Abbott India Celebrates 100 Years
Abbott India kicked off a year-long celebration to recognize its centennial
and many achievements since the establishment of operations, way back in 1910.
A formal inauguration ceremony showcased progress and milestones.
Throughout the coming year, Abbott India will conduct a series of programs,
patient campaigns and employee engagement initiatives to reinforce Abbott
values and strengthen our presence with key customers and stakeholders.
Positioned as a Leader
Abbott India has made the most of its first 100 years, now operating as one
of the fastest-growing multinational pharmaceutical companies in India. As
Abbott competes on an increasingly global playing field, Abbott India is
well-positioned to be a significant player. India is an increasingly important
market for Abbott, and is becoming a base from which our company will expand
into other emerging markets.
Abbott India currently offers a range of products that reach nearly 50
million patients and holds leadership positions within the Indian market in
several product categories, including both primary care therapeutics, such as
gastroenterology and pain care, and specialty care therapeutics and products,
such as interventional cardiology. In addition, Abbott India's nutritional
business is the second largest in the country, with PediaSure® being a
market leader.
Abbott India regularly conducts educational "patient camps" related
to diabetes, nutrition and thyroid disease. Abbott India also partners with
many government and non-governmental organizations to help deliver
healthcare.
A rich heritage
India was one of the first big markets Abbott entered, along with the U.S.,
United Kingdom and Canada. The first Abbott site in India was a distribution
warehouse with a team of just 15 employees, located on Mahatma Gandhi Road in
the city of Mumbai, then known as Bombay. Over the years, Abbott India has
built its presence, becoming a leader across various therapies. There are now
4,000 Abbott employees in India. Nearly 95
percent of the Abbott products sold there are manufactured in-country
and distributed to 350,000 retailers.
More Features