Laurus Labs has announced a ₹5,000 crore investment to set up an advanced manufacturing facility in Anakapalli district, Andhra Pradesh.
Government Support and Fast-Track Approvals
The decision was finalized on April 3, 2025, during a meeting between Andhra Pradesh Chief Minister N. Chandrababu Naidu and Laurus Labs CEO Chava Satyanarayana in Amaravati. The state government has committed to allocating land in Rambilli village and ensuring swift approvals to create a business-friendly environment for the company’s expansion.
Strengthening India’s Pharmaceutical Industry
The investment aligns with the company’s growth strategy and reinforces its position in the pharmaceutical and life sciences sector. The new facility will focus on advanced drug manufacturing, helping strengthen India’s pharmaceutical supply chain and boosting exports.
Cutting-Edge Technology
Laurus Labs will integrate state-of-the-art technology to enhance efficiency and scalability in drug production. As reported by thehindubusinessline.com, the new plant is also expected to generate 7,500 direct and indirect jobs, contributing significantly to economic growth in the region.
