Dilip Sanghvi One Of The Richest Man In India 🗿 #shorts
Dilip Sanghvi Is The Fifth Richest Man in India
Dilip Shanghvi, unlike many other billionaires, started from humble beginnings. His father ran a medicine wholesaling business, which is where Shanghvi first gained experience in the pharmaceutical industry. He leveraged this experience to start Sun Pharmaceuticals in 1982 with a capital of just $200.
Shanghvi's strategy for growing Sun Pharma was two-pronged:
* Focus on generic drugs: By manufacturing generic versions of existing drugs, Sun Pharma could offer them at a lower cost, making them more accessible to a wider range of patients.
* Strategic acquisitions: Over the years, Sun Pharma has made several key acquisitions, including Taro Pharma in 2007 and Ranbaxy Laboratories in 2014. These acquisitions helped Sun Pharma expand its reach and product portfolio.
Sun Pharma's success, coupled with Shanghvi's shrewd business acumen, propelled him to become one of India's richest people.
