Logo

Logo

# Business

Lupin’s Founder-Chairman Desh Bandhu Gupta passes away

Founder and Chairman of Lupin Limited (Lupin) Desh Bandhu Gupta passed away in Mumbai on Monday. He was 79. Born…

SNS | New Delhi | June 26, 2017 7:34 am

Lupin’s Founder-Chairman Desh Bandhu Gupta passes away

Desh Bandhu Gupta (PHOTO: Twitter)

Founder and Chairman of Lupin Limited (Lupin) Desh Bandhu Gupta passed away in Mumbai on Monday. He was 79.

Born in Rajgarh, Rajasthan, Gupta earned a Master of Science Degree (Chemistry) and had a vision to fight life-threatening diseases of highest national priority by delivering good quality medicines at an affordable price

Advertisement

Gupta set-up Lupin Human Welfare and Research Foundation (LHWRF) in 1988 with a start-up capital of just Rs. 5,000 to eradicate poverty by encouraging sustainable development at the grass-root level in rural India and under his leadership, Lupin became a $ 1.83 billion global pharmaceutical company.

Advertisement

His efforts have led to a positive impact on the lives of 2.8 million families in 3,463 villages across India.

(With inputs from agencies)

Advertisement

Related posts

# India

Rajasthan Govt merges 260 schools to enhance education quality

The Rajasthan government announced on Friday the merger of 260 government schools with nearby higher secondary schools. The decision was taken due to zero or low enrollment and other viability-related issues. The students and staff of these schools have been relocated to nearby higher secondary institutions, according to an official spokesperson on Saturday.