Dr Reddy’s Focuses On India And China

As It Reduces Dependence On US Market

Dr Reddy’s sees its Indian domestic market and China as hot prospects as it pursues its “transformation journey” in which it is reducing its dependence on the slowing US market.

China - India
Dr Reddy’s has set out its strategy for India and China • Source: Shutterstock

There are two countries that India’s Dr Reddy’s says are key to the firm’s current strategy: its home market and China, which the company – in a far-sighted move – entered 20 years ago. The generics giant is scaling up operations in China as it sharpens its focus on the world’s second-biggest drug market and aims to grow its India sales faster than the market.

The Indian market of 1.3 billion people is “growing between single-digits and double-digits [and it has] a huge unmet need...

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