Post
1947 after the independence the company launched a series
of branded Ayurvedic formulations like Shilapravang, Drakshovin
, Kumarex, Ashotone, etc… and employed advertising
agencies for the publicity and propaganda. In al,l 26 depots
were opened by the company and intensive marketing was undertaken
in 8 major states of India. Modern technology was being
employed in the packaging of the products and dosage presentations.
In the 1950’s and 1960’s, the company launched
its own publication by the name of Arogyamandir and organised
a series of All India Ayurvedic Congress symposiums in Panvel.
The plant in Panvel was working at rated capacity and there
was an urgent need for expansion and consolidation of the
product portfolio. In 1973, the company commissioned a second
manufacturing unit at Bangalore in the southern state of
Karnataka. This was a plant designed to manufacture Asavarishtas
at a capacity of 150,000 liters per month.
In 1975, the company launched a few products under the brand
names of Myostaal, Afrodet and Afrol as part of the solumiks
division. The name ‘Solumiks’ means ‘soluble
mixtures’. This division employed the Ethical route
of marketing its products to the modern medical practitioner.
The product portfolio was increased to 16 brands by the
year 1990 and encompassed products in the therapeutic segments
of Arthritis, Hepato protective, GI Tract disorders, etc…
The focus of the company in catering to the needs of the
consumer changed from the traditional products to the branded
products. Ethical marketing became the forte of the company.
In 1998 the company spun the Solumiks division in a separate
marketing company. The sole focus of this new entity was
achieving market leadership in Ayurvedic Ethical formulations.
Shree Dhootapapeshwar is the oldest Ayurvedic Company in
the world situated at Panvel near Mumbai and is today a
benchmark for quality formulations.
ORGANISATIONAL
SET UP
Solumiks
Herbaceuticals Limited (SHL): SHL was established
in October, 1998 and since then has registered an impressive
growth over the last few years and is slated to grow at
a CAGR of 7% over the next few years. The product development
capability of SDL has been activated to deliver time tested
formulations in therapeutic areas that were not addressed
by the earlier product range. Clinical trials to validate
claims and safety studies to assure the medical fraternity
have been initiated. The full impact of all these initiatives
would be seen in the coming years.
Traditional
Range: This is the range of products that was first
manufactured by the company since inception. The goodwill
of the group has been earned through the consistent quality
production of these seemingly simple formulations. The manufacture
of traditional Ayurvedic formulations may involve some of
the most common raw materials but the processing involves
high technological depth. Ayurveda is very clear and exacting
on the standards that have to be maintained for the production
production protocols. Over the years the production capacities
have been given the benefit of modern machines and technological
advancement but the basic spirit and processing remains
unchanged. Faster and Cheaper have never been the key guiding
lights for enabling change in production operations. SDL
has always believed in the sanctity of the Spirit behind
the Letter as prescribed Ayurveda. The Panvel Plant manufactures
product categories like Bhasma, Rasayanas, Arka, Avalehas
and other Ayurvedic specialties. This is a plant that has
been established in the year 1872 and the company plans
to shift the operations to a nearby area to enable updation
in production infrastructure.
The marketing of this range of products is today’s
main focus area for the company. With the formation of a
new entity for Solumiks the entire marketing personnel and
distribution network went to the benefit of SHL. Today within
the course of three years SDL has re-established the network
and a field force of 65 personnel. By the year end we would
be represented in 85 Head Qyarters in 6 states. The aim
of this division is to grow at a CAGR of 33% for the next
few years.