Twilight Litaka to expand capacity by 35%

Twilight Litaka Pharma Ltd has announced that the recently merged pharma player, the Twilight Litaka Pharma Group, has already emerged as one of India's fastest growing in the sector. To add to the blistering growth rate they have struck, is a "state of the art" new factory at Baddi, in Himachal Pradesh's Solan District, which was inaugurated on the 28th of this month. The plant is likely to add Rs 80 crores to the Group's topline while excise and other tax savings, are expected to add substantially to the Company's bottom line.

The new integrated pant allows the Company to manufacture all products in the Nutraceutical and pharmaceutical range, at a single location, it has three manufacturing plants, one for dietary food supplements, one for pharmaceutical tablets and capsules and the third for pharmaceutical liquids. Each of the first two, have a capacity of 30 million tablets and 10 million capsules a month while the third can produce 1 lakh litres of liquids monthly. This will add to the 3 existing plants and increase capacity by 35%.

Located in the foothills of the Himalayas, this factory presents a vivid contrast between the purity of nature and the best of modern technology. With HEPA filters ensuring 0.3 micon level air purity, the factory will follow WHO Good Manufacturing Practices, and will be MHRA, MCC and of course Schedule-M compliant. Company's vision to manufacture the finest of medicines and dietary food supplements, in India. is certainly coming true, which is why the Company gladly invested almost double of what is conventionally spent on Such plants.

With a very high degree of automation, the plant will afford employment to 150 persons. While the 1 billion strong Indian population provides a huge market, it is also one of the world's most competitive. The Company has adopted best of manufacturing practices and regulatory norms to ensure world class quality and is already exporting to 30 countries. The new plant will certainly boost the confidence the international customers already repose in the Company. With the addition of the plant which conforms to global standards, it would go a long way in strengthening global relationship.

Source : Equity Bulls

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