After graduating from Annapotanna Bold High School, Reddy received his first Bachelor of Science degree from A.C. College at Guntur in 1958. He then earned his B.Sc.(Tech) in Pharmaceuticals and Fine chemicals from the University Department of Chemical Technology of University of Mumbai (now Institute of Chemical Technology, Mumbai), followed by a PhD in chemical engineering from the National Chemical Laboratory, Pune in 1969.
Reddy died of cancer on 15 March 2013 at the Apollo Hospital in Hyderabad. He is survived by his wife, son and daughter.