Mahesh Sir

So far we are concentrating on the fact that Hical has
done considerable investments and is ready to harness benefits arising out of it.In this we are assuming that
Hical will be able to monetise the assets.A lot has been
said about CRAMS space in India but in last three to four
years no major deal/contract has come to Indian companies
way.Jubilant life sciences invested in capacity build up,dishman invested in capacity build up,nothing materilised and companies went down under debt.We
need to analyse capability of Hikal to monetise assets if
at all the outsourcing starts in a big way

Hikal bags ICC Aditya Birla award for Best Responsible Care Committed Company 2011

Our Bureau, Mumbai Thursday, October 18, 2012, 17:10 Hrs [IST] The ICC in the presence of the International Council of Chemical Association (ICCA), Responsible Care Leadership Group presented “Best Responsible Care Committed Company for 2011” award to Hikal Ltd. at the Annual Indian Chemical Council Awards function held at The Taj Mahal Hotel, Mumbai on 12 October 2012. Speaking on the occasion, Jai Hiremath, chairman and managing director of Hikal said, “The ICC Aditya Birla Award is a testament of Hikal’s commitment to continuous improvement in performance when it comes to environment protection, health and safety and commitment to sustainability through the development of innovative technologies. Our goal is to continuously improve the environmental, health and safety knowledge of people and those of the surroundings, using resources wisely and minimising waste and to foster the responsible management of chemicals in our development and manufacturing processes along the value chain. For us, being a Responsible Care company goes beyond the mandatory regulatory compliance and enables us to positively contribute to the sustainable development of local communities and society as a whole.” The Indian Chemical Council was established to promote the Indian Chemical Industry. Its vast membership includes both Indian companies with a global presence as well as subsidiaries of multinationals. ICC holds its annual awards to encourage achievements of excellence in various fields. Nominations received for this award were scrutinised by a committee consisting of experts from the industry and academia. Hikal, a manufacturer of active ingredients, intermediates, regulatory starting materials and a provider of research support services to the Pharmaceutical, Crop Protection and Specialty Chemicals industry.