Latest news with #DeepakArora
News18
29-07-2025
- Health
- News18
Not Hot Enough For ORS, Pharma Companies Left With Surplus Stock Owing To Early Monsoon
Last Updated: Industry insiders said pharmaceutical companies had anticipated a scorching summer and ramped up production of ORS and placed orders A milder-than-usual summer coupled with an early arrival of the monsoon have dented the seasonal demand for ORS in India, leaving several pharmaceutical companies with surplus stock of the vital formula. According to industry insiders, pharma companies had anticipated a scorching summer and ramped up production of oral rehydration salts (ORS) and placed orders. In fact, data from Pharmarac shows the season began on a high note — April recorded sales of Rs 146 crore, an increase from Rs 139 crore in the same month last year, raising expectations for a robust season. But the momentum faded as temperatures stayed moderate and the monsoon arrived ahead of schedule. Weather experts said summer this year lacked the intensity of previous years. Heatwave days were fewer and scattered, and May witnessed relatively cooler spells across several regions. While temperatures briefly rose in June, an early monsoon cut the hot season short. ORS products, which are widely used to prevent dehydration during extreme heat and diarrhoeal illnesses, usually witness a surge in demand during harsh summers. This year, however, has left many manufacturers with unexpected stockpiles. 'Healwood, the largest third-party contract manufacturer that produces ORS for top pharmaceutical companies such as Cipla, Lupin, Alkem, Mankind, Sun and others, is left with large volumes of unsold stock made on order for these companies. This is mainly because of the short summers and early monsoon," Jeswal said. He added: 'The orders included various flavours like lime, jeera, nimbu pani, pineapple, black currant, mixed fruit, etc, but orange and apple remained the most in demand. Most of the other flavours did not sell well." As a result, he said, the cost has not been recovered from the market and companies are now trying to use unsold stock through promotional activities. Carrying stocks for the next year is a loss-making proposition and a burden on profits, as the expiry is just 18 months, he added. 'Companies prepare their orders for the full season in advance as per anticipation because manufacturers are fewer and they are pre-booked," he said. Apart from Jeswal, distributors said many pharma firms are offering their excess inventory for free as part of public outreach and CSR-linked drives. A Cipla distributor in north India, for example, has been distributing Prolyte ORS packs 'for free" at sports and public welfare events to clear backlogged stock. Deepak Arora, vice president of sales and marketing at Wallace Pharmaceuticals — maker of the Rs 100 crore ORS brand Walyte — acknowledged that while his company performed 'fairly okay" this summer, 'a shortened or non-existent summer" contributed to lower-than-expected demand across the market. Despite the seasonal dip, the overall oral electrolyte market continues to grow reaching Rs 1,232 crore in the financial year 2024-2025. ORS works by re-energising the body, relieving dehydration and fatigue, restoring body fluids and minerals, apart from refilling the body with electrolytes during vomiting, loose motions, or dehydration. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
25-07-2025
- Business
- Time of India
SOM Distilleries forays into mid-premium whisky segment with Mahavat
New Delhi: SOM Group of Companies has entered the mid-premium whisky segment with the launch of Mahavat, priced in the Rs 1000–1100 range, the company said in a press release on Friday. The company, known for its presence in value and mass-market categories, is looking to tap into rising demand for premium offerings in the regular whisky category. The launch begins with select outlets in Bhopal, followed by a phased rollout across Madhya Pradesh. Expansion into Delhi NCR and other key markets is expected to follow. 'The process began with deep exploration into consumer palates across India - from seasoned whisky connoisseurs to emerging enthusiasts - uncovering preferences for richness, smoothness, and a signature finish that lingers like legacy itself,' said Deepak Arora, CEO, SOM Group of Companies. The move marks a shift in SOM's strategy as it looks to build a presence in India's expanding premium alcobev market .
