Friday, November 13, 2026
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Unmasking the Ethics of PCD Pharma Cos and the Incentives of Luxury Cars

🎁 The Diwali Dazzle: A Gilded Distraction?

In October 2025, MK Bhatia, founder of MITS Healthcare Pvt Ltd in Panchkula, Haryana, made headlines for gifting 51 luxury cars to his employees as a Diwali ‘thank you.’ Applauded on social media for generosity, the spectacle also provokes a deeper ethical question — what kind of corporate culture does such extravagance reflect in an industry built on healing?

🏭 The Pharma Belt: Haryana and Baddi

The twin industrial corridors of Haryana and Baddi (Himachal Pradesh) form the heart of India’s small and medium-scale pharma manufacturing. Enabled by tax incentives, low-cost infrastructure, and easy-to-obtain licenses, they have become a breeding ground for both rapid innovation and chronic non-compliance.

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