Page 26 - FBL AR 2019-20
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Fermenta Biotech Limited
           Annual Report 2019-20







































                                            infrastructure audited by demanding   making us integral to their growth and
                                            global regulatory agencies; we    success.
                                            benchmarked our infrastructure in line   At Fermenta, we will grow our
                                            with evolving compliances designed to   manufacturing capacity through
                                            exceed regulatory standards; we invested   investments that could enhance our
                                            in cutting-edge technologies and state-  proximity to customers across the
                                            of-the-art equipment; we extended   world, shrink delivery turnarounds and
                                            to adjacent value-added segments by   strengthen our global positioning.
                                            bringing in value-added variants.
                                                                              The addressable headroom is vast in our
                                            At Fermenta, we raised our benchmarks   business: new Vitamin D3 applications
                                            in line with the best in the world. We   are being developed while the number
                                            generated superior production efficiencies,   of players is not increasing as the industry
                                            shrank our learning curve, sweated assets   continues to be protected by a high
                                            better, enhanced product purity and   technology entry barrier. Dietary sources
                                            strengthened operational safety. The result   contribute only a small amount of Vitamin
                                            is that we are not only among the largest   D in countries like India, marked by a low
                                            Vitamin D providers in the world and   fortification of foods. The irony is that
                                            among the most competitive; we are also   despite abundant sunlight, a large section
                                            considered among the most dependable   of the Indian population (~90%) suffers
                                            when it comes to product, service and   from low Vitamin D levels.
                                            safety. The result is reflected in our multi-
                                            decade engagements with customers,




          What we were





           Product-focused    Generating      Manufacturing     Standalone      Asset-driven     Capability in
              Company       revenues largely   presence in India  operations      business    pharma and animal
                            from Vitamin D3                                                    feed applications



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