Lyfius Pharma proudly announces the inauguration of its cutting-edge Pen-G manufacturing facility in Kakinada, Andhra Pradesh, with an impressive annual production capacity of 15,000 metric tonnes (MT). This facility was inaugurated virtually by Hon’ble Prime Minister Shri Narendra Modi, in the presence of key dignitaries including Shri Jagat Prakash Nadda (Union Minister of Chemicals & Fertilizers, Health & Family Welfare), Dr. Mansukh Mandaviya (Union Minister of Labour & Employment, Youth Affairs & Sports), Smt. Anupriya Patel (Union MoS Chemicals & Fertilizers, Health & Family Welfare), Shri Prataprao Jadhav (Union MoS (IC) Ayush, MoS Health & Family Welfare), and Sushri Shobha Karandlaje (Union MoS Labour & Employment, Micro, Small & Medium Enterprises).
As per the press release, this facility represents a strategic ₹2,500 crore investment under the Government of India’s PLI Scheme and exemplifies the impact of private sector contributions in driving national growth, fostering innovation, and strengthening healthcare security. The PLI scheme for the pharmaceutical sector aims to boost domestic production capabilities for essential KSMs, DIs, and APIs.
Speaking on this milestone, Mr. M.V. Rama Krishna, Director of Lyfius Pharma, stated, “The launch of our Pen-G facility is a major step in enhancing local production and reducing reliance on imports for essential pharmaceutical ingredients. This investment reflects our dedication to supporting the government’s vision of ‘Atmanirbhar Bharat,’ positioning India as a global leader in pharmaceutical manufacturing.”