Microbide India Pvt Ltd Announcement
New Delhi, India 15 December 2018
Microbide Limited, the new biocide company that goes Beyond CleanTM, is pleased to announce the formation of a local subsidiary, Microbide India Pvt Ltd, and the appointment of Mr. Saurav Sanyal as its first Director. This announcement followed on the conclusion of the recent CPHI Exhibition in Greater Noida within the National Capital Region and was announced at the Irish Embassy to India.
India is one of the fastest growing economies in the world. In just a few short years India is expected to have the world's largest and youngest population. Currently it has the third largest concentration of scientists and technicians in the world. India is currently ranked as the world’s sixth largest economy. With this backdrop, Microbide India Pvt Ltd director, Mary Skelly, offered the observation that "India has demonstrated it wants to lead, not follow, the world into the future of urgently needed new solutions to addressing public health issues such as hospital acquired infections and new ways to counter mosquito borne illnesses."
Microbide is poised to launch its hospital high level disinfecting solutions in India, as well initiate registration studies here on a new class of biodegradable mosquito larvicide to address Malaria, Dengue Fever, Chikungunya and Zika among a growing number of vector borne public health concerns. Saurav Sanyal stated, "India will be proud to be the place where the first new chemical contact disinfecting technology in more than fifty years is launched."
Microbide worked closely with Invest India, which supports the growth and development of commercial enterprises in India. Microbide India Pvt Ltd represents an opportunity to grow the ecosystem of high-quality jobs in the chemicals industry so important for the cleaning, sanitation, hygiene and public health organisations. The formal establishment of Microbide India Pvt Ltd is a strong indicator that disruptive companies with a strong underpinning intellectual property portfolio view India as an opportunity not solely to take advantage of our low manufacturing cost basis, but rather a base from which their commercial development programmes may be progressed and launched under the Make in India initiative. Microbide’s technology has applications across a range of highly attractive markets. This augurs well for the growth of a dynamic entrepreneurial and innovative ecosystem launching from India.
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Microbide India Pvt Ltd’s parent company, Microbide Limited, was established in 2008 in Dublin, Ireland to research and develop micellar aldehyde-based biocides to eradicate germs, pathogens and vectors of disease. The unmet demand for new solutions has pushed commercialisation to the forefront.
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Saurav Sanyal, is the Founder and Managing Director of Strategica, an India based advisory firm working across a number of sectors of interest to Microbide including: Smart Cities, Education, Food and Agriculture, Consumer Goods, Biotechnology, and Public Health. His most recently published book looks at political leadership & business growth under the Modi government.
Invest India is the national investment promotion and facilitation agency, Invest India focuses on sector-specific investor targeting and development of new partnerships to enable sustainable investments in India.Invest India is transforming the country’s investment climate by simplifying the business environment for investors. https://www.investindia.gov.in