Helvoet Pharma, a Belgium based company, is setting up a greenfield
production facility in Khandala Industrial Area, Phase I (SEZ), on Pune-
Bangalore Highway, near Pune.
The company has invested Rs 120 crore for the plant which will be operational
by 2012. The plant will manufacture components for primary packaging of
parenteral pharmaceutical and diagnostic drugs. It will produce four billion
components at full capacity by end-2014.
Products manufactured at the plant will be exported to US and other European
markets.