Corporate Overview

The brand name ATLAS requires little introduction - synonymous as it is with the highest quality bicycles, both in India and International markets. The promoters of ATLAS Cycles (Haryana) Ltd. - Salil Kapur and Sanjay Kapur - have been associated with the Bicycle Division for the last three decades. Under their leadership, the group has achieved many milestones and today, ATLAS has a strong presence in the Indian domestic market for bicycles. Exports to International markets have also contributed to the Group's growth immensely.

Given the rich experience and expertise gained over the years in manufacture and processes, the promoters decided to look at other high-growth market segments to tap and in 2005, decided to venture into the burgeoning pharmaceutical health care market. The underlying philosophy was that given the huge advancements in world of medicine and the invention of revolutionary new medicinal drugs practically every day, pharmaceuticals was the one industry that would continue to grow at an exponential rate.

Keeping this vision in mind, a state-of-the-art pharmaceutical formulation plant, ATLAS Laboratories & Pharmaceuticals Limited (ALPL) complying Schedule M and World Health Organization (WHO) guidelines, has been set up on a 10 acre land with a built up area of more than 10,000 square meters.

The plant is situated in Hardwar, which is an excise free zone and offers major incentives for companies whose products are being manufactured there on contract basis.

The Government of Uttarakhand has provided excellent infrastructure facilities in Hardwar thereby giving added advantages over other excise free zones located in the states of Himachal Pradesh and Jammu & Kashmir.