Government of Ethiopia in its endeavor to become self-sufficient has invited Kilitch to explore supply of Liquid injectables. In this regard, the Company has accepted the request of Ethiopian government for one hector land near Addis Ababa.
At the same time, the Company's first manufacturing plant has also reached a decisive stage of the completion process. Kilitch Drugs has begun installing machinery at the first Addis Ababa manufacturing unit and is all scheduled to commence the validation process this month (December).
Kilitch Drugs is bullish on the African markets and is expecting revenues to the tune of Rs 500 crore, in the next five years. The company's hopes to replicate its Ethiopian business model to the rest of Africa, going forward.
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