Headquartered in Vadodara, Alembic has 4 stateof-the-art manufacturing facilities in Gujarat and Sikkim as well as three R&D centres in Vadodara, Hyderabad and USA. Having established a front-end setup in the US in 2015, the company is now eager to grow its American footprint. In FY2018, Alembic’s research and development spend was Rs 4.8 billion which is equivalent to 13 per cent of sales. Of this long-term expenditure 90 per cent is focused on building capabilities for the US market.
Key Highlights – FY2018
Launched 13 new products and 10 more launches