India Remakes Global Innovation
Harvard Business Review
SEPTEMBER 14, 2011
In 2008, Dr Reddy's acquired Chirotech, Dow Chemical's R&D unit, for $32 million, and in April 2011 relocated it to a new 33,000 sq. In recent years, Indian firms such as Dr Reddy's have also started globalizing their R&D footprint by moving into Western markets. Integrate with local innovation ecosystems.
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