Pharmax India Pvt. Ltd is a WHO GMP certified pharmaceutical company manufacturing parenteral formulations & ophthalmic solutions since 1959. How has your company evolved to being a global player over the decades?
“Our journey to becoming a global player has been marked by strategic milestones and continuous growth. Initially, we started as a local business, focusing on serving our community with our products. Subsequently we expanded regionally, tapping into neighboring markets and establishing a reputation for quality and reliability by obtaining WHO GMP certification. This certification is crucial for international acceptance.
Recognizing the potential of globalization, we took deliberate steps to enter international markets. This involved market research, adapting our products to meet diverse regulatory requirements, and forging partnerships with local stakeholders, to penetrate new markets effectively and gain a foothold.
Investment in technology and innovation has been pivotal in our global expansion. Cultivating a diverse and talented workforce has been another cornerstone of our global success. Our team’s dedication and expertise have propelled us to navigate challenges and seize opportunities in diverse global markets.
Today, we continue to evolve and adapt to an ever-changing landscape to deliver superior customer experiences globally. Our journey is a testament to our resilience, vision, and unwavering commitment to excellence, with a core ethos of Our concern is mankind. ”
You hold an impressive techno commercial background and a rich experience of 45 years in diverse fields like Pharmaceuticals, ship-building, off shore projects to being an academician. How do you look back on your journey?
Looking back on my journey spanning 45 years across diverse fields, I see a tapestry woven with experiences, challenges, and achievements that have shaped my professional and personal growth with a sense of satisfaction.
Each phase of my career has been a learning curve, from overseeing large-scale projects in ship-building to navigating the intricacies of pharmaceutical research and development, each experience has enriched my understanding and honed my skills.”
Transitioning into academia marked a significant shift where I had the privilege to impart knowledge, mentor aspiring professionals, and contribute to the next generation of leaders. Teaching allowed me to blend industry experience with academic rigor, fostering innovation and critical thinking among students
Throughout my journey, have witnessed firsthand the evolution of technologies and practices in each sector. Adaptability and a commitment to excellence have been key and navigating the complexities of global markets and technological advancements has required continuous learning and a proactive approach.
Innovation on the back of intensive research and development are the foundational principles for your business. Which are some of the upcoming areas that you are looking to invest in upcoming years?
Looking forward, Pharmax remains steadfast in its commitment to innovation driven by intensive research and development. “In the upcoming years, we are focusing on advanced biotechnology and pharmaceuticals, renewable energy solutions, healthcare technologies, environmental and social governance (ESG) Initiatives, and smart manufacturing.
These areas reflect our dedication to staying at the forefront of technological advancements while addressing global challenges and meeting evolving market demands.
Your Company has been providing host of services across the globe in multiple countries. How do you see this global presence of yours expanding in near future?
Pharmax’s global presence is poised for expansion in the near future, driven by strategic initiatives across key areas. We are keen on market penetration and expansion into new geographic territories. Forming strategic partnerships with individuals and local Government bodies, tailoring solutions and investing in infrastructure and logistics are pivotal to strengthening our operational capabilities.
Sustainability and corporate responsibility are integral to our global strategy. By integrating environmental stewardship, social responsibility initiatives, and ethical business practices into our operations, we aim to make a positive impact on communities worldwide.
Pharmax’s customer-centric approach remains paramount, prioritizing feedback and insights to enhance global customer satisfaction. We are proactive in navigating regulatory landscapes and mitigating geopolitical risks to safeguard our global operations.”
As Pharmax India Pvt. Ltd looks ahead, its commitment to sustainable growth, meaningful partnerships, and delivering value to customers worldwide. With a legacy built on excellence and a vision set on the future, Pharmax is poised to redefine standards and make a lasting impact in the global pharmaceutical landscape.