Portrait of Dilip Surana

Rank #2806

Dilip Surana

Net worth $1.3B

Pharmaceuticals · India

Born
Jan 18, 1966
Age
60
Source
Pharmaceuticals
Residence
Bangalore
Citizenship
India
Marital status
Married
Children
1
Education
Bachelor of Commerce, Bangalore University

Net worth over time

Biography

  • Dilip Surana is chairman of privately held pharma company Micro Labs, known for its popular paracetamol Dolo 650.
  • The Bangalore-headquartered generics company makes drugs for cardiac diseases, diabetes and pain management.
  • It also makes ophthalmic products for Bausch & Lomb's Asia-Pacific market.
  • The company gets nearly 60% of its annual revenue of from the domestic market.
  • The company was founded by their late father G.C. Surana, a former pharma distributor, in 1973 in Chennai.
  • During the pandemic, sales of their paracetamol brand Dolo 650 soared.
  • India's tax authority alleged in July 2022 that Micro Labs gave freebies worth 10 billion rupees to doctors to push drug sales. The company denied any wrongdoing.