Lyfius Pharma proudly announces the inauguration of
its state-of-the-art Pen- G manufacturing facility, at Kakinada, Andhra
Pradesh. With an annual production capacity of 15,000 metric tonnes (MT), the
facility was virtually inaugurated by Hon’ble Prime Minister Shri. Narendra
Modi in the presence of Shri. Jagat Prakash Nadda (Union Minister of Chemicals
& Fertilizers, Health & Family Welfare), Dr. Mansukh Mandaviya (Union
Minister of Labour & Employment, Youth Affairs & Sports), Smt. Anupriya
Patel (Union MoS Chemicals & Fertilizers, Health & Family Welfare),
Shri. Prataprao Jadhav (Union MoS (IC) Ayush, MoS Health & Family Welfare)
and Sushri Shobha Karandlaje (Union MoS Labour & Employment, Micro, Small
& Medium Enterprises).
This facility represents a strategic investment of
₹2,500 crores, under the Government of India’s PLI Scheme, and exemplifies how
private sector participation can significantly contribute to national growth,
drive innovation, and enhance healthcare security. The PLI scheme for the
pharmaceutical sector aims to strengthen domestic manufacturing capabilities in
critical KSMs, DIs, and APIs.
Commenting on the occasion, Mr. M.V. Rama Krishna,
Director Lyfius Pharma, said “The launch of our Pen- G facility is a
significant milestone in our efforts to enhance local production and reduce
import dependency for critical pharmaceutical ingredients. This investment
underscores our commitment to support the government’s vision of ‘Atmanirbhar
Bharat’, establishing India as a global pharmaceutical manufacturing hub.”
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