Ranbaxy opens new manufacturing facility in Morocco

12 Mar 2012

1

Ranbaxy Laboratories Ltd today announced the setting up of a second facility in Morocco, expanding its presence in the $1-billion Moroccan market and opening doors for direct business in North Africa.

Ranbaxy Morocco is now authorised to commence manufacturing at the new facility at Casablanca, Morocco, with the successful audit of the facility by the Moroccan health authorities, Ranbaxy said in a release.

"Ranbaxy has a significant presence in Africa with its own ground operations in key markets. Morocco is one of the important markets and this manufacturing facility further reinforces our commitment to the people of Morocco and the African continent," Mahendra Bhardwaj, head, Africa operations of Ranbaxy, said on the inauguration of the facility.

In addition to servicing the Morocco market, Ranbaxy also plans to extend the supply from this manufacturing unit to other African countries, in the coming years.

Ranbaxy already has a strong presence in Africa. Besides the two facilities in Morocco, the company has two other manufacturing units - one in Nigeria and the other in South Africa.

With five subsidiaries, five representative offices and a strong workforce of nearly 1,000 people, Ranbaxy's distribution network caters to 44 of the 54 countries in the African continent.

A subsidiary of the Daiichi Sankyo Group of Japan, Ranbaxy Laboratories Limited is also India's largest pharmaceutical company manufacturing and marketing a range of affordable generic and patented medicines worldwide.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers