Akums and TNAU will collaborate to strengthen research through shared expertise and innovative agricultural solutions, to foster innovation in formulation development
The capital raise will also support debt repayment or prepayment, improving the company's debt-to-equity ratio and overall financial resilience
This unit will focus on the manufacturing of health and wellness equipment
The company is targeting a Rs. 1,000 crore finished dosages business within the next five years
This facility represents a significant step in Croda’s Pharma business strategy to ‘Empower biologics delivery’
Through strong industry cooperation, significant investment, and smart policy backing, API manufacturing may become self-reliant
Overall investment in the US facility is estimated around US$50 million
Company expects to begin building four more domestic manufacturing sites this year and add 13,000 high-wage manufacturing and construction jobs in America
Revenue from operations also dropped 8.3 per cent at Rs. 133.5 crore in Q3 FY25
Subscribe To Our Newsletter & Stay Updated