Pharmaceutical industry thrives on turnkey solutions
India has a formidable and rapidly growing presence in the global pharmaceuticals industry. It enjoys the tag of being the largest provider of generic medicines globally. It occupies about 20% share of the volume in global supply. India is also home to 62% of global demand for vaccines. India is placed 3rd in the world for production by volume and 14th by value. There are 3,000 pharma companies in India with a strong network of over 10,500 manufacturing facilities
Although it is a matter of great pride that there is such a huge presence of pharma industries in India, it is not an easy field to be in. This area entails tremendous responsibility as it deals with the life and health of people. With so much weighing on the minds of the pharmaceutical company owners, it is but natural to seek help when it comes to the development of others aspects of the company that varies from its core task of manufacturing medicines.
Though several pharma companies have in-house experts who take care of every aspect of the business right from design to execution and manufacturing to distribution, there is no denying it is a humongous task to run a pharma company.
This is the reason why several pharmaceutical companies turn towards turnkey companies to shoulder certain responsibilities like building their infrastructure and procuring equipment that they themselves are unable to. A turnkey company takes up the project and delivers them a well-equipped facility without any stress. It also means all the details are taken care of and several issues have already been completed or reached its final stage. In such projects, the company enters into a contract to build a business, install all the necessary equipment, and they have access to a well-equipped and fully completed project without any sort of struggle or effort.
Quantum Pharmatech is a turnkey company par excellence that specializes in providing turnkey solutions to herbal pharmaceutical companies apart from many others. Quantum is a turnkey company that caters exclusively to the pharma industry. It is proud to be a one stop destination that was established to excel in the conceptualization, designing, creation and operation with the aid of turnkey solutions. It caters to the requirement of establishing or modifying manufacturing plants in sectors like Pharmaceutical, Biotech, Herbal, Homeopathy, Cosmetics and Food Industries
Benefits of hiring a turnkey company
Hiring a turnkey contractor makes the pharmaceutical company owner stress-free and relaxed as he does not need to take the pain of getting involved in construction and other activities necessary for setting up his company. The turnkey contractor takes care of every aspect, right from the design, execution till the project is completed. All the legal responsibility lies with the contractor and not the owner. Let’s list of the benefits of hiring a turnkey contractor:
Hiring a turnkey contractor saves the client from the hassle of meeting third party personnel as it becomes the duty of the contractor to deal with such mediators. The contractor completes the project in the given time frame.
A turnkey contractor provides a clear view of the designs and manufacturing. He can get services customized as per the client’s preferences. This maintains the synchronization in the project as all the operations can be carried out simultaneously without any obstacle.
The cost is reduced considerably by the overall process involved in the construction. Otherwise, the client will have to the client does not have to look for separate vendors Handing over the work to a turnkey contractor will reduce this additional cost and be more economical
Quantum Pharmatech has carved a niche for itself by delivering turnkey solutions like building the infrastructure or arranging for equipment like air conditioning systems to take the burden away from its client.
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