The company is planning to set up an export-oriented unit (EoU) at Sanand near Ahmedabad to manufacture critical care injectables, tablets and topical preparations. Its current facility in Dehra Dun will also see expansion this year.
The new unit at Sanand will come up over an area of 75 acres for which land has already been acquired. The plant would being operations from from February 2009. Close to Rs 120 crore will be invested in the new unit, which will funded through internal accruals.