Torrent Pharma’s new Plant in Gujarat commences operations
November 05, 2015
Ahmedabad
Pharmaceuticals major Torrent Pharma, one of the leading drug making companies of the country, today commenced commercial operations at its new plant situated in the special economic zone (SEZ) in the port town of Dahej in Bharuch district of Gujarat.
It is Company’s fifth formulation Plant and the second Active Pharmaceutical Ingredient (API) Plant. The facility is being set up in a two phases. The total investment made in the first phase of the plant, which commenced operation today,is over Rs. 650 crores.
The new plant, situated in Dahej SEZ is spread across 70 acres site with a built up area of around 97000 sq. mtr. Phase one has installed capacity of about 7,500 million tablets / capsules and 25 MT API per annum. The plant will cater mainly to the more regulated international markets such as US, Brazil, Germany etc. and is already approved / under approval by regulatory authorities of these countries.
Jinesh Shah, Executive Director at Torrent Pharma said, “This plant will scale up Torrent’s manufacturing capacity to meet the growing demand from the international markets.”
Construction of Phase two will commence soon and once commissioned the total capacity will increase to about 14,000 million tablets / capsules and 80 MT API per year.
Torrent Pharma, with annual revenues of almost Rs. 4700 crores is the flagship Company of the Torrent Group.
DeshGujarat
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