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ORAL LIQUID MANU FACTUIUNGINTRODUCTIONOrat iquidmarket ize n India s estimated t Rs.2,176 roreaccountingor about 00Zo1'theotaldontcsticpharmaceuticalndustry. heoral iquids reconsumedn about rnajor herapeuticegnretrtsrr ndia.Top6 therapeuticcgrnentsccountsorabout 3oh f thc otaI omest ic ral iquid ales. ' l 'heotaloral iquidmarket n NIrl{ is estimated t aroundRs.B6crore tr heyear2001-02.'hc NtlR oral iquid narkct s about4Yoof he otaldomestic ral iquid narket.As far asoral iquidsareconcerned,ighprevalencef cornrnolt oughandcold n \ER, tnake t very ar-u,eandattractivemarket.Also, he NER suffers rom diseaseselatedo hygiene ndcleanliness roblemsikeMalaria,Diarrhoea,tc.Substantial orl iono1'thepopulatiorr uffers rom acuteacidity. roblerns. r.r-ror.rgthcrcomrnouhcalth-related roblemsdentifie areVitamindeficiency, naetna, loint-pairrnd ttf ' latnnration,tc.arnong thcrs,which anbecatered y hcOralLiquidmanufacturinguit .I lasedon the demand-supplynalysis, olnrrlondisease rcvalentand othcr hcalth-rclatcd roblcrl, th cfol lowirrg ategorieare denti f ied, hichhave igni l icatt temandn he ofth-l iastRegion\ trR)aswel lasatuationalevel.CoughPreparationsColdPreparationsAntianaemic reparationsVitaminsAntacidsIn case 1 heoral iquidproducts, ith thesarnenfrastructure,unitcan lanuftrclurc rnuhiplc hcrapcuticsegrnentsi thoul igni l icanthangesn heequiprnent,ools ndproce se .MARI(E'T POTE\TIALi lxhibi t provideshemajororal iquid herapcuticegrnentsnd hcirsizcs n crr ls ol"Al l ndiadomcsticoral iqLrid arket nd ER oral iquidmarket.

* If you want to know more about the detail project, contact WILLFORCE.

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Exhibit I]44jor TherapeuticSegmentsor Oral Liquid Market

(Urtit: Rs.c'ntra)Part iculars All India

Market SizeNER Market

SizeCoughand Cold Preparation 804 z tA nlianaemc Preparations 2 7 1 8Vi tamins 206 t 0Antac d. Antif l atu ents 1 6 5 8Antib ot ic.Anti bacterial 82 2Anti n1'lammatorv.ntirheumatic 60 2-lbtal 2 " 1 7 6 86

Source:AFF ResearchCoughanclcold preparations re the most irnpoftant heiapeutic egment s far as the oral liquids areconcerned.t accountsor about lYoottheall Indiaoral iquidmarket izeandabout 1%ofNER oral iqLridrnarketsize.Antianaernic reparations nd Vitarninsand Antacids,Antiflatulentsare other imporlantcategorie noral iquids.-l 'heestirnatedrowth ate or all Indiaoral iquidmarket s about4 to 5o/o hile n NER it is estimatedo begrowingat about 6 to 180%verpast5 years.Consideringhe samegrowth ate, he domestic ral iquidmarketn lndia ::estirnatedo beRs.3,3 0crore n heyear20l1-12.TheNE,R ral iquidmarket sestirnatedto grcrw tabout160%vernext 0 years.n theyear2011-12,heNER market or oral iquids s estimatedobeRs.378 ro re .

