Ionic MSM Inc Expands to India
Illinois-based Ionic MSM Inc., a health and wellness firm, has setup a fully integrated production unit at Jaipur in the northwestern state of Rajasthan, to manufacture products based on an organic form of sulfur called methyl sulfonylmethane (MSM) for India and other Asian markets.
The new entity, Ionic MSM Ltd., is promoted by industrialist Dr. Santosh Kumar Bagla (not related to me!) who said that in India, the company had launched more than 40 products used in cosmetics, health care, pain management, and veterinary products, reports Business Standard.
The parent company estimates that the India and Asia markets will provide business worth $80 million in the next 5 years.