Yesterday IT department raided Micro Labs, the manufacturers of the famous tablet Dolo 650.
The reason behind this is alleged unaccounted income.
The company has sold 350 crore tablets since the Covid-19 outbreak in 2020 and earned revenues of Rs 400 crore in a year surpassing all its rivals, The sales of Dolo 650 broke all records.
It's called as the Indian favourite snak.
It is Founded by GC Surana, It's a family-run entity with an annual turnover of Rs.4,083 crore.
Company is building a new factory to make pharma ingredients near Bangalore for $65 million.
Today, it has expanded across India to include 14 state-of-the-art manufacturing facilities an injectable unit, a bulk drug facility, offices located overseas, and a strong distribution network, and three research and development centres that employ more than 300 dedicated scientists.
A sales team of 5,000-plus medical representatives reaches more than 250,000 doctors and 180,000 pharmacies around the country.
and Micro Labs is present in more than 50 countries.
The company started with a humble beginning, and was founded by G.C. Surana, a former pharma distributor, in 1973 in Chennai.
Dilip and Anand Surana has a networt of $2.25 B and they are 94th richest in India as per forbes 2021.
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