THE NEXT FRONTIER
Business Today India|August 06, 2023
AFTER PATIENT NURTURING OVER TWO DECADES, RELIANCE LIFE SCIENCES IS INVESTING IN A NEW PLANT AND LOOKING TO ENTER NEW SEGMENTS. THE BIOTECHNOLOGY PLAYER COULD WELL BE THE NEXT BIG THING FROM THE RELIANCE STABLE
KRISHNA GOPALAN
THE NEXT FRONTIER

IT'S A SCORCHING April afternoon in Dindori, about 45 minutes by road from Nashik. To make matters worse, we are outdoors at a dusty construction site. But the heat and dust don't seem to bother the project teams that are focussed only on their deadlines.

That's because the teams have their task cut out. In barely a year, this place is set to become unrecognisable as the first phase of the fully integrated second manufacturing campus of Reliance Life Sciences (RLS)-the biotechnology firm fully owned by investment companies of Mukesh Ambani-is expected to be ready. Eventually, the project teams' efforts are set to transform this undulating, rocky terrain into a picturesque location, with a lake to top it off.

"Yes, it is an aggressive timeline and we are on track so far," says the company's President K.V. Subramaniam, as he takes us to an air-conditioned cabin (the ones you typically see at sites like these), providing us relief from the heat. The cabin offers a full view of the 160-acre campus housed in Maharashtra Industrial Development Corporation (MIDC) territory, in an area that is already a thriving business base for many marquee names of India Inc.

Though the typical Reliance scale is evident, unlike with some of its illustrious sister concerns, here it is also mixed with caution-to paraphrase a Chinese proverb, this is a firm that is looking to cross the river by feeling for the stones.

Incorporated in 2001, it has patiently nurtured its research and manufacturing capacity to become an end-to-end player, diversified its presence across segments, and now boasts of a portfolio of 43 products, and a workforce of 1,300. Thanks to this, it has outgrown its current 20-acre campus in Navi Mumbai, necessitating the Dindori project, for which it has earmarked ₹4,400 crore-half of that amount is set to be utilised in the first phase.

هذه القصة مأخوذة من طبعة August 06, 2023 من Business Today India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 06, 2023 من Business Today India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS TODAY INDIA مشاهدة الكل
"Moving to cloud helped us grow❞
Business Today India

"Moving to cloud helped us grow❞

What was the problem you were grappling with?

time-read
1 min  |
November 24, 2024
She's Got Time
Business Today India

She's Got Time

MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP

time-read
3 mins  |
November 24, 2024
RISING STAR
Business Today India

RISING STAR

PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.

time-read
1 min  |
November 24, 2024
Building on a Legacy
Business Today India

Building on a Legacy

WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.

time-read
1 min  |
November 24, 2024
LEADER IN INNOVATION
Business Today India

LEADER IN INNOVATION

AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.

time-read
1 min  |
November 24, 2024
WAITING IN THE WINGS
Business Today India

WAITING IN THE WINGS

Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025

time-read
1 min  |
November 24, 2024
A DECENT PROPOSAL
Business Today India

A DECENT PROPOSAL

IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?

time-read
5 mins  |
November 24, 2024
Women and the STEM Bias
Business Today India

Women and the STEM Bias

EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.

time-read
3 mins  |
November 24, 2024
ROCKET WOMEN
Business Today India

ROCKET WOMEN

WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.

time-read
6 mins  |
November 24, 2024
ONE STEP FORWARD
Business Today India

ONE STEP FORWARD

THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.

time-read
6 mins  |
November 24, 2024