Almet Corporation

Almet Corporation Limited is a Mumbai-based pharmaceutical company that has been active in the Indian healthcare sector since its incorporation in 1960. The company specializes in the manufacture and marketing of pharmaceutical formulations, particularly small molecule generics for infectious and gastrointestinal diseases. In 2011, a majority stake in the company was acquired by Krishna Deep Trade and Investment, reflecting its position in the consolidated Indian pharma market. Almet is recognized by the National Pharmaceutical Pricing Authority (NPPA) and continues to operate as a public unlisted entity. The company is also linked to the Vascon Engineers group and has historical associations with prominent figures in the Indian biotechnology industry, such as the Barwale family. It maintains manufacturing and research interests within the Maharashtra region of India.