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Dolo To Dr Lal PathLabs: Top Indian Pharma Billionaires And Their Current Value
Over the past few years the pharma and healthcare space in India has seen a dramatic boom. According to a latest report fifteen out of the top 100 richest Indians belonged to the pharmaceutical industry with the cumulative net worth of pharma billionaires doubling since 2018. Recently the wildly popular tablet Dolo 650 recorded a sale of over 350 crore pills amid COVID-19 pandemic.
Over the past few years the pharma and healthcare space in India has seen a dramatic boom. According to a latest report fifteen out of the top 100 richest Indians belonged to the pharmaceutical industry with the cumulative net worth of pharma billionaires doubling since 2018. Recently the wildly popular tablet Dolo 650 recorded a sale of over 350 crore pills amid COVID-19 pandemic.
Dilip Shanghvi
Dilip Shanghvi is the founder of Sun Pharmaceutical Industries. The company is currently valued at a net worth of $14.3 billion., doubled from $7.55 billion noted in 2019. At 66, Dilip Shanghvi is among the richest Indians and was also awarded the Padma Shri in 2016.
Arvind Lal
Post the outbreak of the Covid-19 pandemic, as a nationwide lockdown was imposed, Dr Arvind Lal sprang into action, got approvals to conduct Covid-19 tests and, according to Forbes, became the first lab in the country to test the masses for the virus. Lal PathLabs net worth valued in 2021 was approx.. $10 billion.
Murali Divi
Founder of Divi's Labs, Murali Divi is among the top manufactures of pharmaceutical ingredients. His company's net worth grew from $3.4 billion in 2019 to $9.9 billion.
Sudhir & Samir Mehta
Brothers Sudhir (right) and Samir Mehta run Torrent Pharmaceuticals, with a net worth of $7.1 billion in 2021. The company has seen a dramatic growth in the past two years.
Prathap C Reddy
Prathap C Reddy founded the Apollo Hospitals chain. According to reports, Reddy, family became India's new billionaire in 2021 and rank at 78 in the the top 100 list of billionaires.
Dilip Surana
Dilip Surana is the Chairman and Managing Director of Bangalore-based pharmaceutical and distributor Micro Labs. From net worth of $1.6 billion in 2020, the company went up to $2.25 billion. Micro Labs is the company that produces Dolo-650.
Hasmukh Chudgar
Founder of Intas Pharmaceuticals, Hasmukh Chudgar ranks at 27 on India¡¯s top 100 richest. The company's net worth grew from $4.1billion in 2019 to $6.6 billion in 2021.