Akums Drugs & Pharma to Invest $24 Million in Zambian Healthcare Subsidiary
Akums Drugs & Pharma plans to invest $24 million in its newly incorporated subsidiary, Akums Healthcare (Zambia) Private Limited, over the next three years. The investment aims to establish a manufacturing facility in Zambia, expand operations, and meet pharmaceutical demand in neighboring African countries. Akums holds a 51% stake in the Zambian subsidiary, which was incorporated on October 13, 2025. The Zambian pharmaceutical market, currently valued at $200 million, is expected to grow to over $300 million by 2030. This strategic move aligns with Akums' goal to strengthen its global presence and tap into the growing African healthcare sector.

*this image is generated using AI for illustrative purposes only.
Akums Drugs & Pharma , a leading Indian pharmaceutical company, has announced plans to invest $24 million in its newly incorporated subsidiary, Akums Healthcare (Zambia) Private Limited. This strategic move marks a significant step in the company's expansion into the African healthcare market.
Investment Details
The investment is planned to be made in phases over the next three years:
| Year | Cash Investment | Investment in Dossiers |
|---|---|---|
| 2026 | $2 million | - |
| 2027 | $5 million | - |
| 2028 | $5 million | $12 million |
Strategic Objectives
The primary objectives of this investment are:
- To establish a manufacturing facility in Zambia
- To expand Akums' business operations in the Zambian market
- To meet the growing pharmaceutical demand in neighboring African countries
Market Potential
Zambia, a member of the Southern African Development Community (SADC), presents a promising market for pharmaceutical expansion:
- The Zambian pharmaceutical market is currently valued at approximately $200 million
- It is expected to grow to over $300 million by 2030
- Nearly 85% of essential medicines in Zambia are currently imported
Subsidiary Details
- Name: Akums Healthcare (Zambia) Private Limited
- Incorporation Date: October 13, 2025
- Industry: Manufacturing and trading of Pharmaceuticals, Medicinal Chemical and Botanical Products
- Ownership: Akums holds a 51% stake in the Zambian subsidiary
Regulatory Compliance
The investment does not require any specific governmental or regulatory approvals, facilitating a smooth entry into the Zambian market.
Corporate Strategy
This move aligns with Akums' broader strategy to strengthen its global presence and expand its international operations. The company aims to leverage its expertise in pharmaceutical manufacturing to tap into the growing African healthcare sector.
By establishing a local manufacturing presence, Akums is positioning itself to better serve the Zambian market and potentially use it as a hub for exports to other SADC nations, which have a combined population of over 400 million.
This investment in Zambia represents a significant milestone in Akums Drugs & Pharma's international growth strategy. The move is expected to not only boost the company's presence in Africa but also contribute to the development of Zambia's pharmaceutical sector.
Historical Stock Returns for Akums Drugs & Pharma
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.48% | -4.99% | -5.39% | -14.76% | -28.61% | -45.07% |


































