Torrent Pharma said that it has commenced production from its new plant in Gujarat, the first phase of that has come up at an investment of over Rs 650 crore.
Torrent Pharmaceutical said in a regulatory filing that the facility, that is being set up in two phases, is the company’s 5th formulation plant and the second unit where active pharmaceutical ingredient would be produced.
It further said that “the total investment made in the first phase of the plant is over Rs 650 crore.”
The new plant that is situated at Dahej SEZ is spread across 70 acres with a built up area of around 97,000 square meter.