Divi's Laboratories to expand capacity at an outlay of approx. Rs. 700 Cr
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Divi's Laboratories to expand capacity at an outlay of approx. Rs. 700 Cr

The proposed facility is expected to be operational around January, 2027

  • By IPP Bureau | April 26, 2024

Divi's Laboratories Limited is in the process of entering into a long-term supply agreement with a customer and is planning for capacity addition at its manufacturing facility with an estimated investment between Rs. 650 crores to Rs. 700 crores, to be funded from internal accruals.

The proposed facility is expected to be operational around January, 2027.

Due to the confidentiality agreement signed with the customer, the company is not permitted to disclose any further quantitative details.

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