· Manufacturing & Investment · Source: thehindubusinessline.com

Laurus Labs building advanced manufacturing complex in Visakhapatnam with ₹5000 cr

Laurus Labs is setting up a world-class pharmaceutical manufacturing complex in Visakhapatnam with an investment of over ₹5,000 crore. The company has received 532 acres from the Andhra Pradesh government and plans to invest $600 million over eight years. Laurus is also fast-tracking a large fermentation facility in Vizag, citing better infrastructure compared to Mysore.

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