Divi’s Laboratories is planning to commence construction of its unit-III facility at Kona Forest, Ontimamidi Village, Andhra Pradesh from the December 07, 2020. The Company will be investing about Rs 1500 crore out of its internal accruals in phased manner for the implementation of its Unit III facility. The operations are likely to commence within 12 to 18 months for 1st phase of the Project. All the requisite licenses have been granted by the Government of India and Government of Andhra Pradesh for implementation of the Project.
Divi’s Laboratories focused on developing new processes for the production of Active Pharma Ingredients (APIs) & Intermediates.
