Nitika to build 4th excipients plant near emerging Indian export hub

By Gareth Macdonald

- Last updated on GMT

Nitika to build 4th excipients plant near emerging Indian export hub
Nitika Pharmaceutical Specialties Pvt Ltd has said it will build a fourth pharmaceutical excipients plant in Nagpur, India.

The firm announced the investment last week according to reports in the Indian press​, explaining that additional production capacity will help it cater for international markets.

The new plant, like the three existing facilities, will be located 15 miles from the Multi-model International Cargo Hub and airport at Nagpur (MIHAN), which is being developed as an export-focused economic development hub.

Privately owned Nitika claims it generates two third of its annual revenues from export markets.

The firm did not respond to a request for comment.

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