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Matrix Labs to expand Nashik plant

Matrix Laboratories Ltd, a major pharmaceutical company is planning to invest Rs.500 million to expand its Nashik production facilities. It is manufacturing active pharmaceutical ingredients (API) and solid oral dosage forms in Vizag and in Nashik. Currently, the Nashik plant which manufactures solid oral dosage formulations has a capacity of 4 billion units and it is to be expanded to 6 billion units by end of FY2011. The plant is spread over a 49,701 sq mtrs with 28,431 sq mtrs built-up area.

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