
India And Maldives Strengthen Healthcare Partnership
In line with this initiative, the State Trading Organization Plc (STO) - a Government of Maldives enterprise responsible for the import and distribution of essential goods - has signed a strategic agreement with HLL under India's Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), a government initiative aimed at providing affordable, high-quality medicines to the public.
This partnership ensures a continuous and affordable supply of essential medicines to every corner of the Maldives. Over the past year, the Maldives' health system has faced challenges with frequent stock-outs of vital pharmaceuticals, disrupting patient care and placing significant strain on Aasandha, the national health insurance scheme.
Emergency imports restored 99 per cent of the availability of essential medicines by April, but short-term solutions alone cannot ensure sustainable access.
This agreement with HLL turns emergency relief into a permanent supply solution. HLL has proven to be a dependable partner during past crises.
During the COVID-19 pandemic, HLL supplied critical medical supplies to the Maldives, demonstrating its capacity to quickly and efficiently manage large-scale exports.
This history of collaboration gives STO confidence that HLL can meet both current and future needs.
By linking with HLL's extensive Janaushadhi network, which provides over 2,000 quality-assured generics and 300 surgical items, the Maldives taps into one of the world's most efficient pharmaceutical supply chains.
Established in 1966 and with its headquarters in the state capital city, HLL has come a long way as part of the implementation of the Family Planning Programme under the Ministry of Health & Family welfare and a contraceptive making company, it is now a total healthcare company and in its growth trajectory, it has won numerous accolades not only from the government but at international level too.
Currently, there are close to 10,000 employees in various categories at HLL, which include 3,900 direct employees and the rest comprises contract third-party and laboratory staff.
The HLL have, by now, supplied medical devices to various medical institutions in 29 states and seven Union Territories. It ended the previous fiscal with a turnover of Rs 5,081 crore and had a profit of Rs 112 crore.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Whale.Io Accelerates Into Battlepass Season 2 With Double Lamborghinis And Epic Rewards
- Primexbt Expands MT5 Offering With Over 100 New Trading Instruments
- SPACE ID And Floki Launch Decentralized Hub To Take Digital Identity To Next Level
- B2PRIME Group Appoints Ex-State Street Vice President To Lead Institutional Business Development
- Whale.Io Sets Sail For Token2049 Dubai As Wristband Sponsor, Gearing Up For $WHALE Token Launch
- Signalrank Marks Two-Year Milestone With Strong Performance, Announces V4 Of Investment Selection Model
Comments
No comment