EP 7 - Starting Apollo Hospitals at the age of 50, Dr Prathap Reddy was called a ‘fool’

Lessons from Leaders by YourStory

Apollo Hospitals Founder Chairman Prathap C Reddy went on to revolutionise India’s healthcare. He is often referred to as the architect of modern healthcare in India. The year was 1983. India was in the pre-liberalisation era, and the economy was shrouded in bureaucratic red-tapism. ‘Licence Raj’ was the order of the day. It involved an elaborate system of licences and regulations that were mandatory to set up and run a business in the country. The liberalisation policy introduced in 1991 was still almost a decade away, and setting up a business was a nightmare.
Read more at: https://yourstory.com/2020/08/apollo-hospitals-founder-prathap-reddy

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This interview was originally hosted by Shradha Sharma on Aug 6, 2020. Reported by Ramarko Sengupta on 7th Aug 2020. Presented by Julius Sharma!