Friday, October 26, 2018

Biotech MNC Alltech enters Nepali market


Kathmandu, Oct. 25:
Alltech Biotechnology Pvt. Ltd., a United States-based multinational company, has officially entered Nepal with the inaugural of its Sales and Support Office in Lalitpur on Thursday.

It has made entry to the Nepali market to offer modern products required for the animal feed manufacturers.

“We decided to inaugurate an Alltech regional office in the Kathmandu Valley, to best serve our customers. Milk and meat are always in demand, and we expect this demand will continue to grow in the future. Animal feed manufacturers are our business partners,” said Dr. Mark Lyons, Chief Executive Officer and President of the company.

He said that as the industry was growing in Nepal, the company wanted to start the business close to customers with an aim of providing better service.

Alltech witnessed a 60 per cent business growth in Nepal last year.

“The growth of feed market here is quite significant, and we are the first animal health company to enter into the market,” said Dr. Lyons.

He said that they would consider about technology transfer in the future and next step of the company would be having local production and using local resources.

The solution provider for the sustainable nutrition of plants, animals and people is one of the largest companies in the agriculture sector and operates in more than 120 countries.

It has been operating in Nepal for 15 years.

“Kathmandu was a sensible choice for us and for our clients. Our main goal is to ensure that our existing clients get the timely service and support they need,” said Dr. Aman Sayed, Managing Director of India and Regional Director of South Asia.

The company was founded by Irish entrepreneur and scientist Dr. Pearse Lyons in 1980.

Published in The Rising Nepal daily on 26 October 2018. 

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