The Natural Capsules Board of Directors has approved capacity expansion plan to increase manufacturing capacity to 22.08 billion capsules over a period of next two years.
The project will entail an investment of Rs 39.90 crore. The financing for the project will be done through internal accruals and fund raising.
The Board of Directors also took on the record the completion of capacity expansion of Gelatin capsules from 7.8 billion to 11.04 billion capsules per annum.