Supriya Lifescience opens new API block at Lote Parshuram site in Maharashtra
Supriya Lifescience inaugurated a new API production facility in Maharashtra, costing Rs 120 crore. The expansion adds 335 kiloliters of capacity, boosting the total to 932 KLPD. The facility supports R&D, backward integration, and new product c...
The facility, developed with an investment of approximately Rs 120 crore, adds a substantial capacity of 335 kiloliters to the company’s operations. This expansion boosts the Lote Parshuram capacity by over 55%, increasing it from 597 KLPD kilo liters per day) to 932 KLPD.
The new production block is designed to support Supriya’s strategic focus on expanding its R&D capabilities and scaling up its pipeline of innovative products.
The facility is tailored to support the company’s backward integration model, ensuring economies of scale and a competitive edge. It is spread across 5,000 square meters and structured over four levels, the facility enables efficient operations and safe workflows, the company said.
The facility houses 33 reactors, comprising stainless steel and glass-lined varieties, with capacities ranging from 1.6 KL to 16 KL.
The new block will aid commercialisation of new products in niche therapeutic segments helping the company gain market shares in key geographies.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.