Dr Murali Krishna Prasad Divi, despite failing his class 12 exams, became the wealthiest person in Hyderabad and a leader in the pharmaceutical industry. His journey from a small village in Andhra Pradesh to founding Divi's Laboratories is a testament to perseverance and hard work.
The results of class 12 are often regarded as the foundation for one's future, with good grades opening doors to top universities and prestigious careers. However, even after struggling with his class 12 performance, Dr Murali Krishna Prasad Divi achieved remarkable success. Overcoming his early setbacks, he became the wealthiest individual in Hyderabad and is now a leading figure in the pharmaceutical industry. Let’s explore his inspiring journey to success.
Background
Dr Murali Krishna Prasad Divi was born in a small village in the Krishna district of Andhra Pradesh. From a young age, his academic performance was average, and he encountered numerous challenges during his early education. In class 12, he faced a major setback by failing the exams, which became one of the most difficult moments of his life. However, despite this failure, he refused to give up. Against all odds, he managed to pass class 12 and move forward in life.
After completing his school education, Dr Murali Krishna Prasad Divi's struggles were far from over. He enrolled in the Bachelor of Pharmacy (B Pharma) programme. He encountered numerous challenges right from the first year. However, this time he made a firm commitment to never look back. Not only did he successfully complete his degree, but he also began to dream of carving out his own unique path in the pharmaceutical industry.
Gaining experience
Dr Divi began his career as a trainee at Warner Hindustan in 1975, which proved to be a valuable learning experience. However, his true ambition was always to start his own business. He understood that to succeed in business, he needed to have a comprehensive understanding of all its facets. To gain the necessary experience, he moved to the United States, where he worked for $7 an hour. This experience allowed him to gain insights into the global market and the pharmaceutical industry, laying the foundation for his future success.
Cheminor Drugs
While working in America, a family emergency prompted Dr Divi to return to Hyderabad, an event that would ultimately alter the course of his life. In 1984, he, in partnership with Dr. Kallam Anji Reddy, acquired Cheminor Drugs. This move became a pivotal turning point in his career. At Cheminor, he gained invaluable insights into the intricacies of pharmaceutical research and manufacturing, setting the stage for his future success in the industry.
Divi's Research Center Private Limited
By 1990, Dr Divi was determined to forge his own path. He established Divi's Research Center Private Limited, which initially offered technical advice and services to other pharmaceutical companies. However, his true dream was still to be realised. In 1994, using the capital he had carefully accumulated through years of hard work, he invested in a new venture. He laid the foundation for a state-of-the-art Active Pharmaceutical Ingredient (API) plant in Nalgonda. This plant would eventually become the cornerstone of Divi's Laboratories, marking the beginning of his remarkable journey in the pharmaceutical industry.
Business success
Dr Divi always placed quality at the forefront of his work. He was committed to never infringing on patents and consistently refused to take shortcuts. This dedication to integrity and excellence earned his company global recognition. Divi's Laboratories developed strong partnerships with eight of the world's top ten pharmaceutical companies. Today, it stands as one of the largest and most respected pharmaceutical companies in India.
In October 2024, Dr Murali Krishna Prasad Divi and his family were featured on Forbes' list of India's 100 richest people. With a net worth estimated at $9.2 billion, he ranked 29th on the list. His remarkable journey serves as a testament to the power of perseverance, showing us that rather than fearing failure, we should learn to turn it into our greatest strength.
Last Updated Jan 8, 2025, 11:08 AM IST