Life sciences, with 70 percent revenue
share, continues to be a major contributor to Shimadzu
Analytical's (India) overall revenue
|Revenue 186 crore*
|MD: Mr Senya Imamichi
|Business: Analytical and
|Start-up Year: 2006
|Address: 1A/B Rushabh Chambers,
Makwana Road, Marol,
Andheri (East), Mumbai – 400059
Shimadzu Analytical (India), a subsidiary of
Shimadzu Corporation, focuses on offering technologies in the field of
analytical and scientific instrumentation, process control
instrumentation, and environmental monitoring.
For fiscal 2010-11, the company clocked revenue of
186 crore as
141 crore in 2009-10. The growth has
primarily been due to the
recovery of the India life sciences market after May 2010.
The Indian subsidiary completed five years of direct operations in
India in April 2011. Started in 2006, in India, Shimadzu presently has
five marketing partners namely Spinco Biotech, Toshvin Analytical, Swan
Environmental, Saksham Analytical Instruments and Amkette Analytics.
Shimadzu has been operating in the India life sciences space for the
past 40 years through these distributors.
Life sciences, with 70 percent revenue share, continues to be a major
contributor to the subsidiary's overall revenue. Over the past one
year, the pharma companies, have been making considerable investments
in high-end research activities. This is due to the gradual shift of
India from a drug development to a drug discovery destination.
This in turn has had a positive affect on Shimadzu India's overall life
sciences revenue. “Indian companies are now looking at NCE research,
which requires high-end technology. Moreover, many pharma companies are
particular about quality control. This has proved to be an advantage
for Shimadzu India,” says Mr Senya Imamichi, managing director,
Shimadzu Analytical (India).
In the coming years, Shimadzu India will focus on its mass spectrometer
product, as pharma companies are stepping-up focus on high-end NCE
The company has also invested in expansion of its infrastructure,
customer service and training activities. Says Mr Imamichi, “Since
2006, we have doubled our infrastructure space and also doubled
investments in customer services.”