Laurus Labs will invest Rs 5,000 crore to establish an advanced manufacturing facility in Anakapalli district, Andhra Pradesh.
The decision was finalised during a meeting between Andhra Pradesh Chief Minister N Chandrababu Naidu and Laurus Labs CEO Chava Satyanarayana in Amaravati on 03 April, 2025. The Andhra Pradesh government has committed to providing land for the facility in Rambilli village, ensuring swift approvals and a business-friendly environment for the company’s expansion.
The investment aligns with Laurus Labs’ growth strategy, strengthening its position in the pharmaceutical and life sciences sector. The upcoming facility will focus on advanced manufacturing, enhancing India’s pharmaceutical supply chain and boosting exports. The new plant will integrate cutting-edge technology to enhance efficiency and scalability in drug production. The move is set to generate 7,500 direct and indirect employment opportunities.