Acquisitions have been foundational to the ascent of India's Piramal group in pharma and that strategy appears set to stay pivotal in its latest avatar as well, as the multi-sector conglomerate demerges its pharmaceuticals business into an independent entity.
Piramal Dreams Big, Wants To Be In Top Five India-Listed Pharma
Nandini Piramal, executive director, Piramal Enterprises, discusses how things have shaped in the group's pharma business, its continuing appetite for acquisitions, efforts to de-risk the supply chain for key starting materials and the outsourcing "framework" deployed by industry.
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