Ind-Swift Laboratories has entered into a Memorandum of Understanding (MoU) with M/s Him Infratech for construction of a warehouse facility at the company’s leasehold land situated at Derabassi, Punjab, adjoining its existing manufacturing facility, Global Business Unit (GBU), at Village Jawaharpur, Derabassi, Punjab.
The estimated contract cost towards construction of the warehouse facility is around Rs 40 crore. The warehouse is expected to strengthen the company's storage and logistics infrastructure and improve operational efficiencies.
Ind-Swift Laboratories is global manufacturer of APIs, Intermediates and formulations (through group collaboration).