Novo-Tor­rent JV expands Gu­jarat unit

India Business Journal - - NEWS ROUND-UP -

Lead­ing di­a­betes-care phar­ma­ceu­ti­cal com­pany Novo Nordisk, in part­ner­ship with Tor­rent Pharma, has in­au­gu­rated an en­hanced fa­cil­ity in In­drad, Gu­jarat and is look­ing at launch­ing more new prod­ucts in In­dia. Tor­rent has in­vested Rs 60 crore so far in the plant, which has an ex­ist­ing ca­pac­ity of about 2.6 crore vials. There will be an in­crease of around 35 per cent in the ca­pac­ity of the plant post-ex­pan­sion. Dubbed as the di­a­betes cap­i­tal of the world, In­dia is home to 7.29 crore peo­ple with di­a­betes.

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