Venky’s sets up new task for veterinary medicine merchandise

Venky’s sets up new task for veterinary medicine merchandise

by admin- Monday, December 13th, 2021 03:35:45 PM

Venky’s (India) putting in a brand new assignment for manufacture of Veterinary Medicine Products beneath its Animal Health Product Segment. The Company has obtained land
admeasuring 15030 Sqm at MIDC, Village: Kesurdi, Tal: Khandala, District: Satara, Maharashtra for this reason. Construction activities will begin in December 2021
and it’s far predicted that the project could be completed with the aid of March 2022 and industrial production will start by means of June 2022.

This undertaking is to manufacture Veterinary Medicines Powders (six hundred Tonnes/Annum) and Veterinary Medicines Liquids (300 Kilolitres I Annum) to cater the developing demand from poultry industry.

Total fee of the challenge is anticipated at Rs. 30 crore with the intention to be funded from inner accruals.

The proposed plant could be the second one from the Company and can be in compliance with the state-of-the-art FDA law and expected to cater export desires additionally. The Company has already one plant located in Pune (Maharashtra) with a capability of 600 Tonnes/Annum and the said ability is utilized to the volume of 70-80%.

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