PI,AI{T CAPACITY AND PRODUCTION TARGETSPlant apacity ndproductionargetsor heproposed nithavebeen rrived tbased n ollowing actors:ProductMix (bascd n variousherapeutice rnents roposedor manufacturing)Demand SupplyGap in heNorthEastRegion)MinimurnEconomicPlantSize-Theeconomic ize or manufacturingor NE,R eg ion s 500 itrebatch ize(Basedon the discussion ith largephannaceuticalnanufacturersnd variousunits nvolved n contractnran .r-actr"ring .RatedCapacity I'the eyequiprnentTheproposed lantwill have batch izeof 500 itres n oneshiftandwill operate n a single hiftbasis.Withsalesealisatiorrf Rs.3.06 rore,hemanufacturingnitwil l beaccountingor about6to 8o/of the otalNE,Roral iquidmarkct considering ales ealisationor thecontractmanufacturingr-ritsbout50 o 60% of theactual clailvalucof theproducts, s heunilsare nvolved n contractmanufacturing).It is proposcd hat the unit would be involved n contractmanufacturingor a largerpharmaceuticalcompany.t wouldprimarilycater o the needs f the NER. But would not be restrictedo th e NER alone

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' Iakinganoptirnist ic ut look,here s potentialbr about 5 to l6 oral iquid nalufacturingnits f sir, i larsize n NER' whichcould everageheopportunityn theNE,R. hemanufacturingotentials based n thcfol lowing-Salesealisationor contractmanufacturingnit and he etail alueof thesame)Demand-supplyapexistingnNERNumber f large harmaceutica llayers ctive n theNIrRoral iquidmarket ascontractnanui'acturingillbeconsideredor only arge layers ntialso, necontractmanuf cturer ouldbeengagedn rnanufacturingoral iquid br only one players ssecrecy f forrnulations critical ssue n pharrnaceuticalldustry)an dmanufacturingroducts, hicharenon-corlpetingnnature.Summing p:BatchSize: 00Litreson a single atch asis onebatch erday)PlantCapacily:29lac ottles erannum 50ml perbottle)Capacty Uti sation 25o/oy ear )FullCapacityJtilisation: ear3RAW MATERIALS AND INPUTSRaw MaterialsRawmaterials sed n theprocess epend pon hedrusmanufactured.ypically, n anydrug nanufacturedthere re wo ypes frawmaterials sed:ActivePharrnaceuticalngredientsApls)ExcipientsWaterThe equirernentl 'wateror500-l i tre atch ral ic luid-rnanulacturingnit sapproxirndtely.500 -i tres erduy.EI,ECTRICII' \ 'Approxirnateower equirement1 'a 00-l i tre atch ral iquid-ntanuf 'acturingnit s 30 kW. vhich anbcavailedrom henearestub-stationfrespectivc tatc ilectricityBoard sEB).MAI{UFACTURING PROCESSThe low chaft orthemanufacturingrocesssasshownbelow n he lxhibit

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l lxhibitEbn{la{&rgraurq ul{Manufactu ring process

RarvMaterialHandl ing ndMix ing

Ilott l ing

t-abel l ing

QC ApprovedQC Not [=+

RecoverApprcvedL--* Rejecl

1 RecoverNot Approved

I Reject

Productackingt QC \otApproved

QC ApprovedProduct

Thc oral Iicluidmanr.rfacturingrocesss a batchprocess.nitially, he raw n-raterialoes hrougha QuatityChcck QC)and lapprovcd ariotts ct ivePltannaceuticalngredientsAPI)andExcipients redispelsedforprocessing.Irr hc tartk all theexcipients remixcd with thc slri-laryrLrp.-[ 'heixtureof sugar yrupandexcipientsstaken o he ank2 whereActivePharmaceuticalngredientsAPIs)aremixed.'[ 'hesolution rour the tarrk2 is taken cl hc co-rnill and horlogenizerwhereall the raw materials re

SugarSyrupPreparation('Iank 1)

Mixing of API(Tank2)Co Mi l l andHornogenzerebefore lotl le F' i l l i(Tank )

t ,abeingMachining

CupDispensing(l required)

