Early Life
Dilip Surana was born on January 18, 1966, in Bangalore, India. He completed his schooling at Bishop Cotton Boys High School in Bangalore. He pursued a Bachelor of Commerce (Accounts) degree from St. Joseph's College of Commerce, Bangalore University, graduating in 1987. Surana's early life was marked by his exposure to the pharmaceutical industry, as his father, G.C. Surana, founded Micro Labs in 1973.
Rise to Success
Dilip Surana joined the family business, Micro Labs, in 1988. Under his leadership, Micro Labs expanded its operations and diversified its product range. He introduced specialty-focused divisions in the 1990s, including those for cardiology, neurology, and ophthalmology, which contributed to the company's growth. The company's revenue has grown to $500 million. Surana's strategic decisions and focus on quality helped Micro Labs achieve international regulatory approvals, including US FDA and UK MHRA. During the COVID-19 pandemic, the company's Dolo-650 paracetamol brand gained significant market share, boosting sales and profits.
Key Business Strategies
Micro Labs has focused on producing quality healthcare solutions at affordable costs. Surana emphasized the importance of innovation and introduced new molecules and formulations. He also prioritized building automated manufacturing units to enhance production efficiency. The company has expanded its presence to over 50 countries.
Philanthropy
Through the GDA Foundation, established by his father, Dilip Surana has been involved in philanthropy, supporting hospitals, schools, and research centers. The Surana Educational Institutions speaks for Knowledge fuels success.