Latest News

GSK Pharma aims to invest Rs 1,000 crore in Karnataka plant

GlaxoSmithKline (GSK) Pharmaceuticals Ltd has been investing Rs 1,000 crore in a unit in Karnataka and aims to enhance its global pipeline in areas like respiratory drugs and vaccines in India.

According to the annual report of the company, ” It is investing Rs 1,000 crore in a new state-of-the art pharmaceutical factory in Vemgal, Karnataka. The factory will initially supply a range of solid dose from products. The factory will commence production in 2018 and produce more than 8 billion tablets and 1 billion capsules a year.”

Read EquityPandit’s Technical Analysis on Nifty Pharma

Click here to check market prediction for next trading session.

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.



πŸ“°
News
πŸ“ˆ
Prediction
πŸ“Š
FII / DII
πŸ‘”
Advisory
Get 1-2 Index Option Trades Daily