Buy custom Supply Chain Management At Nicholas Piramal India
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| Topic: |
Business
|
| Number of pages / Number of words: |
6 / 1615 |
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SCM has played a crucial part in this transition.
Since its decision in 2003 to enter the contract manufacturing business, NPIL has invested
close to $175 million (Rs 806 crore) towards creating capacity in the segment. The company
has spent about $100m on greenfield projects in India, and paid up around $25m and $50m
towards the acquisition of Avecia and Pfizer’s Morepeth facilities, respectively...
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The facility comes with a five -
year supply contract that could yield revenues of $350 million (Rs 1610 crore) during the
tenure. The domestic company also expects to tie up with new customers. Morepeth’s base in
Western Europe could enhance its appeal with other global pharmaceutical companies who
may be more comfortable about sourcing from a UK-based plant...
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