Updated Date: Mon, 09 Sep 2024 00:00:00 EDT
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Maroc - Times of India - Business - 02/Aug 14:26
Dr Reddy's invests Rs 734 crore in JV with Nestle India
Dr Reddy's Laboratories invested over Rs 734 crore for a 51% stake in a joint venture with Nestle India, which invested Rs 705.6 crore for the remaining 49%. The JV focuses on health and nutrition products in India and Nepal. The funds will be used to acquire nutritional health solutions from both companies, with products licensed for use.
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