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Home > City Resources > Health and Medicine > Aurobindo Pharma Ltd

---------------------Scaling heights
Aurobindo Pharma achieved robust results during the year 1998-99. The sales recorded an increase of 86 % over the sales of 1997-98. The company could achieve this higher growth by increasing the capacities for semi - synthetic pencillins, quinolones, etc. and also by introducing both sterile and non- sterile cephalosporins to its product mix. Presently exports constitute about 40% of the total turnover. The wholly owned subsidiary company at Miami in US has commenced operations. It has also set up a wholly owned subsidiary in Hong Kong and a jont venture in Thailand.

The company is focussing its thrust on formulations. Majority of the future investments would be in this direction.Plans are on to launch new products to increase the therapeutic range. In the next two years they plan to invest Rs. 60 crore and if it materialises it will soon be in a different league altogether.
Automation, computerisation, information technology, virtual offices will become common place. Electronic Commerce, robots in production, will offer workers free time and a healthy environment, ensuring high level of productivity.
Through reverse engineering and massive production capabilities in semi-synthetic pencillins,Aurobindo has become a top player in the country and the world's 5th largest producer of semi-synthetic pencillins. Aurobindo today has the capacity of producing Asia's largest Sterile cephalosporins.
Public listing of the company's stock through the bought out deal mechanism is a major landmark in the history of Aurobindo. The company has issued bonus shares twice in the last five years.The top Management and the Board of Directors are always on the move for new innovations.
Sincere commitment, a strong will, perseverance, coupled with careful planning have been the pillars on which the success of Aurobindo has been achieved. Understanding of the market, updating technology for cost effectiveness and innovation have helped them succeed. The company hopes to achieve a sales target of Rs. 1000 crores by 2001 A.D.

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