Archive · 9 Nov 2025
Laurus Labs to Invest Over ₹5000 Crore in Visakhapatnam Pharma Complex
A company named Laurus Labs is building a big new factory in Visakhapatnam, India.
They plan to spend over 5000 crore rupees, which is about $600 million.
This factory will make important medicines and will be built on 532 acres of land.
They are also building a large facility for fermentation, which is a process used in making medicines.
Originally, they planned to build this fermentation part in a different city called Mysore.
However, they decided to move it to Visakhapatnam because the infrastructure and waste treatment facilities are better there.
The company might even invest more money if needed.
The building process is expected to take about eight years.
Laurus Labs will invest over ₹5,000 crore to establish a state-of-the-art pharmaceutical manufacturing complex in Visakhapatnam.
The company has secured 532 acres of land from the Andhra Pradesh government in Visakhapatnam.
The initial investment is approximately $600 million over eight years, with potential for further investment.
A large fermentation capacity is being fast-tracked in Visakhapatnam, a shift from previous plans in Mysore.
The relocation to Visakhapatnam was due to its superior infrastructure and waste treatment facilities compared to Mysore.
- Who
- Laurus Labs
- What
- Establishing a state-of-the-art pharmaceutical manufacturing complex, including a large fermentation capacity.
- When
- Investment to occur over 8 years, with construction underway as of November 9, 2025.
- Where
- Visakhapatnam, Andhra Pradesh.
- Why
- To create a world-class pharmaceutical manufacturing complex and leverage better infrastructure and waste treatment facilities in Visakhapatnam, shifting from previous plans in Mysore.
Original Plan
Revised Plan
Location of Fermentation Capacity
Original Plan
Previously planned to be located in Mysore.
Revised Plan
Being fast-tracked for construction in Visakhapatnam.
Reason for Change
Original Plan
Waste treatment facilities were not yet ready in Mysore.
Revised Plan
Visakhapatnam offers better infrastructure and waste treatment facilities.
- Company
- Laurus Labs
- Project Type
- Pharmaceutical manufacturing complex
- Location
- Visakhapatnam, Andhra Pradesh
- Land Allotted
- 532 acres
- Estimated Investment
- Over ₹5,000 crore (approx. $600 million)
- Investment Period
- Over 8 years
- Key Component
- Large fermentation capacity