Indian Pharma Industry – Startup Fortune https://startupfortune.com Startup News, Guides, Training and Entrepreneur Community Forum Wed, 20 Jan 2021 12:25:14 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.8 https://startupfortune.com/wp-content/uploads/2020/08/ICON.png Indian Pharma Industry – Startup Fortune https://startupfortune.com 32 32 Startups In The Indian Pharma Industry Are Minting Billionaires https://startupfortune.com/startups-in-the-indian-pharma-industry-are-minting-billionaires/ https://startupfortune.com/startups-in-the-indian-pharma-industry-are-minting-billionaires/#respond Wed, 20 Jan 2021 12:25:14 +0000 https://startupfortune.com/?p=3691 India’s pharma and healthcare space is counting in billions now and creating new billionaires in the country. According to a Business Standard report seven promoters have joined the super-rich club in 2020. The reason that pharma is minting billionaires is the pandemic sparked a rally in the stocks of drug makers, hospital operators, and diagnostic companies.

Sun Pharma’s Dilip Shanghvi remains the country’s richest pharma promoter. His net worth is ₹81,200 crore.

The new billionaires in the stream are Prathap C Reddy of Apollo Hospitals, Premchand Godha of IPCA Labs, Arvind Lal of Dr Lal PathLabs, Mannalal Agrawal of Ajanta Pharma, VC Nannapaneni of Natco Pharma, Sunil S Lalbhai of Atul, and Chirayu R Amin of Alembic.

While others entered the club of the billionaires, Divi’s Labs Murali Divi saw amiracle with his net worth more than double to ₹53,000 crore. A significant rise in the fortunes of Aurobindo Pharma’s PVR Reddy and KN Reddy and Cadila Healthcare’s Sharvil Patel is also seen.

Afterall pandemic did not go bad for all!

Related:

‘How to Become a successful Entrepreneur in 2021’ Mervik Haums

 

]]> https://startupfortune.com/startups-in-the-indian-pharma-industry-are-minting-billionaires/feed/ 0