Secondary acking

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rnixed ni f i l rnl l , to brrna hornogeneousolut ion. ' l 'hisolr-rt ionspuutpednto hc attk lwlterc t is storeclbelbrc i l l ing n hebott les.At thisstage. QualityCheck scarried ut o check arious uality-relateaspects f thc arv naterials.t thcsolut ionsapproveduring hequal i ty heck,t s aken o he i l l ingsection.In the il l ing section,hebottles re illed asper hc requirernent,vherehe specified uantity s dispcnsed 1'the nachinc. fter fi l l ing hebottle,hecappirrgakes lace nd hebottle s scaled. hc scalcd ottlc. s akcnlbr nspectionvherehcbott lescheckedorqual i ty elated spectsikeRightarnoLrntofiquid r l led n hcbott le[]ottle sair ightandsealcd roperlyAny cracksn hebott leLeakage f l iquid rom hebottlc, tc.Afier f i l l ing hebott le,he abel l ingakes lace. n labcl l ing cct ion,hc various nanufhcturingetai ls reprintedonto he primarypack ike batchnumbeqdatc of rnanuf-acturing,aximum etai lpriceof thetherapeutic,tc. s equired y rood ndDrugsAct.Additionally, econdaryacking sdone or theoral iqLridsn cardboarcloxcsand n corrugatcd oxes.l 'hepacked ral iquids o hrough C or inal nspecl ion.QLh L I-Y,\TA { DARDSAND I ECHNOLOG YTheplantshould dhereo thenonns aidout n lndianGoodVanulacturing racticcsGMP)standarcls.Addit ional ly,f thc unit s set-up or exporlof pharmaccr.rt icalrodr-rctshenshould reet henonnsol-L,SI"DA.L,K MCA. WIjO, etc.as equiredn hcexporlmarkets.I l should enotedhatas heproposed nitwouldbe nvolvcd n contract anulhcturing,hcmanulacturingprocess elatcd cchnologywor"rld e providedby the principal organisalion or r,vhich he contractrnanuf'acturingor.rld e carriedout.The proposed nit would not bc involved n the basic orrnulationsrelatedesearchn he nitialyears.Additionally,hemanufacturingechnologybr \l l regionwouldnotdiffcr rcnrothcr cgions s hc sarncsnot egion pecif ic. s faras heoral- l iquidnanul-acturingquipmentsconccmcd,heproccssquipnrcntswidely vai lablen he ountry.

KEYASSUMPTIONS'l 'hekeyassumptionsnadewhilepreparingheproject rofilearedetailcd e ow :T-hc lant sa single ssemblyineunit.Unitopeatesnasingle hi f tbasis.r ightworking tours crshi l ' t .Un t operatesor 300 work ngdays n ayearL,nit hasa batch ize f 500 itresl-he and or thc unit isassumedo be n a notif iedarea.l 'heland s takcnon a long-terrncase. s pcr th enoms, fixedchargesor anddeveloprnentreconsideredtRs250persq.mtr.Additionally,easeentals reassumedtRs. .5ner f t .

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- i - l tccosts l - l l te'au'Inatcrials,aokingnatcrials,rt i l i t iesike uel. lectr ic i ty,tcare onsidcredonstantbrsirrpl ic i tr ' 'urposc. -ost f var ious thcr ct iv i t iesike nanpowersassurnedo beconstant. alescal isat iorrfbr finished ooclssalsoassutled onstantor 10years rom heyearof comrlenccmcnt.

Sr.--\e. .

I tems Value

l . l .anddcvcloprnenl i Dcveloprnenti sharye-Rs.250, per sq. r'ntr.Lglser Reltfaiq.Rs. 3.5 per

t ( 'ostso1- leadingnachiner; Lrppl icrs- j . r,..11,11"",,*o,';;;- - --,--- --ffi;;;=:-".rser -.4. Provis iorrbr conl ingency 10%of total capital Assr-rrnptior-rs. ' ri,,*nrui"ri"rri."r-_-- ' t:v9nd'tl-le-- -E;4"a.* ti*ruoi,u6. i.ur,.,,.,, - --:---l-n;J;*qD- iirrcu*,r,u,i-.--'l. Por,ver nd ircl i Prevalent hargesn AssarnI__8, __l_{9 {r @ 9 tl9lp 99 *[rrdustry orrn_

