Nikita Pharmaceutical Specialities Pvt Ltd has become the first company from Vidarbha to win the National Micro, Small and Medium Enterprises (MSME) award.
Union minister of MSME Kalraj Mishra presented award to Ravleen Singh Khurana, managing director of Nikita Pharmaceuticals, at ceremony held at Punjab Agriculture University, Ludhiana, recently according to TOI report. Prime Minister Narendra Modi presided over the ceremony as chief guest.
Nikita Pharmaceutical is among the top three enterprises in India in 2014 in the manufacturing sector and was awarded a cash prize of Rs1.5 lakh, a trophy and certificate were presented. The decision was taken after the evaluation on a set criteria which considers efforts by the management, annual growth rate of turnover and profit, choice of technology, export innovation, quality control, welfare measures, etc
Addressing a press conference, Khurana said, "Our company exports its products to over 90 countries around the world and we are trying to establish trade relations with companies in China as well." Nikita Pharma also participates in various expos all over the world every year, he said.
"Keeping 'Make in India' in mind, the company plans to set up a facility in Mihan and talks are underway with chief minister Devendra Fadnavis," said Khurana.