Laurus Labs will invest ₹5,000 crore in Anakapalli district of Andhra Pradesh to arrange a state-of-the-art manufacturing facility, creating 7,500 direct and oblique jobs.
This choice was made throughout a gathering between Andhra Pradesh Chief Minister N Chandrababu Naidu and Laurus Labs CEO Chava Satyanarayana in Amaravati on Thursday, in accordance to a launch.
The State authorities will allot land for the proposed plant in Rambilli village, Anakapalli district. The Chief Minister assured the drug-maker of a conducive enterprise atmosphere and provided full help, together with the speedy allotment of land, the discharge added.
Revealed on April 4, 2025
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