Hyderabad, Oct 26 (IANS) Indian Immunologicals Limited (IIL), a leading biologicals company, has set up a new facility with an investment of Rs.250 crore near here and is set to become India's largest producer of animal health formulations.
The state-of-the-art facility at Karkapatla in Ranga Reddy district, which has commenced operations, will manufacture vaccines against infectious diseases of humans and animal health formulations catering to domestic as well as international markets.
Spread over 47 acres at Karkapatla is IIL's second manufacturing unit in Hyderabad and will significantly expand the company's manufacturing capabilities.
The IIL had developed this facility considering the growing demand for the next 10 years for human vaccines and animal health formulations.
The first phase of human vaccine facility has the capacity to produce eight million doses of human rabies vaccine. The animal health formulation facility is equipped to produce an estimated capacity of 300 million tablets, 100 million bolus, and 20 million vials of injectables.
With the new addition, IIL has five manufacturing facilities at various locations.
Its anti rabies production unit is located at Ooty, cattle feed unit at Rajkot, biological unit at Gachibowli, Hyderabad and serum manufacturing unit in New Zealand.
"The facility will strengthen IIL's position in the industry and will immensely increase our manufacturing capabilities. We are expecting this plant to play a key role in manufacturing top quality vaccines with the most recent German technology," said deputy managing director K. Anand Kumar.