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GlaxoSmithKline Pharmaceuticals to set up Rs 864 crore pharmaceutical manufacturing factory

16 Nov 2013 Evaluate

GlaxoSmithKline Pharmaceuticals (GSK) will set up a new Rs 864 crore factory creating 250 jobs in India as part of its continued commitment to ensuring access to medicines for people in the country. The location of the new factory is yet to be finalized but the company has announced that the lead site is in Bangalore.

GSK will partner with local design and construction companies to build a state of the art manufacturing facility which is expected to benefit from leading edge technologies including continuous manufacturing and automated systems.

When complete the new factory will make pharmaceutical products for the Indian market at a rate of up eight billion tablets and one billion capsules a year. The facility, expected to be operational by 2017, will also include a warehouse, site infrastructure and utilities to support the manufacturing and packing of the medicines.

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