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Dr. Reddys Labs plans new API manufacturing unit at Srikakulam

Dr. Reddys Labs Ltd plans new active pharmaceutical ingredients (API) manufacturing unit at Devunipalavalasa village in Chipurupalli Taluk in Srikakulam district of Andhra Pradesh with an investment of Rs. 5210 million. The company also plans to set up 3x10 TPH (coal fired) and 1x10 TPH (oil fired) boiler to meet power requirements apart from power sourcing from APTRANSCO grid. The project is yet to get statutory clearances.

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