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Oct, 16 2018

Sun Pharma to invest additional Rs 200 crore in Assam plant

Sun Pharma will invest an additional Rs 200 crore at its plant in Assam to augment operations.

Sun Pharma will invest an additional Rs 200 crore at its plant in Assam to augment operations.

Sarbananda Sonowal, Chief Minister of Assam, has inaugurated a new production line at Sun Pharma’s facility in Palashbari.

An official release from Chief Minister's Office said, "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."

The medicine firm pumped in Rs 120 crore to set up this new production line. It will boost the capacity to manufacture liquid vials, injectables, eye drops and tablets among others.

"The company is providing employment to 595 people and 62 per cent of this workforce is from the state," the release added.

Dilip Shanghvi, Managing Director of Sun Pharma, has said that this plant is expected to become one of the largest facilities in the next few years in the company’s network to manufacture sterile products.

Sun Pharma is claiming that the unit operates under 'Zero Discharge' norms. It means that the treated effluent is 100% recycled within the site for gardening, cooling tower and toilet flushing system.

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