Leading Mid Corporates 2020

Leading Mid-Corporates of India 2020 E - 18 Experts' View Kindly take us through the company’s journey and the motivation behind starting the company. Metrochem is a pureplay, vertically integrated manufacturer of APIs, Pellets, and Intermediates. Metrochem has been established by Dr. Nandepu Venkateswara Rao in 2004 with a clear idea of ‘bridging the gap between quality and affordability in the bulk drug segment, thereby becoming a preferred supply partner to pharmaceutical customers worldwide’. Right from the beginning, Dr. Rao has focused on hiring the right talent, developing expertise in handling complex chemistry, investing in Research and Development, and adopting vertical integration. These attributes coupled with his extensive industry knowledge and strong work ethic, helped Metrochem blossom into Metrochem API Private Limited an INR 800 Cr+ organization, providing livelihood to 2000+ people in a span of 15 years. We currently produce more than 1200 metric tonnes of 65+ APIs and 2000 metric tonnes of 35+ pellets onanannual basis, proudly contributing to the Make in India movement. Our six (6) manufacturing facilities are regularly audited by top regulatory bodies and global customers. Adapting to the ever-evolving industry demands, Dr. Rao has succeeded in unifying all employees towards a common goal and creating an ecosystem that puts customer first. What has been the success mantra of your company? Throughout our journey, we have ensured that our business decisions align with our vision. To bridge the gap between quality and affordability, we needed control over the entire value chain and focused heavily on vertical integration since the very beginning. Although it was a difficult decision during the initial stages, Dr. Rao was able to envision the importance of being self-reliable and today we reap thebenefits of having a robust de-risked supply chain for all our products. We also invest heavily in R&D and product selection, to ensure a healthy product portfolio. All our actions are focused on value creation for our customers . What is the company’s growth strategy over the next 3-5 years? We have grand plans for our future in terms of capacity and market expansion. Our investments in R&D will allow us to commercialize 40+ products every year, and our planned capacity expansions at Vizag and Hyderabad, will fuel this portfolio growth. We also have plans to forward integrate and focus on upstream value chains. We are aggressively moving towards untapped regulated markets. We will be filing 30+ USDMFs and 15+ CEPs in FY 2020 and will continue the trendmoving forward. The 2nd generation is now fully involved and committed to enhance the business, with Mr. Nandepu Harsha vardhan as COO, handling commercial operations and Mr. Nandepu Hardev as CSO, handlingR&Doperations. BothMr. Harsha andMr. Hardev have completed master’s in chemical engineering and have done their MBAs from reputed universities in the USA. With a solid growth plan, dynamic leadership of Dr. Rao, a capable 2nd generation and knowledgeable senior management, Metrochem is confident in successfully implementing its growth strategy and creating a brighter future for its stakeholders. Dr Nandepu Venkateswara Rao Chairman & Managing Director We were able to envision the importance of being self-reliable, and today we reap the benefits of having a robust de-risked supply chain for all our products. Dun & Bradstreet