Syncom Formulations India Ltd announces expansion project to increase capacity
Posted On: 2020-12-19 10:23:47 (Time Zone: Arizona, USA)
The Board of Directors of Syncom Formulations India Ltd at their Meeting held on l8th day of December, 2020 has approved the project for expansion cum Modernisation of the company's existing plant 256-257 Industrial Area, Sector I Pithampur, District Dhar (M.P.) by setting up new injectable blocks having One Dry Injection line, one Liquid Ampule line and one Liquid Vile line. Also, modernisation in tablet dept. with new Effervercent Tablet block.
The cost of project is estimated to be Rs.4031.50 Lakhs including working capital margin of Rs. 1005.50.00 Lakhs.