Dr Reddy's plans 'business continuity' in Russia: Report

Dr Reddy's plans 'business continuity' in Russia: Report

FPJ Web DeskUpdated: Wednesday, March 09, 2022, 02:20 PM IST
article-image
No Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine, despite pressure from the United States to do so / Representative image |

Dr. Reddy's Laboratories Ltd said on Wednesday it was focused on employee safety and business continuity in and around Russia, despite many Western companies pulling out from Russia in recent days, according to a Reuters report.

No Indian company has publicly withdrawn from Russia and New Delhi has declined to condemn Moscow's invasion of Ukraine, despite pressure from the United States to do so. Western companies such as McDonald's, PepsiCo, Coca-Cola and Starbucks have stopped sales of their best-known products in Russia. "We have had a presence in the region for over three decades," a Dr. Reddy's spokesperson said in an email, the report said.

RECENT STORIES

India Launches ₹17 Lakh Crore PPP Project Pipeline For FY26–28

India Launches ₹17 Lakh Crore PPP Project Pipeline For FY26–28

CCI Clears Prosus’ Acquisition Of Additional Stake In Rapido

CCI Clears Prosus’ Acquisition Of Additional Stake In Rapido

Rupee Gains 26 Paise To 89.92 Amid Weak Dollar & Lower Oil Prices

Rupee Gains 26 Paise To 89.92 Amid Weak Dollar & Lower Oil Prices

Sensex & Nifty Tumble Due To Tariff Concerns & Geopolitical Worry Tremors

Sensex & Nifty Tumble Due To Tariff Concerns & Geopolitical Worry Tremors

New Zealand Hails India FTA, Eyes $20 Billion Investment Boost

New Zealand Hails India FTA, Eyes $20 Billion Investment Boost