Indore-based pharmaceutical MSMEs, Modern Laboratories and Nandani Medical Labs Pvt. Ltd., were awarded for their contributions to the industry in a special ceremony organized by the MSME Ministry of Madhya Pradesh. Modern Laboratories was recognized for their exceptional work in the pharmaceutical sector with a first-place award and a prize money cheque by the Chief Minister, Shivraj Singh Chouhan, and MSME Minister, Omprakash Saklecha. The company has made significant contributions to the industry, particularly during the COVID-19 period.
Modern Laboratories has been at the forefront of pharmaceutical research in Madhya Pradesh and was the first Pharma MSME to receive permission to produce Amphotericin B, a critical drug to fight Black Fungus disease. The company has also made significant strides in the domestic and international markets, expanding exports to over 26 countries.
The Director of Export, Shivanshu Kharia, received the award on behalf of Modern Laboratories, Indore. The promoters of Modern Laboratories Pvt. Ltd., Indore, Arun Kharia, and Dr Anil Kharia, congratulated the team on this exceptional achievement. Nandani Medical Lab Pvt. Ltd, another MSME Pharma Company under the same banner Modern Group of Industries, was also awarded for implementing Best Practices to empower the Pharmaceutical Industry.
The Chief Minister of Madhya Pradesh awarded Nandani for their outstanding performance in the challenging times of the COVID-19 pandemic. The award has been received by Arun Kharia and Shantanu Kharia at Bhopal. Modern Laboratories and Nandani Medical Labs Pvt. Ltd. have become significant players in the MSME Pharma Industry in Indore, and this recognition is a testament to the company’s dedication to excellence.
The Group Director of Modern Group of Institutions, Dr Punit Kumar Dwivedi, Head of Institute Modern Institute of Pharmaceutical Sciences, Dr Sapna Malviya, and Principal of Modern International School Dr. Keerti Choudhary congratulated the leadership of the Modern Group for these notable achievements of both industries.
