Pune-based pharmaceutical packaging-to-clinical-supplies manufacturing company Bilcare is investing Rs 90 crore to set up a new clinical supplies facility in South Wales, UK. The investment will enable Bilcare to expand its presence in Wales, and cater to the needs of its customers in Western Europe and parts of Eastern Europe.Ajit Dubhashi, president, Asia Pacific, Bilcare, said: "We have aggressive plans for Europe, and Wales is a good base from which to operate in Europe. We acquired DHP, a clinical supplier, last fiscal, and with our new facility, we will employ over 150 people in Wales." Bilcare had recorded a consolidated revenue growth of 59% at Rs 426 crore in FY07.
