India Inc Update

Today after coming from office I was reading some paper on Harvard business review the India way, there they have mentioned about Dr Reddy's.....good article indeed and then was checking my regular updates in Gmail account and then one news caught my attention...Most of the generic Indian pharma's till date have been doing merger and acquisition in European and emerging markets such as Latin America mostly for research colloboration or buying the whole manufacturing unit as whole, but our own Dr Reddy's has established its own mPEG plant in Mexico thus now it will able to supply in cheaper rates raw materials to Northh America with huge profit margin, I feel this time Reddy's has taken a very right approach :)