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Mankind Pharma to invest Rs 200 crore to open 2 plants by mid-2016

Industry Drugs & Pharmaceuticals

Mankind Pharma will open two pharma units one each in Rajasthan and Sikkim in the mid of 2016. The Behror facility in Rajashthan will focus on Active Pharmaceutical Ingredients (APIs), while Sikkim plant will focus on products for different segments of the firm. Approximate cost of the project is around Rs. 50 crore and Rs.150 crore respectively funded through internal accruals.

Extracted from ET, Nov 29,’15

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