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Torrent Pharmaceuticals Ltd on Thursday said it has commenced commercial operations at its new plant at Dahej in Bharuch district of Gujarat.
This is the company’s fifth formulation plant and the second API Plant. The facility is being set up in a two phases. Total investment made in the first phase of the plant is over Rs. 650 crore.
The new plant, situated in Dahej SEZ, is spread across 70 acres with a built-up area of around 97,000 square metres. The Phase I will have an installed capacity of about 7,500 million tablets/capsules and 25 MT API per annum.
The plant will cater mainly to the more regulated international markets such as the US, Brazil, and Germany and is already approved or under approval by regulatory authorities of these countries, said Jinesh Shah, Executive Director. “This plant will scale up Torrent’s manufacturing capacity to meet the growing demand from the international markets.”
Construction of Phase II will commence soon. Once commissioned, the total capacity will increase to about 14,000 million tablets/capsules and 80 MT API per year.
Torrent Pharma, with annual revenues of nearly Rs. 4,700 crore, is the flagship company of the Torrent Group.
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