Vaccinemaker Serum Institute of India plans to invest $160 Million in new manufacturing facility in

Specifications:

Name:

Vaccinemaker Serum Institute of India plans to invest $160 Million in new manufacturing facility in

Location:

Pune, India

Company:

Serum Institute of India

Estimated Cost:

$160 million

Source:

economictimes.indiatimes.com

Introduction:

Serum Institute of India announced its plans to set up a new manufacturing plant in Pune,India with an investment of $160 Million (Rs 1,000 crore).

Features:

Serum Institute of India is the world's 5th largest vaccine manufacturer by volume with an installed capacity of over 1 billion doses of different vaccines annually.

http://luregalore.com

This company is also one of the largest suppliers of vaccines to over 140 countries. Serum Institute of India CEO and Executive Director Adar C Poonawalla said the new facility will be making vaccines for dengue, rotavirus, pneumonia and many other diseases.