Good Pharma plans ayurvedic retail chain; pumps in Rs 10 cr

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New Delhi, Sep 13 (UNI) Ayurvedic medicine maker Goodcare Pharma Pvt Ltd today said it is planning to roll out a retail chain of ayurvedic clinics across the country with 50 such outlets ready by 2009 and will invest more than Rs 10 crores for its expansion.

''We are in talks with the leading real-estate/malls developers to set shops. The clinics, apart from offering consultation services, will also offer ayurvedic drugs and over-the-counter (OTC) formulations,'' said Goodcare Pharma Director Tania Sharma.

The company has earlier launched a range of products and markets lifestyle solution products like Stress Guard, Neem Guard, Gas Guard, ConstiGuard, Spirulina Plus, Hazamcare etc.

According to estimates, the total value of products from the entire ayurvedic production in India is to the tune of one billion dollars.

The Indian Planning Commission estimates massive potential increases in this export volume, to Rs 100 billion by 2010.

The company has three manufacturing facilities at Gurgaon, Dehra Dun and Joka.

UNI

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