. 2, - Inyc1l1gJy;84 y4ql.{q sRY) 2 Vonths :- r ly 1rylor11__10. Invcntorv: r in ished oods FG) I Month hrdustrynonn

.__11, 9 l l t rgcglvabig12. CreditorsI Vonth qns ry_lgrry

l - f ' l ' rn,-1r., .ristr ibLrr iorrxpcnscs , ' taf ing intoconsidcrat ionveragedistribr,rtionosts.l-+ Othcr :xpenscs Inc l t t dcst l s t l - co r t vc rs i t r nr r r i ngrnauuf ctur i r rgi .c.ut i l i t ies) ndvlr iahr prot l r t ' l i is t r i t r t i r r r ( )s ls__-i% subsidyorr ryorking apital oa nunder he Central ntercsiSr-rbsidv

I -i .

1 6 .

Intcrcst n rvorkiug apita l

-c119ry9,9e1Subsidy u planiand nachincry | 5"/o Undcr he CentralCapital nvcstrnenl

Subs idy cheme" 99711 . S r rh : i . 11r r r r su la r recrc rn iu rn 100% Urrder he Cer.rtral ornprelrensi ve

Insurance chemc. 997. ' l . . ' . . n ' 1 a y ' , 1 | . u " ' ; i ; - - ] ' i 0 0 % -

2 - i;.h;,.;t;"; ;q";,;;,;-

1%

9%

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Sr.No .

I tems Value Basisl 9 Debt : Equity ratio 6 0 : 4 0 Industrv orm

L V . RM cost Landed cost at the factory gate(inclusiveof trans portation ostandexciseduty)

FINANCIALASPECTSA. LA\D AND SI E DEVELOPMEYT

Particulars

Land and Site Develo

B. BTI ILDINGAND CIVILWORKS

Units Unit Rate T o t a l ( R s . )iI

62,500Total i

Sr .No Particulars Units i UnitRut"II' lbtal 1Rs.;

Buildins ndCivi lWork 200sq.m. I Rs. ,500/ q.m. t ,500,000Total 1,500.000

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( . t , I , . \ \ | \ \D L ( , l t t \ l t R\ ,Particulars

Manufacturin

Vanulacturinq essels2 Co-mi l land lomogenizer IRotarybottlewashingmachine 60

bott les erminute)AutomaticBott leFi l l ingandCappingMachine

5 Inspection achinery 2 Station)- l ,abel ingMachine 120bott les ero minute)

CupsDispensing achine AutomaticI 'est ing quipmentPll MeterlJalance

_ lq - \:_"0:'l*t"'1""*'12 IRSpect rophotometer

Dissolution-esterOtherTestingMachineryUtil i t ies/ isc.OtherEquiomentAir t{andling nits, enti lation,CDuctine.etc.Electrification.Control Pancls ndt 6 Cabl ng.Transfortncr.tc.

17 Water lant. enerationndDistributionl

q9

QuantityNos.

I nos.1 nos.

Unit CostRs.

300,000 300,000

250,000 250,000

t:o,oooI nos. 100,000

1,300,000i15o,ooo120,000 i zo,ooo203,000 203,000

ii3 .000.000i '12,500,000

lotal Machinery, t i l i t iesandHquipment

:16 ,813,000l,'lote;Above-ntentioneclequipntent is indicative listfor the proposed oral liquid-manufac'luring unil

3 nos. 1300,000

1nos. 1900,000 I1900,000I

t5o,ooo ] so,ooo10,000 i10,000

18 SteamGeneration nits,Compressors

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Sr. No. Par l iculars 'Iotal (Rs.)Furniture nd ri t t inss 25,000

2 Office E,quiprnent 100,000) F i reF ight i r rg:qr r in rncnt 50,0004 CostOf Tube- wel l 20.000

fo ta lMisc .F i rcdAssc ts 195 ,000

Sr. -\o. Part iculars 'Ibtal Cosl (Its.)Deta i l ed ' f echno-econorn iceas ib i l i t y tudv 100,000

