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#naturalcapsule
#Natcap
Betting on successful transition and change toward capsule to API , 🧵👇
1/n
✨Est in banglore in 1993 with 3 capsule mfg lines 1 BCPA(=BILLION CAP PER ANNUM)

✨BY 2003 PONDICHERRY expansion via debt recovery tribunal auction added 770 mcpa.

✨Frm 2003-13,it raised production to 7.1 bcpa,
expanded to overseas mkt & added marque client portfolio
2/n
✨2015-2018;
Was the period of big chill - falling oil threw public finance of commodity driven African market into tizzy and NCL growth froze ,margin collapse, demonetization / GST prevent India switch
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