Moneycontrol
Last Updated : Feb 08, 2018 02:15 PM IST | Source: CNBC-TV18

FM's universal healthcare proposal a step in right direction: DRL

In an exclusive conversation with CNBC-TV18's Nitya Balakrishnan, Saumen Chakraborty of DRL adds that the company will maintain its capex target of Rs 1,000 crore for FY19, and it will focus on biological research and development (R&D).

CNBC TV18 @moneycontrolcom

Pharma giant Dr Reddy's Laboratories (DRL) believes that Finance Minister (FM) Arun Jaitley's universal healthcare proposal in Budget 2018 is a step in the right direction.

In an exclusive conversation with CNBC-TV18's Nitya Balakrishnan, Saumen Chakraborty of DRL adds that the company will maintain its capex target of Rs 1,000 crore for FY19, and it will focus on biological research and development (R&D).

FM Arun Jaitley's universal healthcare proposal in Budget 2018 will drive up consumption in the pharmaceutical space, he said.

For more, watch accompanying video...
First Published on Feb 8, 2018 01:48 pm

tags #Business

Sections
Follow us on
Available On