By: IPP Bureau
Last updated : July 28, 2025 12:30 pm
The company has projected Rs. 5,630 crores of investment and to provide employment to 6,350 people in three phases over a period of eight years
The Government of Andhra Pradesh has allotted 531.77 acres (Five hundred thirty-one acres and seventy-seven cents only) of land in IP Rambilli Phase-II of Anakapalli District to our Company for establishment of Laurus Pharma Zone (LPZ) for setting up of manufacturing units for Pharma products.
The company has projected Rs. 5,630 crores of investment and to provide employment to 6,350 people in three phases over a period of eight years. With this allotment, the company has secured an important component for future expansion of its business i.e., land parcel.