Ipca Laboratories' new formulations (tablets and capsules) manufacturing unit near Dehradun in the sate of Uttaranchal set up at a capital outlay of about Rs 160 million has started commercial production from May 05, 2006. This manufacturing unit will mainly cater to the growing formulations requirement of the company's business, said the release.
This manufacturing unit will enjoy the fiscal benefits in the form of Central Excise exemption and Income Tax benefits under relevant Acts as applicable under Industrial policies of the Central and State Government.