The Andhra Pradesh government has entered into a memorandum of understanding (MoU) with Immunologix India (IGY).
The MoU has been inked to set up a vaccine manufacturing unit at Andhra Pradesh Centre for Advanced Research on Livestock (APCARL) in Pulivendula.
The company will invest around Rs 50 crore on the vaccine manufacturing unit.
Pulivendula IGCARL has inked an agreement with IGY in the form of PPP for the setting up of the vaccine production centre in the state. As per the agreement the vaccine will be manufactured from 2021.
All kinds of vaccines which were required for treatment to various diseases of cattle will be manufactured from 2021 in the state as a result of this agreement.
The state government will provide all facilities required for setting up the manufacturing unit in the state.
The unit will provide employment to 100 professionals and other staff. The state government will also export the vaccines to other states.