Lake Chemicals Pvt. Ltd. was founded in 1992 in Bengaluru by Manoj C. Palrecha, a visionary leader with a deep commitment to advancing India's pharmaceutical sector and enhancing patient welfare. Under Mr. Palrecha's leadership and supported by a dedicated team of professionals across various functions, Lake Chemicals has achieved significant growth and development.

Lake Chemicals strategically positioned itself in the psychotropic therapeutic segment, focusing primarily on bulk drugs for the central nervous system, along with select anti-glaucoma and antidiarrheal APIs. Initially serving domestic markets, the company began exporting in 1994 and has since expanded its reach to over 65 countries. Lake Chemicals holds eight Certificates of Suitability (CEP) for its APIs and has been periodically inspected and certified as EU-GMP compliant by the Danish Medicines Agency, with the first approval in 2012.

Lake Chemicals is currently in a phase of rapid expansion and plans to diversify into multiple therapeutic segments in the near future. The company is committed to advancing the pharmaceutical field and expects to significantly contribute to the sector's growth over the next decade, building on its strong foundation.