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Lupin seeks more time from commerce ministry to complete project in Indore SEZ

Mumbai : Lupin has sought more time from the commerce ministry to complete its project, with proposed investment of Rs 205.69 crore, in the Indore Special Economic Zone (SEZ). The company is setting up its pharma unit in Indore SEZ to manufacture pharmaceutical formulations – metered dose inhalers and dry powder inhalers.

The company’s plea for extension of time will be considered by the highest decision making body of SEZs – Board of Approval (BoA) in its meeting on April 22.

Lupin is an innovation led transnational pharmaceutical company developing and delivering a wide range of branded & generic formulations, biotechnology products and APIs globally.

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