Pharma Production in India Mankind Pharma Plans to Build Manufacturing Plant In the Himalayas
Mankind Pharma, a Delhi company has plans to construct new manufacturing plants in India. One of the new plants will be built in Sikkim, a mountainous state towards the north west of the country.
Mumbai/India – Under the state law, manufacturers that have set up facilities in the region before April 2017 will not have to pay taxes on revenues that are generated by products made there for 10 consecutive years. Mankind’s plant is scheduled to be operational next March. The firm will join Cipla, Sun Pharma, Zydus Cadila along with other industry leaders to set up manufacturing plants in the state.