Nestle India, Dr Reddy’s to form joint venture for nutraceutical brands

Nestlé India and Dr. Reddy’s Laboratories announced today that they have entered into a definitive agreement to form a joint venture (JV) to bring innovative nutraceutical brands to consumers in India and other agreed territories.

Under the agreement, Nestlé India and Dr. Reddy’s will combine their expertise and resources to form a new entity, the JV company. Headquartered in Hyderabad, this venture will merge Nestlé Health Science’s global range of nutritional health solutions, vitamins, minerals, and supplements with Dr. Reddy’s commercial presence in India.

This collaboration aims to expand their complementary nutraceutical portfolios in areas like metabolic care, hospital nutrition, general wellness, women’s health, and child nutrition.

One of the strategies of the joint venture involves licensing select brands from both Nestlé and Dr. Reddy’s to the JV company. Nestlé will license brands such as Nature’s Bounty, Osteo Bi-Flex, Ester-C, and Optifast, among others, while Dr. Reddy’s will offer brands like Rebalanz, Celevida, and Antoxid. The JV is expected to be operational by the second quarter of the 2025 financial year.
Speaking on this, Suresh Narayanan, chairman and managing director, Nestlé India stated, “I am very happy to share that we are entering into a joint venture with Dr. Reddy’s Laboratories.

This joint venture is another important step in allowing us to bring our science-backed nutritional solutions to more people across the country. Dr. Reddy’s is a trusted name in the pharmaceutical space and shares our commitment to provide access to high-quality products. This joint venture will enable us to build a robust retail and distribution network to take our brands closer to consumers and make a meaningful difference to improve the quality of life.”

Commenting on the same, M.V. Ramana, chief executive officer – Branded Markets (India & Emerging Markets), Dr. Reddy stated, “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.”

🏅 Food safety training & certification  programs

🔊 Be Aware, We never charge any consultancy fee for jobs.

📲 Foodtech Network WhatsApp Jobs Group
🔗 WhatsApp Groups
📈 Food Entrepreneurs & Startups (Our services)


  • Nagashree
    April 28, 2024

    Yes I am interested I have completed BSC food technologist

Leave a Reply

Your email address will not be published. Required fields are marked *

adana escort , adıyaman escort , afyon escort , ağrı escort , aksaray escort , amasya escort , ankara escort , antalya escort , ardahan escort , artvin escort , aydın escort , balıkesir escort , bartın escort , batman escort , bayburt escort , bilecik escort , bingöl escort , bitlis escort , bolu escort , burdur escort , bursa escort , çanakkale escort , çankırı escort , çorum escort , denizli escort , diyarbakır escort , düzce escort , edirne escort , elazığ escort , erzincan escort , erzurum escort , eskişehir escort , gaziantep escort , giresun escort , gümüşhane escort , hakkari escort , hatay escort , ığdır escort , ısparta escort , istanbul escort , izmir escort , karabük escort , karaman escort , kars escort , kastamonu escort , kayseri escort , kilis escort , kırıkkale escort , kırklareli escort , kırşehir escort , kocaeli escort , konya escort , kütahya escort , malatya escort , manisa escort , maraş escort , mardin escort , mersin escort , muğla escort , muş escort , nevşehir escort , niğde escort , ordu escort , osmaniye escort , rize escort , sakarya escort , samsun escort , şanlıurfa escort , siirt escort , sinop escort , şırnak escort , sivas escort , tekirdağ escort , tokat escort , trabzon escort , tunceli escort , uşak escort , van escort , yalova escort , yozgat escort , zonguldak escort , kadıköy escort , şişli escort , tuzla escort , bornova escort , didim escort , serdivan escort