๐ Tender Overview
Scope : To Set up Pharmaceuticals Manufacturing Plant in Indore, Madhya Pradesh
Gujarat-based SAVA Healthcare conducted the ground-breaking ceremony of its second manufacturing plant, in the Smart Industrial Park (SIP) of Madhya Pradesh Industry Development Corporation (MPIDC) in March.
This green field project will expand the manufacturing capabilities of SAVA Healthcare as well as create 1000+ job opportunities, offering advanced skill development for the local talent pool.
The proposed second plant will have a projected annual production capacity of 2,351.3 million SKUs which will include tablets, capsules, dry powder for oral suspension, ointments, nasal sprays and dry powders for inhalation.
Situated on 13.8 acres of prime land, the forthcoming facility will reportedly meet stringent regulatory standards such as EUGMP / USFDA of global pharma markets. The construction of the facility is slated to be executed in two planned phases. The first phase with a built-up area of 29,000 square meters is targeted for completion within a year, while the second phase will be completed by 2026.
The new manufacturing facility will cater to the growing demand for quality pharmaceuticals in India and globally. Through this expansion, they will additionally create meaningful opportunities for the people in the region.