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In the world today
G.V. Prasad

G.V. Prasad

G. Prasad
-0.34% | - $-5.46M
$1.58 B ₹ 14,395 Cr
Real Time Net Worth #2434 Ranking as of 21 Feb 2026 By Forbes

More on G.V. Prasad

Gender

Male

Age

66Y

Country

India

Born On

January, 1960

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth (Expanded)

Primary Organization

Dr. Reddy'S Laboratories

Titles

Co-Chairman & MD

Sources of Wealth

Dr. Reddy'S Laboratories

Industry

Pharmaceuticals, Healthcare

About G.V. Prasad


G .V. Prasad is an Indian pharmaceutical executive who is the co-chairman and managing director of Dr. Reddy's Laboratories, one of India's largest and most prominent drugmakers. He is the son-in-law of the company's legendary founder, Dr. Kallam Anji Reddy, a scientist-entrepreneur who was a pioneer of the Indian pharmaceutical industry.

Prasad has been a key leader at the company for decades and has been instrumental in its growth into a major global player in the generic drug market. He has overseen the company's expansion into international markets, particularly the United States, and has been a driving force behind its research and development efforts. He and his family, along with the family of the other co-founder, hold a significant stake in the publicly traded company, which is the source of his family's considerable wealth.

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Quick Reads


  • Co-chairman and Managing Director of the Indian pharmaceutical giant, Dr. Reddy's Laboratories.
  • Son-in-law of the company's founder, the late Dr. K. Anji Reddy.
  • Has been a key leader in the company's global expansion.
  • Dr. Reddy's is one of India's largest manufacturers of generic drugs.
  • His family is a major shareholder in the publicly listed company.

Early Life and Background


G.V. Prasad is an Indian business executive, the Co-Chairman and Managing Director of Dr. Reddy's Laboratories (NSE: DRREDDY), one of India's largest and most important pharmaceutical companies. Born in 1960 in Hyderabad, India, his career is rooted in elite engineering and finance.

Prasad began his studies in Chemical Engineering at A C College of Technology before completing his undergraduate degree at the Illinois Institute of Technology, Chicago. He followed this with an MBA in Industrial Administration from Purdue University in 1983. His career began with a brief stint in his father's construction business before pivoting to the pharmaceutical sector, recognizing the immense, untapped opportunity in generic drug manufacturing.

Career Journey of G.V. Prasad


G.V. Prasad's strategic genius was his focus on Active Pharmaceutical Ingredients (APIs) and generics manufacturing. In 1985, he co-founded Benzex Labs (an API manufacturing company), which was later acquired by Dr. Reddy's. He later transformed Cheminor Drugs Ltd. into a world-class API and generics manufacturer, emphasizing professionalism, good governance, and transparency.

In 2001, Cheminor Drugs merged with Dr. Reddy's Laboratories, and Prasad became the Vice-Chairman and CEO of the merged entity. Under his leadership, Dr. Reddy's expanded globally, becoming a leading supplier of generics worldwide. His wealth is tied to the massive, long-term, stable profitability of the global generic drug market and his large equity stake in the publicly traded company.

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G.V. Prasad's Timeline


1983:

Earns an MBA from Purdue University (Academic Achievement).

1985:

Co-founds Benzex Labs (API manufacturing) (Early Venture).

1990:

Becomes CEO and MD of Cheminor Drugs Ltd. (Executive Ascent).

2001:

Cheminor Drugs merges with Dr. Reddy's Laboratories; Prasad becomes Vice-Chairman and CEO (Corporate Consolidation).

Ongoing:

Continues as Co-Chairman and Managing Director, guiding the global generics giant (Executive Oversight).

Major Business Ventures and Investments


G.V. Prasad's wealth is concentrated in his executive equity and continued leadership of the publicly traded pharmaceutical giant, Dr. Reddy's Laboratories (NSE: DRREDDY).

  • Dr. Reddy's Laboratories (Co-Chairman & MD): The core asset, a global leader in generic drug manufacturing and Active Pharmaceutical Ingredients (APIs).
  • Cheminor Drugs (Former CEO & MD): The company he transformed into a world-class generics manufacturer.
  • Academic Background: He holds a degree in Chemical Engineering and an MBA from Purdue University.
  • Investment Strategy: His philosophy is rooted in scientific rigor, good governance, and scale production of essential generic medicines.

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Philanthropy and Social Impact


G.V. Prasad's social impact is structural, stemming from Dr. Reddy's Laboratories' role in providing affordable, essential generic drugs to millions of patients globally, particularly in India. The company is a massive employer and foundational supplier of medical products.

His career is a testament to the profitability of disciplined industrial leadership, leveraging engineering expertise to master the complex, highly regulated pharmaceutical manufacturing process and drive down the cost of essential medicines.

Fashion, Style, and Lifestyle


G.V. Prasad maintains the professional, composed style of a pharmaceutical executive. His attire is consistently formal and high-quality, favoring tailored business suits or traditional Indian business attire. His aesthetic is one of stability and serious intellectual authority, reflecting his engineering and business background.

Residing in Hyderabad, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, good governance, and the long-term, stable growth of the global generic drug sector.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-Chairman and MD of Dr. Reddy's Laboratories.
  • He holds an MBA from Purdue University and a degree in Chemical Engineering.
  • He transformed Cheminor Drugs Ltd. into a world-class generics manufacturer.
  • His company is a global leader in Active Pharmaceutical Ingredients (APIs).
  • He briefly returned to the construction business before re-entering pharma.
  • He won the Outstanding Senior Student Award from the American Institute of Chemists in 1982.
  • His wealth is tied to the successful globalization of Indian generic drug manufacturing.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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