Chairman's Address

Chairman

Sarve jana sukhino bhavanthu

(May all live with joy & happiness)

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Vasudha Foundation

Vasudha Foundation

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Participations

Please visit our stall
CA 21 in BKC at CPhI Mumbai
from Nov 21 -23, 2016




Please visit our stall
CA 21 in BKC at CPhI Mumbai
from Nov 21 -23, 2016


Please visit our stall
CA 21 in BKC at CPhI Mumbai
from Nov 21 -23, 2016

Milestones & Recognitions

1994 – 1995 : Established the company
     
1997 – 1998 : Commenced operations with turnover of INR. 0.02 billion
     
2003 – 2004 : Obtained WHO GMP certification to all the leading APIs of its Unit I.
  : CHEMEXCIL ( Basic chemicals, pharmaceuticals & cosmetics export promotion Council ), Mumbai presented the “FIRST AWARD to the company for OUTSTANDING EXPORT PERFORMANCE in drug & Pharmaceuticals panel for the year 2003.
     
2005 – 2006 : Turnover crossed the milestone of Rs. 1.00 billion.
  : Received status of “STAR EXPORT HOUSE” from office of the Joint Director General of Foreign Trade, Ministry of Commerce & Industry, Govt. of India, which was valid from 01.04.2005 to 31.03.2009 and subsequently extended up 31.03.2013 and is further extended up to 31.03.2018.
  : All India Manufacturer’s Organisation, Andhra Pradesh presented Dr. M. Visweswaraya Industrial Award - 2005 to the company for Best Export Performance.
  : Business Initiative Directions’, Madrid, Spain presented the award WORLD QUALITY COMMITMENT INTERNATIONAL STAR AWARD – PARIS 2005 to the company for ‘TOTAL QUALITY MANAGEMENT’.
     
2006 – 2007 : Upgraded Unit I, situated at Jeedimetla, Hyderabad to cGMP standards.
     
2007 – 2008 : Commenced operations of the company’s 2nd production facility ( Unit II ) at Jawaharlal Nehru Pharma City, Visakhapatnam.
     
2008 – 2009 : Turnover crossed another milestone of Rs. 2.00 billion.
  : Obtained WHO GMP certification to all the leading products of its Unit II.
     
2010 – 2011 :

Commenced operations of the company’s 3rd production facility unit III  at Jawaharlal Nehru Pharma City, Visakhapatnam

     
2011 – 2012 :

Turnover crossed another milestone of 4.00 billion.
Obtained WHO-GMP certification to all the leading APIs of Unit III.

     
2013 – 2014 :

Latest Rating assigned by  ‘India Ratings & Research Pvt. Ltd. ( A Fitch Group Company )’  :

   
 
  • Long Term Issuer Rating :  “ IND A- “   with  “Stable Outlook
 
  • Short Term Debt Rating   :  “ IND A1 ”
with effect from 13-10-2014.

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