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Akums Drugs Share Price Hits Upper Circuit on Strategic Collaboration for RTD Market

26 November 20244 mins read by Angel One
Akums Drugs share price hit an upper circuit of 5% on November 26 earlier in the day. Announcing a tie-up to target India's growing Ready-to-Drink (RTD) market.
Akums Drugs Share Price Hits Upper Circuit on Strategic Collaboration for RTD Market
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Akums Drugs and Pharmaceuticals Limited witnessed a 5% surge in its share price earlier today, hitting the upper circuit. In an interesting development, the company announced a significant collaboration with Jagdale Industries Private Limited through its wholly owned subsidiary, Maxcure Nutravedics Ltd.

The Collaboration

The partnership focuses on the production of Ready-to-Drink (RTD) beverages using aseptic carton technology, targeting key categories such as:

  1. Wellness Drinks – Products under food, Ayush, and nutraceutical frameworks.
  2. Sports Nutrition – Drinks enriched with electrolytes for hydration and recovery.
  3. Critical Care Nutrition – Specialized products for diabetes, weight management, and medical therapy support.

This alliance aims to revolutionize the RTD market in India by introducing innovative, non-milk-based beverages catering to diverse dietary and health needs.

India’s RTD market is booming, driven by increasing consumer preference for health, convenience, and quality. Key highlights include:

  • The electrolyte RTD market, valued at over ₹1,000 crores, sees annual growth of 10%, with peak demand during summer.
  • The broader RTD segment is expanding rapidly, fueled by functional beverages and wellness products.

Aseptic packaging, the backbone of this collaboration, ensures long shelf life, nutrient retention, and sustainability, making it a game-changer in the industry.

Strategic Benefits of Aseptic Carton Technology

The advanced aseptic processing and packaging offer several advantages:

  • Extended Shelf Life – Products remain fresh without refrigeration.
  • Nutrient Retention – Ideal for health-conscious consumers.
  • Eco-Friendly – Lightweight and sustainable, appealing to environmentally aware buyers.

Leadership Insights

Sanjeev Jain, Managing Director of Akums, emphasized the significance of this partnership, stating, “Aseptic packaging meets evolving consumer needs with unmatched safety and quality.” Rajesh N. Jagdale, MD of Jagdale Group, added, “This tie-up redefines the RTD segment, catering to diverse consumer needs across mass, premium, and medical markets.”

Paving the Way for a Healthier Future

This collaboration sets the stage for a new wave of functional and therapeutic beverages. The launch of products in aseptic carton packs is expected to create a transformative impact, fostering sustainable growth and innovation in the health and wellness sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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