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It's raining billionaires in India's pharma and health care space

Created 7 billionaires in 2020; now 17 super-rich promoters in the sector with combined wealth of Rs 4.35 trillion

Topics
Indian billionaires | Indian pharma | health care sector

Krishna Kant  |  Mumbai 



medicine, drugs, pharma
The pandemic led to a rally in share prices of drug manufacturers, hospital operators, diagnostic companies, and chemical companies that manufacture raw material for the pharma industry

The pharma and health care space is the latest breeding ground of India’s billionaire promoters. The sector created seven billionaire promoters in CY2020, thanks to pandemic-induced growth. This is more than half the new billionaire promoters last year.

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First Published: Wed, January 06 2021. 06:10 IST

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