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Greenfield manufacturing plant in Goa

Fertin Pharma AS, part of the Danish pharma-to-confectionary Bagger-Sorensen Group, is entering India by establishing a greenfield manufacturing plant in Goa. A world leader in gum-based anti-smoking products and candies, Fertin will open its new India plant - its first manufacturing facility outside Europe - for nicotine chewing gum in November to cater to its clients in the entire Asian and other emerging markets.  

 Nicotine chewing gum helps smokers and tobacco users quit the habit. India being a country with some 330 million tobacco users and most affected by tobacco induced health issues including cancer deaths, Fertin see this market as most important in its future growth strategy. 

Fertin, as a custom manufacturer, will partner with top pharma marketing companies in India and other emerging markets. The company is already a supply partner to top pharma companies including GlaxoSmithKline, Novartis and Perrigo in its existing markets, especially the US and Europe. “There are quite a few big pharma players, who have shown interest in partnering with us for India and these deals will be formalised before the local plant goes on stream,” said S Ravi Kumar, CEO and MD, Fertin India Ltd.   

The Danish company, which established a research and development centre in India earlier, has been doing product development for its global customers at its Mumbai centre since 2011. The product development capabilities in the Mumbai centre will be expanded for Indian customers (partners who source finished products from Fertin and selling under their respective brand names).  

 The nicotine chewing gums are prescription products and the two active players in this segment in the local markets include drug maker Cipla and cigarette and consumer staple maker ITC Ltd.  The current market for medicated chewing gum is estimated at Rs 75 crore and Cipla has about 80 per cent market share. Fertin’s new facility in Goa, which was set up with an initial investment of Rs 30 crore, will have a manufacturing capacity of 300 tonnes per year. The fully automated plant employs some 35 people at present and it will be almost doubled in the next one year, Ravi Kumar said. 

  The company’s plant in Denmark located at Vejle has a production capacity of 5000 tonnes a year and currently caters to mainly US and European markets. The tobacco cessation products from the company’s Goa plant are expected to be rolled into the Indian market by early next year.
source:businessworld

HAL to Explore Goa as Helicopter Manufacturing Hub

Defence Minister Manohar Parrikar stated that bengaluru-based Hindustan Aeronautics Limited has been asked to examine the feasibility of making Goa a hub for manufacturing helicopters.

Mr Parrikar, who was formerly chief minister of Goa before his elevation as defence minister said that the Public Sector Undertaking has been asked to put together a tentative business plan for the Goa project. He said they have asked them to examine the feasibility of Goa as a second hub for manufacturing of helicopters.

The minister had first announced his intentions of creating a helicopter manufacturing hub in Goa during an investment summit in Panaji earlier this year. Mr Parrikar has already allotted Goa Shipyard Limited (GSL) - a defence minister-operated institution, a contract of building 12 minesweeper ships for the Indian Navy, worth s. 32,000 crore.

The contract is one of the biggest defence-related contracts ever handled by the Goa-based shipyard. GSL will be the lead agency for manufacturing the 12 Mine Counter Measures Vessels, Mr Parrikar said.

Mr Parrikar said that this contract alone would raise Goa's industrial growth by 10 per cent.

Source: ndtv

Goa Manufacturers, Goa Suppliers, Manufacturers Goa, Suppliers Goa, Manufacturing Companies Goa

Goa is the place which is traditionally known for tourism. In fact Goa is also a favorable place for manufacturers. Goa is the second largest producer of iron ore in India. Goa has produced 20.3 % of India’s total iron ore. And they exported over 70 percent of the output. Pharmaceutical is a key industry for Goa’s industrial sector. Goa pharmaceutical manufacturers produce 12 percent of total medicines produced in the country. Goa manufacturers have well-developed social, physical and industrial infrastructure.

The state’s 10 percent of the total investment is spent to manufacturing industry. Goa is a base for some manufacturing industries like fertilizers, electrical machinery, automatic washing machines, fish-net making machines, printed circuit boards, cements, pharmaceuticals, pharmaceuticals machinery, tyres and tubes. Goa manufacturers contribute more to the state’s economic growth and country as well. A large proportion of population can speak more than one foreign language like English and Portuguese. This knowledge in literacy speaks sound in highly skilled and well educated labour pool. Goa manufacturers have advantage of such labour pool.

Goa government offers several industrial policies and incentives to encourage manufacturers to invest more on manufacturing. Thus Goa manufacturing industry contributes more to the economic development of the state. Goa manufacturers concentrate more on research and development to meet the competitiveness among other manufacturers. They are strong in technological advancements because of the highly developed information technology industry. This is the reason behind the quality products of Goa manufacturers.

Bizbilla.com has reputed and genuine manufacturers list for global trade. Bizbilla connects you with the quality manufacturers of various categories in Goa.