D B Gupta, who borrowed Rs 5,000 from wife to set up Lupin, is dead

He transformed Lupin from a TB drug specialist in 1980s to world's 6th largest generic drug maker

Lupin founder-chairman Desh Bandhu Gupta, who transformed the company from a tuberculosis drugs specialist in the 1980s to a global leader in generic drugs, passed away in Mumbai on Monday. He was 79 and is survived by a wife and five children.

Gupta founded Lupin in 1968, borrowing Rs 5,000 from his wife. It is now the sixth largest generic drugs maker in the world. Sales in 2016-17 were a little over Rs 17,000 crore.

Much of its growth came in the past decade, when the company ventured into newer markets and diversified thes product base. It was the first Indian generic