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Glenmark Generics unit nearing completion

21 July 2010: Glenmark Generics is setting up a formulations development centre in Pithampur SEZ area near Indore in Madhya Pradesh at a cost of Rs 25 crore.

The project is likely to spread over 100 acre and be implemented in two phases. Work on Phase I has been completed Phase II was expected to commence by September 2010. The company also plans to set up a facility in Sikkim, which is at nascent stage.

Source: ProjectsToday