Established in the year 1981, Adani Pharmachem, is engaged in manufacturing, exporting, wholesaling & supplying an array of APIs (Active Pharmaceutical Ingredients) & Fine Chemicals. This range of products is formulated using factory-tested chemicals, which are obtained from a trustworthy vendor base of the industry. The company has invested resources to find this vendor base. Apart from this, Adani Pharmachem uses latest technology to formulate the chemicals, with strict adherence to set norms and standard of the industry. Therefore, the chemicals of Adani Pharmachem are widely appreciated for accurate composition, longer shelf life, high effectiveness and best purity.
The Dynamic Young Leader
Mr. Rushabh Adani, Managing Director of Adani Pharmachem is a B.B.A. graduated from Christ College, Rajkot (Sau. University). He has over 16 years of experience in Manufacturing & Exporting of APIs and Fine Chemicals
Mr. Rushabh joined Adani Pharmachem Pvt. Ltd. in Year 2000 with vision to start export of their products within span of 2 years of his joining; Company started exporting their products in 10 countries with almost 55% jump in sales from preceding years. From there onwards there was no looking back and year on year company sales was increasing and company gain rapid name and growth in International Market. In spite of not having technical degree, he was very much successful in marketing pharmaceutical products having gained knowledge from technical staff and industry personnel. Today, the company manufactures more than 30 odd products in various categories and Exports their products in more than 35 countries with 75% of sales in International Market. He has gained experience and technical knowledge under the guidance of his father, Late Shri Haresh Adani, Founder of the company.
The Pillar of Adani Pharmachem
Adani Pharmachem is supported by an expert team of professionals and it works hard to deliver the best quality products to the customers. Their team members comprises Q.C. Chemists, Q.A. Executives, Plant supervisors, Manufacturing Chemists, Marketing & sales executives, Export officers, administrative professionals and warehousing & packing professionals. All the members of Adani Pharmachem’s team works in unity to achieve the goals of the organization.
“Apart from our team, we are supported by a state-of-the-art infrastructure which is spread over a large area of operation. We have installed all the requisite machinery in our formulation unit to fulfill bulk of orders within committed period of time. Our research & development unit tries to innovate cost-effective and new manufacturing processes without hampering the quality of the chemicals. This unit also tries to develop the new products. We export in Africa, Asia & American Countries & Indian Sub-continent,” asserts Rushabh.
Adani Pharmachem’s Say on the Current Industry Scenario
Adani Pharma believes that the pharma market is becoming highly competitive and also dominated by low price means competitive pricing. Now a day’s lots of new drugs are being introduced and in this world so existing old drugs are facing problem of lower demand and product life cycle is decreasing. Also stringent rules and regulation in industry is reason for slow growth rate. In this era one has to provide best quality of product at highly competitive price Industry is facing lot of competition from China. Due to drug price control on many finished formulation market for Bulk drugs is very competitive these days.
The Company’s Success
Adani Pharmachem attributes its success to the longer visionary promoter of the company late Shree Haresh Adani. They say that it is his training that have made them capable and attain this position. It’s his expertise, which has helped the company to reach at this level. Moreover, efforts of their employee and workers also played vital role in company’s success.
Challenges are the part of life ups and downs may come but what counts is how we face them and overcome them. At Adani Pharmachem also faced many challenges in the period of 34 years.
Sometime, challenges might be quality, price finance customer specific need, but the company strives to overcome all because of dedication of their dedicated team and top management efforts.
Also customer audits and certification processes are challenging and Adani Pharmachem tries to resolve it with expertise help. Also, these day environmental issues are the bigger challenges, but company has overcome them with professional help and latest environmental protection equipment.
Maintaining Long Term Relationship with Clients
Customers are king and key point of success is having strong customer base.
In order to build a strong customer base providing quality product on the regular basis is key point. Secondly, along with quality, timely delivery of the goods with competitive prices too are vital in developing some personal relationship with friendly behavior and having their odds they trying to solve their problems prompt action on any issue contributes to successful customer base.
Future Perspective of Adani Pharmachem
Hard work and Innovation should be the DNA of any industry.
As many new drugs are introduced APIs industry is growing too, so market and demand will increase. Customer will get innovative new product at competitive rate, best quality, services and availability on timely basis. Adani Pharmachem’s teamwork, dedication of each and every member of the unit and punctuality is the best part and with the help of the company’s R&D team their knowledge Adani Pharmachem is soon going to introduce new product with the company growing at pace of 20 %. The company is also striving to increase manufacturing capacity to meet increasing demand.