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 partnership focuses on the production of Ready-to-Drink (RTD) beverages using aseptic carton technology, targeting key categories such as:
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:
Aseptic packaging, the backbone of this collaboration, ensures long shelf life, nutrient retention, and sustainability, making it a game-changer in the industry.
The advanced aseptic processing and packaging offer several advantages:
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.”
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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