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The construction of the facility will start by November 2011 and is expected to be completed by late 2012. The facility, which will have CAPEX of over $20 million, is expected to start production by January 2013.
Mr Krishna Prasad, Managing Director, Granules India Ltd said that Granules-Omnichem Pvt Ltd will offer a diversified contract manufacturing platform for its existing and future customers.
The commercialization of the plant may commence in 2015 with a capacity of 3 lakh litres per year.