MMSPL has emerged to become the premier pharmaceutical company in Bengaluru through its excellent distribution network in the city & being the best in class service provider
Vinod Jain, Managing Directors
According to a report published by Precedence Research, the global pharmaceutical logistics market size is predicted to be worth around US$ 185.08 billion by 2032. The increasing demand for pharmaceutical products in Asian countries, especially in a developing country like India, has seen rapid growth, especially after the pandemic. This sector's growth, however, would be impossible without the integral role of pharmaceutical distribution. Acting as the backbone of global healthcare, it links drug manufacturers to pharmacies, reaching even the most remote locations. It does not just entail the transportation of drugs but also preserves their integrity, quality, and safety.
However, the pharmaceutical distribution market in India is highly unorganized. Despite the availability of advanced technology, we can still see that most distributors are working manually, resulting in poor maintenance and delays in delivery operations. This is exactly where Mahaveer Medi-Sales from Karnataka has emerged as a leader by mastering the meticulous process that ensures life-saving medications reach pharmacies promptly and efficiently with advanced technology usage.
Growth Story
Mahaveer Medi-Sales initially started with a 400 sq. ft. warehouse and with a handful of clients. The company has come a long way since then. “Currently, we operate from a 12,000 square feet warehouse, stocking products for more than 280 companies. We cater to about 6,000 chemists, hospitals & government institutions regularly. We have become one of the trusted pharmaceutical distribution partners in the state of Karnataka. We have received multiple awards from all our partners for our outstanding work. We are the first Digitalized Distributor across the Pharma Industry with negligible errors in the process & the highest order fulfilling rate ever the industry has seen,” mentions Vinod Jain and Bherumal Jain, Managing Directors, Mahaveer Medi-Sales.
MMSPL has emerged to become the premier pharmaceutical company in Bengaluru through its excellent distribution network in the city & being the best in class service providerVinod Jain, Managing Directors
Over the years, the company has changed its perception towards business processes and kept evolving with the industry. Earlier, all operations were done manually, but slowly, the world saw the emergence of IT systems that can automate processes not only in the pharmaceutical distribution segment but also all the operations related to the industry. These innovations have shaped the modern point of view towards business. “We have adopted the latest technologies for business. We are equipped with advanced IT systems that organize our operations, and transactions are also done digitally. This helps us immensely in maintaining transparency with all stakeholders. The core belief of the company is to remain transparent with all its partners and business associates by following a simple philosophy to work hand in hand with our principle and create a win-win situation for both,” adds Vinod and Bherumal.
MMSPL has emerged to become the premier pharmaceutical company in Bengaluru through its excellent distribution network in the city and being the best in class service provider. “Our vision is to be India's leading Pharmaceutical Distributor. We strive for continuous improvement to develop the business and maintain the high standards of ethics and responsibility, which are central to the way we operate,” mentions Vinod Jain.
The Road Ahead
MMSPL is one of the recognized distributors in Karnataka and wants to move ahead with good work. Its mission is to excel in serving all valued customers with healthcare products sourced from around the globe and build & maintain solid partnerships with their principals. The company wants to create the availability of quality medicines from reputed companies to the masses of Pharma Retail and Hospital Industry.
There are several important aspects to consider in pharmaceutical products distribution. First, compliance with regulatory guidelines is paramount. Distributors must adhere to the stringent regulations set by authorities like the Drug Department (DD) to ensure the safety and efficacy of the drugs they are distributing. Second, maintaining the integrity of the product throughout the supply chain is crucial. This involves proper storage, handling, and transportation of the pharmaceutical products to prevent any degradation in their quality.
Third, timely delivery is essential for pharmaceutical products distribution. Any delays can impact the health outcomes of patients waiting for these medications. Lastly, transparency and traceability in the distribution process are necessary to prevent counterfeit drugs from entering the supply chain and to ensure that any issues can be traced back and rectified. “We have achieved the same at MMSPL, Bangalore. We see huge potential for growth in the pharmaceutical market in India. Our plans are to expand our operations steadily maintaining the quality needed and cater to the growing demands of the country as a whole,” concludes Bherumal Jain.
