UK-based ONFAB and Hyderabad-based Schematic Engineering Industries are in a strategic alliance which is poised to enhance the financial and operational aspects of the pharmaceutical companies and set them on par with their international counterparts. While ONFAB with its containment and manufacturing expertise will meet all the market needs, Schematic Engineering Industries will utilise its established sales force and excellent service reputation to turn this venture into a win-win situation.
Market research indicates that the flexible containment as a technology is not being applied appropriately thus depriving users of huge monetary gains. This can be detrimental when Indian pharma producers are competing for overseas contracts and trying to attract new processes into their facilities. The Alliance of ONFAB and Schematic Engineering Industries is all poised to reverse this situation in a span of two years.
Coinciding with this joint venture, ONFAB announced the setting up of its new facility in Bangalore where glove bags and flexible containment will be manufactured. With an aim to reduce the lead time and cost for their customers, this facility has been established with a capability of seven units per week. Schematic Engineering Industries will utilise its existing Hyderabad facility to manufacture the accessories and support structure for flexible containment equipment.
Oliver Nulty, Managing Director, ONFAB said, “We understand the critical factors that must be taken into account when evaluating a containment requirement and providing the best possible solution. We are delighted to find a suitable partner in Schematic Engineering Industries who not only share our value but is as determined to establish flexible containment as a technological force to reckon with. Speaking about their new manufacturing facility, he said, “We have made a significant capital investment to make this venture happen and are committed to further investment as the Business in India grows and flourishes.”
Shreepad Hegde, Managing Director, Schematic Engineering Industries said, “We are pleased to join hands with ONFAB who have a wealth of experience working for flexible containment for pharmaceutical companies worldwide. I am confident that our partnership will deliver both immediate and long-term benefits to the pharma companies in India. Speaking about the company’s vision, he said, containment, reliability and flexibility are the fundamental guiding principle of our design. Our aim is to become a globally preferred manufacturer and supplier of containment applications. Joining hands with ONFAB is a significant step towards this direction.”
EP News Bureau – Mumbai