M.V. Ramana, CEO of branded markets (India and emerging markets) at Dr. Reddy’s, added: “This joint venture is a novel approach by two companies that have a shared purpose of good health. We are pleased to partner with Nestlé India to bring innovations from the Nestlé Health Science global portfolio to consumers in India. This novel approach of leveraging mutually complementary strengths of both parent companies will enable better access and affordability for consumers.” The JV is anticipated to start operating in the second quarter of the 2025 fiscal year.