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The Himalaya Drug Company, the Bangalore-based herbal healthcare
company plans to set up offshore manufacturing facilities in the
US and Europe through transfer of technology as part of its global
expansion plans.
The Rs. 200 crore company has already formed joint ventures with
leading healthcare companies in Africa, Europe, and the US. "We
will soon commence our first offshore manufacturing operations in
the Gulf region for marketing seven of its healthcare and personal
care products", Mr. Ravi Prasad, President and CEO, Himalaya
Drug Company, said.
The company has transferred its know-how to a local pharmaceutical
company in the UAE for manufacturing some of its products. This
facility will also be marketing the range of Himalaya products in
the entire Gulf region.
The company, as part of its globalisation drive plans to bring
in its various healthcare and personal care products, marketed presently
in different brand names, under a single brand name Himalaya.
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