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Mazumdar-Shaw flags risks of weight-loss drugs as Kamath questions weak demand in India
short by Vaishnavi Mishra / on Sunday, 28 June, 2026
Zerodha CEO Nithin Kamath questioned why generic GLP-1 weight-loss drugs have not seen a surge in demand in India despite becoming significantly cheaper than a "gym membership". Responding to him, Biocon founder Kiran Mazumdar-Shaw highlighted the long-term risks associated with GLP-1. "For those who are not diabetic or clinically obese, diet and exercise should be the first option," she said.
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