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Scott Edil acquires Baddi Unit of Alembic Pharma

Scott Edil acquires Baddi Unit of Alembic Pharma -The group's first inorganic move towards exports expansion -Acquired facility will be used for the growing export business  -New facility to bolster company's foray into better value formulations  Chandigarh, India, August 26, 2017: Scott Edil, a professionally managed pharmaceutical group based in Northern India today announced that its flagship company Scott Edil Pharmacia Limited (Scott Edil) has completed its ongoing transaction with Alembic Pharmaceutical Limited(Alembic) to acquire Alembic's liquid and oral solid dosage facility at Baddi.  Spread across 20,000sqm with a built-up area of 160,000sqf, the acquired facility has three manufacturing sections - Liquid syrups, tablets and capsules. This facility is equipped with state of the art machinery and well-built scalable infrastructure complying with the global standards of quality, health, environment and safety. The facility was earlier accredited with WHO GMP, PIC...

Thoughts

Some thought provoking, and few far fetched long term considerations... 1. Most people will stop buying cars in a decade-and-a-half (prediction that 95 per cent of all US passenger miles travelled will be addressed by fleets, not individuals, by 2030) 2. People will increase renting of assets (over buying these) because they will never be sure of where they would be living a few years hence. 3. The cost of commute will become the 'next telecom' (virtually free, that is). 4. Most cars will be made from recycled steel, as a result of which ore companies will go belly-up. 5. The large steel sector debt will not be able to be returned to banks. 6. Electric cars, with around 18 moving parts compared with 10,000 for the usual petrol-driven variety, would accelerat the death of the automobile components industry. 7. The demise of the auto component industry will affect the global alloys steel sector (including ore and ferr...

India@70

On the 70th Independence Day, let us work for a better India, a country enriched with unity, peace and prosperity. As only we can enable this, Let us also pledge to keep our minds and actions free of taboos, bias, religion and corruption.

All in your mind?

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The wrong turn

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Found something good on Pinterest

Okay is not okay !!!

Thoughtful