Gujarat upbeat with setting up of 42 new pharma plants with investment of Rs. 617 crore
Following 273 MoUs inked as part of the 9th Vibrant Gujarat (VG) Summit-2019 held between January 18 and 22, Gujarat has set up 42 new pharmaceutical plants with an investment of Rs. 617.40 crore. Around 129 plants are also in the process of getting commissioned in the coming months. In Vadodara, Alembic Pharmaceuticals Ltd which manufactures capsules and tablets has set up the plant with the biggest investment of Rs. 300 crore followed by formulation manufacturer DWD Pharmaceuticals Ltd at Rs.50 crore and United Capz Pvt Ltd which manufactures empty hard gelatin capsule has setup unit in Valsad at Rs. 48 crore. Ahmedabad based Edkem Pharmaceuticals Ltd which manufactures capsules, tablets, oral liquid and external preparation has set up the unit with an investment of Rs. 35 crore, Bulk drugs manufacturer Rubamin Ltd has made an investment of Rs. 25 crore for its unit at Panchmahal and anti ...