Pharmaceutical Packaging Plant to be Built in India
September 28, 2010
Helvoet Pharma recently broke ground on its new modern production facility in India, reports Pharmaceutical Online. This new plant will begin operation in 2012 and will supply the local pharmaceutical industry and global operating pharmaceutical customers with components for primary packaging for parenteral pharmaceutical and diagnostic drugs. Helvoet Pharma''s decision to build its own manufacturing plant in India has been made to leverage the country''s position as the center of excellence for generic and branded pharmaceutical products. India has the highest number of U.S. FDA-approved plants outside the U.S.A. and is expected to become a significant healthcare consumer market. This brand-new plant fully equipped with state-of-the-art facilities will be operational early 2012. The new plant will be located near Pune (Maharashtra state) in a newly developed MIDC Special Economic zone with a secure energy supply, good transport connections and access to trained personnel.