2 L,oanProcessingiees I 0 ,000_l I :stabl shrnent xDeltses 200.000

JbtalPrcl iminary PreoDerativerxncnscs 3 0 .000

4 P tQ_y-sr() EQ_tr c \:Tr,\Gr_f,-,eProvisionbr contingerrcy-l i 0%of hcTotalCapitalnvcslmcutOP .RATI\GEQ_S-LSA. R4Iry)tAlE[UA_r.Raw tnatcr ia ls or tsturcddi11'er igni f icant ly ront procluct o procluct n pharrnaccLrt icalnclustr t ' . lcncc.avcrage ostof rar .v rater ia lssconsidcrcd br simpl ic i ty purposc.

Sr. No. Particulars [, nits -IbtalAverage cost of raw r.naterial I {s. ncl l i r i . t 0 2

1 i {aw rnater ia ls onsurned er batcl t Ke. s00J \unrber of batchcs eryear \os . 300-fotal rarv rnatcrialscorrsurnccl cr anltLlnt I{s. 5.3 0.000

I'iolc: Ahovc rqw ntateritll consuntpl ort ptrllcrrt is t:ult:ululetl ut 100')/,,c'ultctt:il.t,ulili.trrriort of llrt,ntanufhctttrittg ntil tt'orking.fitr 300 duv.s et' otlnum ond tt .ringleshifi pcr rlu-1, usi,;.

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B. LabourSr .\o.

Particulars Qualif ication Nos. SalaryperMonth(Rs.)

AnnualManpowerCost(Rs.)

Dircct LabourI"actoryManager tlE/ll.Tech+

MBA/MMSI 20,000 264.000

2 ProductionManaser IIE/B.Tech I r5 ,000 198,000J Chemists BE/B.Tech 6 12,000 950,4004 Ensineer ndTechnicians BEiB.]'ech 3 10.000 396,0005 Ski l ledWorkers BE, 4 5. 000 264.0006 Semi-ski l ledndUn-ski l ledWorkers Matriculate 8 3,000 316,8007 OtherMisc.Personnel 6 2,500 r98 ,000' fotalDirectLabourCost 29 2.581,200

Indirect -abour8 F nanceManager MBA/MMS -

CAI 15 ,000 198,000

C) Accountant CA I 1 0 ,00 0 1 3 2,0 0 0It) Bus iness eve loonrentxecut ives Graduate l 8,000 105,600l l S ec ur it v e rs on ne l J 3.000 118.800' lbtal Irrdirect.abour 6 554,400

Ibtal Costof marr-nou,er 3 5 3, 41 ,600Note: (l) Manpowercctslulso ncludesPerks@ l}ok of annua.l alary

(2)Thcrc s no specific equiremenl f othe high lyskilledandspecificallyrainedmaupower parl rom henonnal ly vai lableual i f ied anpoweras entionedbove tthe roposed anuf-acturingocation.(]. PO\\'E,RA\D F'T:EI,

Particulars Units Consumpti on Un it Cos tRs .

1,290,000180,000

Elec t r i c i ty30kW) Uni ts 111

' lbtalSource: It i.s tsstrntecl hat ground water is taltped through tubewell and hence waler is considered .free o.fcosl.

1,470"000

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D. OTTIER EXPF]\SL,S

E. Total Working CapitalTheworkingcapital equirementbr he nanufacturingnit sas ndicated elow.

Note: l. Working capital requirement indicated ahove is at I07ak capacity utilisation2. Margin money @ 25% of total Working Capital Rs. 1,517,250

Sr. No. Particulars 'fotal Cost(Rs.)

