Mr. Mukund Mehta, Chairman & Managing Director of Kilitch Drugs
New Delhi (India), March 21: Kilitch Drugs India Limited is a Leading MSME multinational manufacturer of Injectables in India and Ethiopia. Kilitch has purchased 15 Acres land parcel in Village: Maldev, Taluka: Pen, on Pen – Khopoli Highway, Maharashtra, as the beginning of its expansion plan.
The land bought by the company will be used for establishing a state-of-the-art greenfield pharma manufacturing complex. The company plans to set up 4-6 manufacturing units in different therapeutics categories to cater to the growing demands in Domestic and Exports markets. The expansion will be in a similar line of products like Injectables and other Biotech products. The project envisaged is futuristic and shall have maximum recognition of the world’s leading regulatory authorities.
Commenting on this Mr. Mukund Mehta, Chairman & Managing Director of Kilitch Drugs, said, “We are on a growth trajectory and demand for our products is increasing. This expansion will help us to fuel our growth plan. This will be an ultra-modern facility, and the capex requirement for this facility will be in tune of approx. Rs. 100 Crore.
We are planning to fund the capex mainly through internal accruals, and it will be in a phased manner. We are looking for a horizon of 2 years to commence commercial production of Phase I. Once the total expansion is complete, it will generate a Revenue opportunity of approx. Rs. 500 Crore.”
Established in 1978, Kilitch Drug (India) is a successful pharmaceutical solution company. The company has a major focus in the African region and have a strong foothold across key African countries, with 350 products in 26 African countries.
The Company has a manufacturing plant located in Mumbai with a dedicated dry powder section and small volume liquid ampoules and vials. In 2018 the Company started a greenfield project in Ethiopia for Cephalosporins Injectables. The Company’s manufacturing plants are certified by WHO, WHO GMP, ISO 9001, ISO 13845 etc.
The Company’s strong clientele includes Intas, Mankind, Indoco Remedies, and a few.
For FY21 the Company has achieved Total Revenue of Rs. 74.21 crore with PAT of Rs. 6.16 crore.
241484 847971Couldn?t be created any much better. Reading this post reminds me of my old room mate! He always kept talking about this. I will forward this report to him. Pretty certain he will possess a very good read. Thanks for sharing! 355381
90994 140956Would adore to constantly get updated excellent internet weblog ! . 499024
648773 538578Youre the best, Its posts like this that keep me coming back and checking this website regularly, thanks for the information! 421598
528822 833805Following study some with the weblog posts on your personal internet site now, we actually like your way of blogging. I bookmarked it to my bookmark internet website list and are checking back soon. Pls consider my web-site likewise and make me aware in the event you agree. 990161
873202 245764Oh my goodness! a amazing write-up dude. Thanks a great deal Nonetheless We are experiencing trouble with ur rss . Do not know why Not able to sign up to it. Possibly there is anybody finding identical rss problem? Anyone who knows kindly respond. Thnkx 346281
851414 594252We maintain your page. Watch it offline once again soon. Quite interesting article. 386788
834575 126725After study some with the blog posts on your personal website now, we really like your way of blogging. I bookmarked it to my bookmark internet site list and are checking back soon. Pls consider my web-site likewise and make me aware in case you agree. 619185