Can Dr Lal Pathlabs find a new path in overcrowded sector?9 min read . Updated: 18 Aug 2022, 10:15 AM IST
Dr Lal Pathlabs knows it can bank on its brand value, but it can’t be complacent either. It's already on the job.
NEW DELHI : Dr Lal Pathlabs Ltd has a storied history almost as old as independent India. Starting out as a pathology service provider and blood bank in 1949, it was incorporated in 1995, and has the bragging rights to be the oldest and leading player in the diagnostics industry. Yet, with new entrants milling the diagnostics space, and the pandemic facilitating this overcrowding, the challenge before Dr Lal Pathlabs isn’t about merely staying relevant but staying innovative. And it’s already on the job.
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