Economy
Zydus-Sunshine JV Signs Agreement for $20 Million Sri Lanka Pharma Plant
The Hindu2h
THE BRIEF
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Zydus Sunshine Lifesciences signed an agreement with Sri Lanka’s Board of Investment to establish a pharmaceutical manufacturing facility in Horana.
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The $20 million project spans nearly four acres and aims to commence commercial operations in 2028 subject to regulatory approvals.
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The facility will manufacture oral solid dosage forms in its first phase to strengthen local medicine supply chain resilience and enhance Zydus's international presence.