a ‘recall’ about TIDCO for matters concerning the sector.
• Engage with national and international vendors, academicians, technology experts, regulatory experts, start-ups in the sector whose knowledge, experience and services can be leveraged upon on a need basis.
Business Investments
• Scan the market to identify niche opportunities in the sector, and bring several such opportunities on an on-going basis to TIDCO for evaluation and investment.
• Carry out techno-economic feasibility studies of potential businesses; analyse the financial, and business risks; examine working capital cycles, revenue and cost structures; provide inputs to make an informed go/ no – go decision for TIDCO.
• Identify through engagement with sector partners the opportunities for setting up R&D infrastructure, encouraging the right kind of Start-ups, CoEs and shared facilities.
Enabling Ecosystems
• Create Ecosystems: Identify MSMEs and start-ups that can feed into / benefit from the ecosystems that are being created. For this, work with the MSME department to network through associations.
• Develop talent development plans (in UG, PG, Diploma, ITI) to align with the vision/ strategy that is being rolled out by TIDCO.
• Project manage the roll out of industrial and social infrastructure and liaison with other departments or create a subsidiary for infrastructure creation.
• Should be able to articulate a point of view in one or more core aspects of the sector – identifying emerging technology, demand and supply ecosystem, adoption of technology by target group and converting into a business/ commercial venture.
Sr. Associate, Pharma, Biotech and Medtech
Location : Chennai
Minimum age : 28 years
Qualification
• Bachelor of Pharmacy or; Science/ Engineering/ Technology in Biotechnology/ Bioinformatics/ Nanotechnology/ Electrical/ Mechanical/ or similar core engineering.
• Masters/ Post graduate diploma in management/ business administration preferred.
• Proficiency in spreadsheets, business modelling, and financial analysis preferred.
Preferred experience (Note: Relevant sector shall mean Pharma/ bio-tech or med-tech sectors)
• Minimum 5 years of overall experience in several of the following areas:
• Hands on experience in developing consulting reports, carrying out market studies, analysing historical financial data, developing projections for businesses/ companies, evaluating investment options.
• Should have exposure to common frameworks and templates for business analysis.
• Awareness of advances in the relevant sector (e.g. wearables, nanomedicine, smarter pacemakers, use of virtual and augmented reality in medical education) preferred.
• Exposure to industry/ market trends (domestic and international), policies (including import and export related, research & development), best practices, product and service offerings and competition, supply chain, logistics, research in the sector preferred.
Job Description
• Collate necessary data, analyse and develop detailed project reports for perusal by TIDCO’s Strategy & Business Evaluation team and Board.
• Understand the different types of risks such as sectoral risks, market risks and incorporate them into the models.
• Assist the VP and Associate VP in coordinating business/ networking opportunities/ events; in development of sector strategies and plans; sector projects; in liaison with consultants/ contractors/ departments; follow ups.
• Assist the VP and Associate VP in managing relations within the ecosystem (national and international vendors, buyers, technology, finance, regulatory experts, startups) through continued communication.
Applications are invited for the following posts only through online mode from 13.10.2021 at 10 am to 12.11.2021 up to 5 pm from the eligible candidates who wish to join the services of Tamilnadu Industrial Development Corporation Limited, (TIDCO).
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