Sun Pharma plans additional investment in Assam unit
Assam government has informed that Sun Pharma will invest an additional Rs. 200-crore at its plant in the state to augment operations. Assam Chief Minister Mr. Sarbananda Sonowal recently inaugurated a new production line at Sun Pharma’s facility in Palashbari.
“The company has already invested Rs. 700-crore in this manufacturing facility in the state and another Rs. 200-crore is going to be invested,” an official release from the Chief Minister’s Office said. The company has invested Rs. 120-crore to set up this new production line, which will boost the capacity to manufacture liquid vials, injectables, eye drops and tablets among others, the release said.
Speaking on the occasion, Sun Pharma’s MD Mr. Dilip Shanghvi said that the plant is expected to become one of the largest facilities in next few years in the company’s network to manufacture sterile products.
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