Diagnostics chain Dr Lal PathLabs, which had a blockbuster listing last year, is making significant investments to mark its presence in the western and southern regions of the country while continuing to focus on northern and eastern regions. In an interview with VCCircle, the company’s CEO Om P Manchanda said it has picked Pune and Bengaluru to expand in these regions.
The company will also look at acquisitions in the domestic market, Manchanda said, adding that organic expansion will continue to drive growth.
He also talked about how the diagnostics chain aims to beat industry revenue growth rate, competition from PE-backed regional players and why he will continue to bank on its consumer-facing business model.
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