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Farmax India plans business expansion of over the counter products

29 Aug 2012 Evaluate

Farmax India is planning to expand its business of over the counter products by using the same selling and distribution network of the company’s existing FMCG network. For that, the company has identified market potentiality of the over the counter medicines and other products such as acidity control medicine, blood pressure, stress and diabetes prevention medicine and herbal mosquito sticks for reducing of mosquitoes without using any kind of harmful chemicals.

In this regard, the company has started research and development activities. The share application money collected through the recent preferential allotment of equity share will be utilized for carrying out the research and development activities. Venturing into the research and development activities will open new avenues of business for Farmex India in Future.

The company is engaged in the business of manufacturing and marketing of fast moving consumer goods. It has a manufacturing facility with advanced technology imported (machinery is one of the highly sophisticated in that category and was imported from Italian food Major) and indigenous automated machines to meet quality consistency and  market demand with minimum manufacturing cost resulting affordable finished product cost with consisted quality.

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