Prathap C. Reddy
Award Name : Padma Vibhushan
Year of Award : 2010
Award for : Business & management
Location : Chittoor, Andhra Pradesh, India
Prathap C. Reddy is
an Indian entrepreneur and cardiologist, who founded the first corporate chain
of hospitals in India, the Apollo Hospitals Group. He was born in 1933 in Aragonda,
Madras presidency, British India. He started on his mission for providing
quality health care in India in the eighties. It is believed that he was
spurred by his failure to provide critical care to a patient in the U.S. The
patient died as a result. This incident prompted him to start world-class
affordable health care facilities in India. He set up the first of a chain of
Apollo Hospitals in India in Chennai in 1983. Dr.Pratap Reddy then started
India's first hospital consultancy body-the Indian Hospitals Corporation. He
consequently commissioned two more tertiary health centers in India. Dr.Reddy
has been successful in attracting the cream of Indian medical doctors from
developed economies like the U.S and U.K. For his efforts Apollo Hospital is
recognized as one of the finest in the world-at par with the hospitals in the
First World countries. Dr Reddy is now spreading Apollo Hospitals Group to
other parts of Asia. The group opened its first clinic in Dubai in March 1999 and
is coming up with projects in Sri Lanka, Africa, Bangladesh, and Oman. Dr.
Reddy is currently looking at secondary health centers in semi urban and
smaller cities and has already identified 23 sites for the purpose. Reddy, a
winner of the 1991 Padma Bhushan, received the Padma Vibhushan, which is
India's second-highest civilian award in 2010. In a recent interview for the
Creating Emerging Markets project at the Harvard Business School, Reddy
explains how he navigated India's crippling bureaucracy to bring world class
healthcare to the country.