Drugs and Pharma
Status: Planning Stage
Promoter: Glaxosmithkline Pharmaceuticals
Projects: Plans a tablet & capsule manufacturing pharmaceutical factory
Location: Vemagal Industrial Area, dist. Kolar, Karnataka
Project Cost: The cost of the project is Rs. 10 billion.
Project Details: The 50 acres of land was sanctioned by the State government. The factory will make more than 8 billion tablets and 1 billion capsules in the areas of gastroenterology and anti-inflammatory medicines for the Indian market. The factory will be built in partnership with international and local design and construction companies. The facility will also include a warehouse, site infrastructure, employee welfare centre and utilities to support the manufacturing and packing of the medicines. The foundation stone was laid on 8th September 2015. The factory is expected to be fully operational by 2017.