Mumbai, November 06, 2023: Venus Remedies Limited, a noted name in the pharmaceutical industry, has received the prestigious “Three Star Export House” certificate from the Government of India. This certificate, given to companies which have demonstrated consistency in their export growth and have contributed significantly to the country’s foreign trade, is a recognition of Venus Remedies’ stature as a leader in international trade and a valuable contributor to India’s economy. It is a validation of the company’s commitment to providing high-quality pharmaceutical formulations globally.
To attain this coveted Three Star status, a company must demonstrate a significant export performance by reaching a milestone of US $100 million in a span of three years. Venus Remedies has excelled in achieving this benchmark through its substantial contributions to India’s foreign trade landscape. Venus Remedies’ rapid growth and commitment to transnational trade have led to this remarkable progression. The company previously held the Two Star Export House status, which required export performance criteria of US $25 million.
Over the years, the company has established itself as a pioneer in the industry with a strong focus on research and development. In addition to this accolade, Venus Remedies has an impressive portfolio of accreditations and certifications, including the CII Responsible Export Organization, EU-GMP (Good Manufacturing Practices) and GDP (Good Distribution Practices) certifications, which reflect the company’s uncompromising emphasis on quality, safety and ethical practices in its global operations.
Expressing his gratitude on receiving this prestigious honour, Mr Peeyush Jain, Deputy Managing Director, Venus Remedies, said, “Receiving the ‘Three Star Export House’ certificate from the Government of India is an honour for Venus Remedies. This recognition would further enhance our export capabilities and expand our presence in key markets around the world, thus aligning with our vision of leaving a positive footprint on human health and meeting unmet medical needs across the globe in areas far and wide. “
The “Three Star Export House” certificate is a crowning achievement for the pharma giant, issued by the Government of India, Ministry of Commerce and Industry, Directorate General of Foreign Trade. “As an ‘Export Status Holder’, we are proud to join an elite group of esteemed business leaders who have excelled in international trade and have played a crucial role in boosting India’s exports,” said Mr Saransh Chaudhary, President, Global Critical Care, Venus Remedies.
Venus Remedies Limited is proud to be a part of India’s growth story and will continue to work diligently to further the nation’s export goals and mentor the next generation of entrepreneurs, he said.
Corporate Comm India (CCI Newswire)
