| Kallam Anji Reddy | |
|---|---|
| Born | 1940 Tadepalli, Guntur district |
| Nationality | Indian |
| Occupation | Chairman, Dr Reddy's Labs |
Kallam Anji Reddy (born 1940) is an Indian entrepreneur in the pharmaceutical industry, the founder-chairman of Dr Reddy's Labs, which he established in 1984, and chairman of Dr Reddy’s Foundation (DRF), the corporate social responsibility arm of the group, established 1996.[1][2]
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He spent his early years in the village of near suryapet nalgonda in nalgonda District, where his father grew turmeric. He studied in Anapothana ZPHS School in Nutakki until Tenth Class.
Reddy after graduating from the local high school, went on to get his first Bachelor of science degree from A.C. College at Guntur in 1958.[3] Thereafter he, did his B.Sc.-Tech in Pharmaceuticals and Fine chemicals from Bombay University followed by a Ph.D. in chemical engineering from the National Chemical Laboratory, Pune in 1969.[4]
He started his career in the state-owned PSU, Indian Drugs and Pharmaceuticals Limited (IDPL) (1969–1975), when he left he job to found Uniloids Ltd in 1976 of which was also the and managing director of till 1980, when he founded Standard Organics Limited , before founding Dr Reddy's Labs in 1984 with an initial capital of Rs 25 lakh (Rs 2.5 million). Over the years, it transformed Indian bulk drug industry from import-dependent in mid-80s to self-reliant in mid-90s and finally into the export-oriented industry.[4]
Dr. Reddy's Laboratories has been credited with turning the Indian bulk drug industry from dependence on imports in the mid 1980s to self reliance in the mid 1990s and finally into the export-oriented industry that it is today. It was the first company to take up drug discovery research in India (in 1993). In April 2001 Dr Reddy’s Labs became the first Asian pharmaceutical company outside Japan to be listed on the New York Stock Exchange. The company has revenues of $546 million (Rs.2,427 crore) during the fiscal year 2006 and is India’s second largest pharmaceutical company.
Dr Reddy is a serving member of the Prime Minister’s Council on Trade and Industry and has been nominated to the board of the NIPER Mohali. He is also a member of the board of governors of the Institute of Chemical Technology, University of Mumbai. Dr. Reddy chairs the governing body of Hyderabad Eye Research Foundation and also serves on the board of Vision Research Foundation,
Naandi Foundation, a not-for-profit development institution that strives for eradication of poverty has Dr Reddy as its founding father. He is also founder-chairman of Dr Reddy’s Foundation for Human and Social Development, a social arm of Dr. Reddy’s Labs.
Dr Reddy has been the recipient of several awards and honors. Notable among them are the Sir PC Ray award, twice conferred on him by the Indian Chemical Manufacturers Association (1984, 1992) and the Federation of Asian Pharmaceutical Associations (FAPA)’s FAPA-Ishidate Award for Pharmaceutical Research in 1998. He was voted Businessman of the Year by India’s leading business magazine Business India in 2001. The CHEMTECH Foundation bestowed on him the Achiever of the Year award in 2000 and the Hall of Fame award in 2005. In 2001, he was awarded with one of highest civilian honours Padma Shri by the Government of India. In 2011 he was also conferred with Padma Bhushan.[5]