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Mangalam Drugs and Organics commissioning new intermediate manufacturing facility at Gujarat

18 Jun 2021 Evaluate

Mangalam Drugs and Organics is commissioning new intermediate manufacturing facility at unit 1 located in Vapi, Gujarat. This intermediate is an import substitute and an important raw material, which the Company was importing from China. This will enable to reduce reliability on Chinese imports for this product and help to maintain uninterrupted supply chain to a great extent.

This being a multi-product manufacturing facility, it will also support production of a few more intermediates that are presently being imported from China, thus making self-sufficient to a great extent. 

Mangalam Drugs and Organics is an India-based company engaged in the manufacturing of chemicals, such as active pharma ingredients (API) perfumery, disperse dye intermediates, bulk drugs and bulk drugs intermediates. The Company’s segments include bulk drugs, and chemicals and others. 

Peers
Company Name CMP
Sun Pharma. Inds. 1860.00
Dr. Reddys Labs. 1250.00
Cipla 1383.00
Lupin 2060.00
Zydus Lifesciences 1195.20
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