Kusum Group launches Rs 90Cr manufacturing plant
Pharmaceutical major Kusum Group of Companies has recently announced the launch of its latest Rs 90 crore Indore plant at the special economic zone in Pithampur. Built on an area of over 4.88 acres, the state-of-the-art Greenfield manufacturing plant is equipped with latest technology and will comply with cGMP (Current Good Manufacturing Practice) PIC/S (Pharmaceutical Inspection Co-operation Scheme) and EU (European Union) quality standards. Presently in its first phase, the plant will be completed in three phases with an investment of additional Rs 120 crores in over 3 years. While in the first phase, the plant is ready for manufacturing tablets, capsules, effervescent tablets and products in sachets, in the second phase, the capacity of tablets and sachets will be increased and while in the third phase, a new manufacturing unit will be set up to manufacture injectable products. With the launch of the 1st phase of the Indore plant, the Kusum Group has created employment opportunities for around 100 jobs. The plant will further help the company to gain more grounds in the Indian market share and will support the distribution network of south Indian markets.