Medicamen Organics Expands Footprint: Launches Cosmetics & Care Line in Nepal via Strategic JV

Image Source: Business Upturn

Medicamen Organics Ltd (MOL), a leading Indian pharmaceutical manufacturer, has officially entered the personal care and cosmetics segment in Nepal through its joint venture with Medi Hub Organic Ltd (MHOL). This marks a significant diversification move for MOL, which has traditionally focused on pharmaceutical formulations. The launch is part of a broader strategic investment aimed at capturing emerging demand in South Asia’s wellness and beauty market.

Key Highlights:

The new product line includes herbal cosmetics, skincare, and hygiene products tailored for the Nepalese market.
The launch follows MOL’s ₹9 crore investment in MHOL, securing a 30% equity stake in the Nepalbased venture.
The manufacturing facility in Nepal is being developed to meet CGMP (Current Good Manufacturing Practices) standards, with plans to scale up to EUcompliant production.
The JV will leverage MOL’s formulation expertise and MHOL’s local distribution network to penetrate both urban and rural markets.

Strategic Significance:

This move allows MOL to diversify beyond pharmaceuticals into the highgrowth personal care segment, which is projected to grow at 12–14% CAGR in South Asia.
The Nepal facility will serve as a regional hub for exports to neighboring countries and potentially the EU.
The partnership promotes technology transfer, collaborative procurement, and localized manufacturing—key to cost efficiency and regulatory compliance.

Outlook: With rising demand for affordable, quality personal care products in Nepal and surrounding regions, MOL’s expansion into cosmetics aligns with its longterm growth strategy. The JV is expected to contribute meaningfully to revenues by FY27, while enhancing brand visibility and regional market share.

Sources: Economic Times Pharma, MedicamenOrganics.com, Screener.in