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Beginning of the generic drug revolution in Ahmedabad by the launch of 7 outlets of the company DavaIndia
Ahmedabad (Gujarat) [India]August 17: DavaIndia, India’s largest private generic pharmacy retail chain, opened seven outlets in Ahmedabad to ensure easy availability of high-quality generic drugs.
The inauguration of DavaIndia stores in Maninagar, Bodakdev, South Bopal, Thaltej, Satellite, Navrangpura and Vastral marks the start of a generic drug revolution in the city and will enable thousands of customers to save up to 90% on their drug bills.
“We are pleased to simultaneously open seven DavaIndia stores in Ahmedabad. This gives great impetus to our commitment to ensuring easy availability of high quality generic medicines at an affordable price. We have become the largest private generic pharmacy retail chain in the country with over 650 stores and serve over 30 lakh customers and total 2.5 lakh satisfied customers every month. We are committed to reaching and expanding our presence in more cities so that we can help more customers and achieve savings of up to 90% on drug expenses,” said Ketan Zota, President of DavaIndia Generic Pharmacy.
DavaIndia is an initiative of Zota Healthcare Ltd., based in Surat, which has been serving humanity for 35 years. It exports a wide range of pharmaceutical, nutraceutical and Ayurvedic medicines to more than 35 countries. The quality in terms of efficacy and safety of generic drugs sold by DavaIndia is comparable to that of branded drugs available in the market. However, DavaIndia’s generic drugs offer significant savings on drug expenses.
DavaIndia’s efforts to provide affordable and accessible medicines have saved customers in over 200 cities and 25 states over Rs. 389 crore so far by providing them with generic options to branded medicines. DavaIndia recently held a dinner contest with cricketing legend Kapil Dev and received an overwhelming response from customers.
India is the largest manufacturer of generic drugs with a 20% share in terms of volume. Indian medicines are exported to more than 200 countries. India is also the leader in pharmaceutical manufacturing, ranking third in volume and 14th in value. However, millions of Indians have to depend on expensive branded drugs in the absence of availability of generic drugs. DavaIndia aims to correct this anomaly.
DavaIndia has developed the franchise model so far but also introduced COCO (Company Owned Company Operated) format in April last year. It has 50 such stores operational and 60 being opened in different cities with a wide range of more than 2,000 products that include generic drugs to treat acute and chronic conditions in addition to health and wellness products. be, cosmetics, nutritional and Ayurvedic supplements, nutraceuticals and surgical products at affordable prices.