US-based wellness firm Ionic MSM starts production facility in Jaipur
US wellness player Ionic Msm enters Indian mkt
US-based wellness company Ionic Msm Inc has forayed into the Indian market and is targetting to reach Rs 500 crore sales in next five years.
The company has setup a fully integrated manufacturing unit which is located at Jaipur, Rajasthan, said a statement.
It has collaborated with Ionic Msm Ltd India, which is promoted by industrialist Santosh Kumar Bagla and have entered in the Indian market by launching a wide range of MSM based products.
Ionic Msm is known for its MSM (Methylsulphonylmethan) based products which is an organic form of Sulfur.
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Crusaders Tech adds two new air purifiers * Delhi-based Crusaders Technologies India, which has lined up an investment of Rs 50 crore for its expansion, has strengthened its portfolio of air purifiers by adding two new models, which are specially designed for Indian conditions.
XJ-5000A is a ceiling mount airpurifier and CF-100 a car and desktop unit.
This is in line with Crusader’s plans to corner 15 per cent of market in the segment by 2018, which has become highly competitive.
“We plan to invest Rs 50 crore in the coming year and expecting a revenue of Rs 25 crore in the next financial years,” said Crusaders Technologies Director, Sales and Marketing Ankur Chawla.
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Schreiber Dynamix opens Rs 250 cr plant in Baramati * Schreiber Dynamix Dairies inaugurated its first plant in India to commensurate the growing consumer demand for safe and hygienic milk powder for infant food application and other high quality dairy ingredients.
Schreiber Dynamix, in which the US-based global dairy giant Schreiber Foods holds a majority stake, has invested Rs 250 crore in the plant situated at Baramati.
The facility was inaugurated by Mike Haddad, President & CEO Schreiber Foods, Francois Salamon, President Schreiber International and Amitabha Ray, Chairman & Managing Director Schreiber Dynamix Dairies Pvt Ltd.
Ionic MSM Inc brings “Miracle Crystal” MSM to India
New Delhi, May 25 (UNI) The US-based company MSM Inc’s Indian arm MSM Limited today launched its pain-killing and miraculous healing properties, methylsufonylmethane (MSM) in the Indian market with a target to achieve Rs 100 crores turnover in the first year itself.
According to a Company release, MSM will provide its products on all leading online platforms Tatvam, Amazon, Snapdeal, Flipcart, Shopclues and Paytm. The company will launch its wellness products offline also through distributor and dealer channel to target retail segment.
On the occasion, Dr Santosh Kumar Bagla, Chairman, Ionic MSM Ltd said, “For its pain-killing, healing and preventive properties, MSM is also known worldwide as “Miracle Crystal”. MSM is the purest form of bio-available sulfur, the third most vital mineral which human body needs to conduct all its developmental and physiological functions.”
He added that Sulfur is a free-radical scavenger and immunity builder, is essential for building collagen, the structural protein which holds our body structure together, and it is required to produce keratin, the hard protein which builds nails and hair. It is also an important component in two amino acids methionine and cysteine. Its paucity in human body may lead to various disease conditions. Dietary MSM just plugs that deficiency to help cure those diseases.
He further said, “Ever since its pain-killing and anti-inflammatory properties were discovered perchance in the early 1980s, MSM has been the focus of intensive research pioneered by Dr. Stanley Jacob who in his lifetime treated thousands of patients so did other researchers and practitioners of medicine,” says Dr. Santosh Kumar Bagla, Chairman, Ionic MSM Ltd. MSM is being used both as a medicine and as a dietary supplement in more than 125 countries, including the United States, UK, Russia, Germany and Japan, with millions of users swearing by its miracle healing properties.”
With a wide range of products in health care and personal and beauty care, the company is aiming to corner a big chunk of the Indian wellness market which is at present pegged at Rs. 85000 cr and is poised to grow to a staggering figure of Rs. 1.5 trillion in the next three years.
UNI ADP ADG SHK 1928