Nestle India, Dr. Reddy's Join Forces for Nutraceutical Push
- Nestle India and Dr. Reddy's Laboratories Ltd. announced a joint venture (JV) to bring nutraceutical brands to India and other markets.
- The JV will combine Nestle Health Science's global brands like Nature's Bounty and Osteo Bi-Flex with Dr. Reddy's established Indian presence.
- Focus areas include metabolic care, hospital nutrition, general wellness, and child nutrition.
- Both companies will license select brands to the JV, like Nestle's Resource and Dr. Reddy's Rebalanz.
- The JV is expected to be operational by the second quarter of the 2025 financial year.
This collaboration aims to leverage Nestle's global nutraceutical expertise with Dr. Reddy's strong Indian market reach, creating a powerful force in the Indian nutraceutical market.
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