Ipca Labs to set up new formulations unit at Indore.

Ipca Laboratories is planning to set up a formulations plant in Madhya Pradesh. Ipca, an existing manufacturer of betalactam tablets, capsules and dry powders, APIs is settimg up a 100 % export oriented manufacturing plant at Indore in MP with an investment of Rs.800 million. The plant is to be located in the Special Economic Zone ( SEZ) in Indore. As of July 2005, the company has started the work on the project and the new unit will become operational within 18 months. Besides this, the company is currently implementing a new formulations manufacturing project in Uttaranchal with an investment of Rs.150 million. The new unit will cater domestic market. As of July 2005, the project is under implementation and will me completed in March 2006.

Contact Address :

Ipca Laboratories, 142 AB, Kandivli Industrial Estate, Kandivli (West), Mumbai – 400 067, Maharashtra. Tel : 56474747. Fax : 28686954 / 2875