Startups In The Indian Pharma Industry Are Minting Billionaires

Indian Pharma Industry

’s pharma and healthcare is counting in 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!


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



Please enter your comment!
Please enter your name here