NATCO initiates Greenfield Facilities for Niche Agrichemical Business
Deepthi | Myequity news | Date : 25-01-2019 12:40:00 IST
Natco Pharma Limited has initiated work on green-field manufacturing facilities for producing Niche Agrichemical products in the Nellore District of Andhra Pradesh. These facilities will manufacture both Agrichemical Technical and Formulation products.
Natco strongly believes that its pharma strength in chemistry coupled with acumen towards selection of niche molecules would differentiate itself in the Agrichemical space as well. Natco expects the facilities in Nellore district to be commissioned by end of 2019 with a total capital expenditure of INR 100 crores.
NATCO Pharma Ltd was incorporated in Hyderabad in 1981. NATCO today has five manufacturing facilities spread across India with dedicated modern research laboratories, capabilities in new drug development, etc.