Vol.1 Issue 03 January 2020 Price - ₹100/-
PHARMAUpdate
Maharashtra Safe Chemists & Distributors Alliance Ltd.
A Dream
to
Organize
India's
Unorganized
Sector
J S Shinde - Chairman
Maharashtra Safe Chemists &
Distributors Alliance Ltd
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PHARMAUpdate
Interview
A Dream to Organize India's
Unorganized Sector
Maharashtra Safe Chemists & Distributors Alliance Ltd
Maharashtra Safe Chemists & Distributors Alliance Ltd.
Www.indianbusinesstv.net J S Shinde - Chairman Www.indianbusinesstv.net
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PHARMAUpdate
Interview
It is no secret that a very large portion of Origin Chemists and Distributor was retail chain under its own brand name
the Indian industry is unorganized. driven by the dream of its chairman J S M+M, an abbreviation for Medicine and
Shinde. He dared to see a dream of More.
Huge Potential organizing the retail-distribution sector
of chemists and druggists. Achievements
A recent report published by the Indian
Labour Market and NSSO found that It was this dream that drove Shinde to Shinde takes pride in the achievements
about 90% of the total employment in establish the organization in 2006. of the company that he set up within
the agriculture sector and about 70% of such a short period of time. It has been
the employment in non-agriculture “The company started on 2006 on the able to take under its fold many Indian
sector is provided by the unorganized basic principle that all chemists and as well as international companies as
sector in India. Moreover, this informal druggists from unorganised sector its clients. For example, products from
sector also accounts for about 90% of should came into in one organised Patanjali are dealt by it all across India
the unorganized workforce lying outside organization,” said Shinde, talking – including Maharashtra.
of the agriculture sector and about 50% about the objective of his setting up the
of the total gross domestic product in company. “The company will have a full setup for
the country, the report found. distribution in Mumbai soon. We
Pharma Distribution Chain already have it in Nagpur and Pune,”
Role of Unorganised Sector Shinde said.
The basic object of the company is “to
This illustrates the role and importance set up pharma distribution chain all Strong Network
of the Indian unorganized sector. over the country along with the other
However, being unorganized also means products”, he added. “In India, if you talk about distribution,
that the advantages enjoyed by about 92% of pharma distribution,
companies in the organized sector are He believes that Indian unorganized including FMCG and general products,
not available to them. sector is very large and disarrayed and our market is upto 92%, we are very
therefore it is very important to strong as far as distribution is
It is here that the All Indian Origin organise it. concerned,” he added.
Chemists and Distributor Ltd decided to
intervene in trying to organize at least New Opportunities Pharma Has Bright Future
one industry in the unorganized sector.
It also saw a business opportunity in this After having set foot and consolidated There are many reports that show that
market gap. itself in the chemists and druggist the future of the pharma sector in India
segment, the All Indian Origin Chemists has a very bright future with predicted
Dream to Organize and Distributor now aims to enter into high growth. Central government
the data collection sector also. For this schemes and the decision of the
This intervention in the otherwise purpose, it is now setting up its own IT government to allow for 100% FDI in
mundane market dynamics of the sector all over India. It also has retail, which is still pending and could
unorganized sector by the All Indian elaborate plans to form an organised be passed in the future, would
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PHARMAUpdate
Interview
Patanjali and make the products
available in the various markets of
Maharashtra. The company is in
negotiations with a few multinational
companies for distribution of their
products all across India which the
company could finalise within the next
few months,” said Shinde.
encourage very strong competition in company,” said Shinde. Plans & Strategies
India. Hence, for competing with large
foreign companies “we should create Valuation of `100 Crores The company has also drawn up plans
our own structure of distribution”, and strategies which, it claims, would
believes Shinde. Till date, the company has been be enable all retail chemists and
functioning with its own funds. The wholesale chemists to survive. “In
“We have been working very well since company has not taken any financial addition to giving them an extra
last more than 10 years in the pharnma, help from any financial institution. ordinary infrastructure, we plan to
FMCG and general distribution sector,” “Currently, the company is valued at train them to fight with multinational
informed Shinde. `100 crores and we are a completely companies,” Shinde said.
self sufficient and debt free company”
Top Quality Is Must said Shinde. The company is competing with the
likes of Amazon, Wal-Mart, and other
“I believe that there should not be any Robust Plans multinational companies, therefore it
compromise in quality, which has been is very important for them that the
our focus from the very beginning” said Shinde has drawn up robust plans for company create their own retail chain,
the Chairman of All Indian Origin the future of the company. He says that believes Shinde. That would help them
Chemists and Distributor Ltd. the future clients of the firm would to rival these business giants and
Customers should get medicine at the include all national and international survive in the market, he added.
right temperature and this is another MNCs. “The company's future clients
very important concern for Shinde. will be all big multinational companies, Bright Future
MNCs, syuch as Abbott, Cipla,” says a
Excellent Team proud Shinde. A confident Shinde pledged that the
company would be able to expand its
Shinde is also very dependent and proud “We have recently started drug M+M retail chain shop will reach 5000 in
of his team. Since its beginning, the distributions for all over India for India number within a year. “We also plan to
company has appointed qualified and Bulls. More than 40 to 45 CFS are organise the wholesalers and combine
known people in the pharma business. operating all over the country and the them to form one company in every
progress and market of India Bulls is district,” said Shinde.
“Well qualified, knowing about the increasing,” he informed.
business, high morale and the courage It appears that the dream that Shinde
to expand this company in near future Distribution Business started out with launching the
are the qualities that are a must for company – that of organizing the
anyone to get employment with this “In addition we distribute products for unorganized sector, is fast getting
realised.
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