FixedRepairsand maintenance 1 , 4 1 5 . 0 0 0

2 Business eveloprnentxpenses 500,000J Lease rent for land t 05 .0004 OfficeAdministration ndothermisc.exDenses 100.0005 Professionalnd es.alees 300.0006 Bankcharses ndcommissions 20,0001 Print ing ndstat ionar\ r00.0008 fnsurance nd axes 100.000

Total otherexoenses 2,640,000

Particulars Norms Total (Rs.)Raw Materials 2 Monthsof raw materials 1,5 0,000PackinsMaterials 2 Month of packingmaterials 765,000

Finished oods I Month of costof oroduction | 8 6 1 , s 0 0Bil ls Receivables 1 Month of sales alue 2,550,000Outstandings I Month of RawMaterialand PackinsMaterial I 65 ,s00Total 6,069,000

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- lhecapital nvcstrncntequircd br hcproject s I{s.2.23 rore. ' l 'he reak-up f t he capital nvestmcnlsindicatednbclow.

Sr. o. Part iculars lbtal Value (Rs.)LandandSiteDcvelooment ost 62,500

2 BuildinearrdCivi l Works r ,500 ,0001J Plantand Machinerv 16 ,83 ,000r+ Misc. " ixed ssets 19s ,0005 Prcl i rn inaryand Pre-operat iverxpcnses 310,0006 Provis ionsor Contineenc\, 1 , 8 8 8 . 0 5 07 MarginMoney irr WorkingCapital 1 ,5 t l , 2 5 0

TotalCostof the Proiect 22,285,900Debtand Equity Structure

IbtalCost l 'Projcct Rs. 2.28akhsPrornotcr 'srquity: Rs. 8.9 lakhs[)cbtFunds. Rs. I .3 7 akhsA. Costof Production

Sr. .\-o. I 'articulars Total (Rs.)Rawmaterials 1s,300,000

2 Packingmaterials 4,590,0003 Adur n strative vcrheads 2.587.200A Otherovcrhcads r ,470 .0005 Interest n workingcapital 409,658' lbtal costof production 24.356.858

Nota: Cost of production intlicated oltove is at 1000,4 ttpacity utili,sation

Il. ' l 'urnovcr

Annualsalcs ealisittion f the nanul'actr-rringnil with theassunredroduct nix is illustrated clow.Salesrcal isat iont I 00%capacity t i l isat ion re round s.3.06 rore.

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Sr. \o. Par l iculars Annual Capacit l ' -\o. of pral t , iquid

l lott les Lakhs)Salcs

Rcal isat ion pcrIlottlc (Its.)

' l 'otal SalesI{eal isat ion

( l t s . )CoushPrcoaration t2 T2 1.1 . , i00 .000

) Cold Preparation 9 8 7.200.000J Ant ianaemicPre arat ionand

Vitarnins 6 8 4J Antacid -) t 4 4.200.000' fotal i 0 i0 .600.000

Prolit and LossStatement or l0 Yearsr [ ] t r i t : l l . t . uc t t

Part iculars F'ormula Y r l Y r 2 Y r J Y r ' l Y r 5 Y r 6 Y r ' 7 Yr ti Y r 9 Y r 1 0Ca racit-v, i l isation 25' 75ol' 100"h 100

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l l rcakel 'cn AnalysisI hc blcakcvcrr r ta lysisor thc proposcd ral i t lu id-uranul i ictur ing.rni ts indicated clow. l 'heuni t doesnotachicvc opcrat iot ta lbreak-cvcnpcl int n i l rst two-vcars o1-opcrat ion. r rom third vcar onrvards. hc Lrni tach cr . 'espcrat ional rcaks-even.

