Jubilant Life Sciences' new state-of-the-art facility at Special Economic Zone (SEZ) in Bharuch district, Gujarat was inaugurated by Narendra Modi, Hon’ble Chief Minister of Gujarat. The SEZ facility, with an investment of over Rs.500 crore, is spread over 300 acre in Vilayat Industrial Estate, Bharuch. The company signed MoU with the Government of Gujarat during the “Vibrant Gujarat” Conference in 2007.
Commenting on the inauguration of the Jubilant SEZ, the Hon’ble Chief Minister , Narendra Modi , said “Jubilant has engaged with Gujarat for many years and now with their contribution of this SEZ to the development of the state, it only makes the bond stronger. Pharmaceutical sector requires constant innovation and Jubilant contributes substantial resources to research. I want to congratulate Jubilant Bhartia Group for giving significance to research. The Government of Gujarat has taken initiatives to build a world class innovation centre in Gujarat and we welcome any young entrepreneurs who want to contribute to future generations through research.”
Commenting on the development, Shyam S Bhartia, chairman & managing director and Hari S Bhartia, co-chairman & managing director, said, “We are setting up global size world class manufacturing facilities in Gujarat to fulfil our vision of leadership position in chosen areas of business. Gujarat being the natural choice to set up this facility, we are thankful to the State Government under the leadership of the Hon’ble Chief Minister, for their constant encouragement, guidance and support. The facilities are fully integrated, starting from the basic feedstock to environment friendly finished products will also have a positive social and economic impact through building up local capabilities and providing employment opportunities.”
The global scale plants of vitamin B3 and 3-cyanopyridine, at SEZ make Jubilant the largest producer of Vitamin B3 in India and second largest globally. The company is also setting up a manufacturing plant at SEZ for Symtet, a crop science ingredient for one of the world’s largest and safest low cost insecticide through an environment friendly process. This will make Jubilant the world’s largest producer of the crop science ingredient for the insecticide through green route. These facilities will generate exports of about Rs.1000 crore at full capacity.