Kashmir Indepth
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Generic Aadhaar to expand Pan India through over 800 retail outlets by end of 2020

Srinagar Oct 6 (KINS): Arjun Deshpande the founder of Generic Aadhaar has thanked every individual pharmacist across the globe by giving them entrepreneurship opportunities and said his company will expand Pan India through 800 plus retail outlets by the end of this year.

In a statement to news agency Kashmir Indepth News Service (KINS) the company says millions of pharmacists worldwide who have worked on frontline level for the society will definitely not celebrate any festivals due to the pandemic, but Generic Aadhaar as pharmaceutical company wants to thank each and every pharmacist and frontline workers in the world.

“The love and care they poured, through reaching the end customers in this lockdown’s since Covid-19 Spread across world has also marked their importance and has led that they are significant pillar of the society,” the statement said.

This year every day’s or festivals, will be themed as “Safety and Social Distancing” with various awareness campaigns to avoid the Spread of Virus.

“Pharmacists role in safeguarding patient safety through improving medication use and reducing medication errors is the most important part of a Pharmacist, which leads to Patient’s life safety,” the statement said.

“As Pharmacist plays very important role in the society Generic Aadhaar is giving bundle of opportunities to the pharmacist for being entrepreneurs as Generic Aadhaar is aiming to expand Pan India through 800 plus retails outlets by end of this year based on franchise model to provide Generic medicines for every India,” says Arjun Deshpande- CEO and founder of Generic Aadhaar.

In accordance with the Prime Minister’s vision, Generic Aadhaar is aggregators of pharmacy chain of medicines to support ‘Make in India & Start Up India’ drive with quality medicines at true affordable prices to every Indian quality with affordability.

Ratan Tata Invested in Arjun Deshpande’s Innovative Venture for Encouraging his Vision.

“For his Innovative Start up, even Ratan Tata has joined hands with Arjun Deshpande in his innovative venture Generic Aadhaar. He is not only creating employments but also inspiring youth to became Entrepreneur’s from his Generic Aadhaar Franchise Outlets across India,” the statement said.

Started by a sole mission of making medicines available to every Indian, a 16-year-old set his eyes on the pharma industry. At this novel age, Arjun Deshpande, one of India’s youngest entrepreneurs founded this innovative venture, Generic Aadhaar. Generic Aadhaar is a registered trademark of Swasthya Life science Pvt Ltd.

As per statistics, about 60% of Indians cannot afford to buy their daily medicines. The reason is the high prices which are absolutely unnecessary in the Indian pharmaceutical market. About 85-90% of the medicines in the market are generic. The customer has to pay for high costs of these generics because they are marketed and branded resulting in high incurred costs of marketing and promotional activities.

“Generic Aadhaar has disrupted the conventional pharma industry and is determined to empower single store owners and pass on the benefit to the end customer. Generic Aadhaar has a B2B and B2C model. We are appointing franchisee across India by aggregating single medical stores which are in bad shape due to heavy competition in today’s traditional pharma market. We are thus passing on the benefits to the franchise owners. www.genericaadhaar.in,” the statement added.(KINS)

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