Time of India
13-06-2025
- Business
- Time of India
2 years on, garbage waiver charges on papers only in Panchkula
1 2 3 Panchkula: Residents have voiced strong concerns over the municipal corporation's failure to refund or adjust garbage collection charges that were officially waived by the Haryana government for the financial years 2023–24 and 2024–25. Despite the waiver, many residents had already paid the garbage tax as part of their property tax bills for 2024–25, expecting the excess amount to be adjusted in 2025–26 bills. However, to their disappointment, no such adjustment was made, and fresh bills were issued with new garbage tax charges included. The waiver for 2023–24 had been formally approved by the MC, and a second waiver for 2024–25 was announced ahead of the 2024 Lok Sabha elections. However, residents allege that the latter announcement remained only on paper, with no practical implementation. In a letter addressed to the authorities, the Citizens' Welfare Association (CWA), Panchkula, expressed frustration over the situation, stating that residents are being forced to pay the garbage collection fee again, while the previously paid amount remains unadjusted. The association highlighted that many residents had approached the MC and local representatives seeking clarity and resolution. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo According to residents, the MC has informed them that refunds or adjustments will only be considered after the new dues are paid. This policy has sparked widespread anger and confusion. CWA President SK Nayar criticised the approach, stating, "Forcing citizens to pay twice and then making them apply separately for refunds is unjust and disrespectful to honest taxpayers." Deepak Arora, a resident of Sector 12A, shared a similar experience, saying he was instructed to pay the new charges first and then apply for a refund. The CWA also pointed out that during his tenure, former speaker and MLA Gian Chand Gupta had publicly declared free door-to-door garbage collection in his official booklet, which has further fuelled residents' frustration. Residents are now urging the chief minister, the urban local bodies department, and the municipal commissioner to take immediate action. They are demanding that the excess charges be refunded without delay and that the practice of collecting advance garbage fees be halted until a transparent and citizen-friendly system is put in place. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Business Upturn
22-05-2025
- Business
- Business Upturn
Som Distilleries announces Rs 600 crore greenfield project in Uttar Pradesh
By Aditya Bhagchandani Published on May 22, 2025, 09:50 IST Som Distilleries & Breweries has announced a major ₹600 crore greenfield expansion project in Uttar Pradesh under its subsidiary, Woodpecker Greenagri Nutrients. The company held a Bhoomi Pujan ceremony for the upcoming facility in Khimsepur, Farrukhabad. The project, spread over 40 acres allotted by UPSIDA, will house a state-of-the-art brewery, distillery, bottling lines, storage, and maturation units. Once operational, the plant will have the capacity to bottle over 12 million cases of beer annually. CEO Deepak Arora called the initiative a 'landmark' for Som's growth, citing its potential to create 700–800 local jobs and help build regional supply chains. Chairman J.K. Arora said the project aligns with the company's ambition to become a pan-India alco-beverage leader. The ESG-compliant facility will also incorporate Zero Liquid Discharge (ZLD) systems and advanced membrane-based technology to meet sustainability goals. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
New Straits Times
16-05-2025
- Business
- New Straits Times
Infobip bolsters pact with Oracle
KUALA LUMPUR: Global cloud communications platform Infobip has strengthened its partnership with Oracle to deliver seamless conversational experiences for businesses worldwide. The collaboration enables Oracle customers and partners to access Infobip's omnichannel messaging services through Oracle Integration, making it easier to manage and deploy new communication channels. Oracle vice president of product management Deepak Arora said the partnership supports Oracle's vision of driving artificial intelligence innovation across businesses. "Our new collaboration with Infobip will help enterprises simplify connectivity and provide integration between the Infobip messaging platform and any applications using Oracle Integration. "This enables organisations to integrate any apps, data and services, anywhere," he said. As part of the partnership, Infobip has introduced its Omnichannel Messaging Adapter for Oracle Integration to support a broad range of messaging platforms, including WhatsApp and rich communication services. Infobip has also developed a prebuilt use case, known as the Accelerator, for Oracle's B2C Service contact center. Infobip chief alliances officer Veselin Vuković said both services enable customer support teams to engage and offer a smooth two-way communication experience with low or no-code setup requirements.
