A missile fired by Russia on 12 April fell at a pharmaceutical warehouse in Ukraine. Ukraine claims that the warehouse was of India’s major drug company Kusum Healthcare. Regarding this attack, India’s embassy in Ukraine said, Russia, which claims special friendship with India, is deliberately targeting Indian industrial properties. In this missile attack, the medicines required for children and the elderly were destroyed.
Who is Kusum Healthcare?
Kusum Healthcare Private Limited is an important drug manufacturer in India, which is fully exported. It started in 1997 and its headquarters is located in New Delhi. The company’s first manufacturing plant was set up in Bhiwadi, Rajasthan in 2007. After this, another state -of -the -art automated plant was started in Indore in 2018.
28 countries eat medicines
Kusum Group has four manufacturing plants – in three India (Rajasthan and Madhya Pradesh) and a Sumi city of Ukraine. The company has 2 directors: BP Gupta (Founder) and Sanjeev Gupta.
Kusum Healthcare is present in 28 countries, including the European Union, Mexico, Ukraine, Middle East, Africa, and many countries in South Asia. Apart from India, it includes Cambodia, Malaysia, Singapore, Vietnam, Thailand, Myanmar, Mongolia, Philippines and Laos.
Research and brands
The company also has two modern research centers. More than 2000 professionals are working in India, Ukraine, Moldova, Uzbekistan, Kazakhstan, Mexico, Kenya and other countries. Kusum Healthcare has more than 100 brands, which are used in areas such as gynecology, cardiology, neurology, gastroenterology.
Kusum Healthcare Private Limited earned a revenue of ₹ 488 crore by ending the financial year 31 March 2024. Compared to the previous year, the company’s compound annual growth rate (CAGR) has been 4%. Kusum Healthcare is a private company that was established in 1997 and is classified as “Share Limited Company”. The company has four manufacturing units, including Bhiwadi (Rajasthan), SEZ-Pithampur (Indore) and the city of Ukmanin.