Project Category
Project Category
Medical and Health, Drug & Pharma
Project Description
Project Description
Granules India is implementing an Active Pharmaceutical Ingredients (API) manufacturing facility in dist. Vishakhapatnam, Andhra Pradesh. International Finance Corporation (IFC) plans to part-fund the project. The investment will be in the form of debt investment of up to USD 47.5 million. A large part of the investment program is in the form of capital expenditures in India, which is estimated to cost about USD 84 million. The project includes building a greenfield API manufacturing facility in Vishakhapatnam, expanding existing API and PFI capacities (including constructing a new block in Bonthapally facility), investment in R&D, quality assurance, and quality control and additional warehouse capacity. The project is under implementation. The project is scheduled for completion in H2 2017. [Info as of: Feb. `17]
Country
Country
\ Andhra Pradesh
Our Reference Number
Our Reference Number
2009818170424
 
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