Published On:September 19 2014
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AP CM inaugurates pharma unit.
The Andhra Pradesh Government will provide the necessary infrastructure, incentives and skill upgradation facilities for the pharma industry and the captains of industry should come forward to invest on a large scale in the State, according to Chief Minister N. Chandrababu Naidu.
He was speaking at Derasam village in the Ranasthalam mandal of Srikakulam district recently after inaugurating the formulations unit of the VKT Pharma Private Limited - a company of the SMS Pharma group. The unit was set up in 17 acres at a cost of Rs. 200 crore for producing 1.4 billion tablets per annum.
HBL