Particulars L,ni l Y r l Y r 2 Y r 3 Y r 4 Y r 5 Y r 6 Y r 7\ " l t ) 25'*\, 75"1, 100

o //t lr00'% t00ul, 100"h 100"1,

Salestcal isat iorr I ts . akhs l0 2 t 7 i00 106 306 306 306Var iab le os to f Sa lcsDircct Material l ts. lakhs 35 lOft 1 5 0 1s3 153 153 153Packing Cost I ts. akhs l 1 33 45 16 16 46 46( -onl 'e sion Cost Rs. akhs 6 t 7 21 21 24 24 24I) i rcct Labour Rs. akhs 26 26 26 2 6 26 26 26Intcrcston Working(lanital

Rs. akhsI 3 1 1 1 4 1

IotalVariable osts I { s . akhs 7 8 187 249 253 253 / l ) 253( ' on t r i bL r t i on l {s . ak i rs -l l l 0 5 l 53 5 3 5 i 5.1I j xcd ( los1sOthcr overheads (excl .I tcpairs andMaintenance)

l ls. lakhs .l 9 l l l l l l l l l 1l { cna i r s and Ma in tcnancc Rs. akhs l. t l 1 t 4 l 4 t 4 1 1 l 4ManDowcr Cost I ls . lakhs 6 6 6 6 6 6 6Intcrcst on' [ 'erm Loan Its. lakhs 1 4 t 4 l 3 u 9 ti 6l 'otal r ixcd C'ost I {s . ak l rs i 8 1 )+- ) 44 .1r ,10 i 9 3 1I l rcak I : r 'cn Point I t s . akhs 1 )-. t 1 1 1 t 5 6 ?44 235 __() 211ActuaI Salcs lcal iastron I ls. akhs 70 217 300 306 306 306 306lJrcak ' -vcnSalcsat 96 ol( 'apac t l '

"/ai09() '0 i o ,z.,49" 80010 77Y" 14% I \ "h

\rttc: l. l;igtrrc.s udic'uteduhove Ltrc orurtlcrl-rtf2. ' '1t t t t t t t t lsole.st , t t |uasi t td i t :u|adu| l ts l 'L, t t t . t , t t f ict . | t tk i t t l i t t | t l t ' t l t l 's ' i r l , . ' r t t t i t l t t

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SOURCE OF RAW MATERIALS AND PACKING MA'I'ERIAI,S-lheraw rnaterials ndpackagingmaterialshatare equired or rnanuf-acturinghannaceuticalroducts renot locally available n NER. The closest ource or procuring aw materials nd packingmatcrials sI l yderabadr De lh i .Additionally,he rawrnaterialsndpacking naterialsanbe procuredrom WestCluster Mumbai,Damarr.etc)but hecostof transportationill increaseubstantially.Mentionedbelow are bw sources fr aw mat erials-Ajanta Chemicals21, Cloth Commercial Centre,Kalupur,Ahmedabad-380002L1, -(91)-(079)- 3357 5,2384605Fax:+(91)-(079)- 2121182Alkyl AminesChemicals imited207 A,KakadChambers,32,Dr.A. B. Road,Worl i ,Mumbai- 00018Tel , (91 -(022)-24925564.24930699Fax: (9 1 -(022)- 7671932Emai aac.vsh. alky.sprintrpg.ems.snl.net.nAbbott .abs lndia)Limited17R, KamaniMarg,Mumbai-400001Tel *(9 | )-(022) 256319797Email webmaster@abbott.o. nGuficChemicalPrivate imitedSubhash oad,'A',Vile Parle E),Mumbai-4000371el -t(9 1 (022)-28341521 22, 8344523Pu*;+ 9I)-(022)- 8369008GujaratOrganicChemicals32,GIDC,VithalUdyognagar, aira,Gujarat- 88121Tel *( 9 1 -(02692)-23 478, 231489Impex ndia8-2-333 I 4-A, RoadNo.3, 3anj raHills, Hyderabad- 0003Tel: (9 I )-(040)- 3548409Fax: (9 1 -(040)- 3548409Email mpex.ndia@gnhyd.lobalnet.ems.vsnl.net.inIndianDrugsandPharmaceuticalsimitedP.O.Virbha ra- 249202Rishikesh), tterPrade hJayant itamins imited12,Bhargavaane,Civi lLines,Delhi-1100541'e l :(91)- (011)-2291 653, 2519414LakeClhemicalsrivate imited12,RaviKiran,PlainStreet,langalorc- 60001

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