Sava Healthcare, a pharmaceutical firm, has announced a Rs 200 crore investment in the purchase of 15 acres of property at the Smart Industrial Park (SIP) near Indore, Madhya Pradesh. The firm, based in Pune, focuses on worldwide contract research and production.
“Indore’s attractive business climate, strong commitment to fostering manufacturing capabilities by various industries and industry-prone capital incentive structure were key factors in the decision to expand operations there.
The Smart industrial park is well developed and provides a well-equipped ecosystem to cater the global demand. By significantly increasing capacity in our core offerings, Sava Healthcare further enhances its ability to supply every company, every time, from every corner of the world with our vital product range. The world is our market,” Sava Healthcare Chairman Vinod Jadhav said.
