The Industry Insights
  • HOME
  • Healthcare
  • E-MAGAZINE
  • INDUSTRY
    • FINANCE
    • TECHNOLOGY
    • HEALTHCARE
    • REAL ESTATE
    • Construction
    • Manufacturing
    • Education
  • Women
  • Awards & NOMINATION
  • ABOUT us
  • BLOGS
  • Subscribe
The Industry Insights
No Result
View All Result

Home » AstraZeneca India to Sell North Bengaluru Unit for ₹3,200 Crore

AstraZeneca India to Sell North Bengaluru Unit for ₹3,200 Crore

IMAGE OF AstraZeneca

AstraZeneca Pharma India has announced plans to sell its 64-acre production facility in North Bengaluru. This decision aligns with a broader strategic review of the company’s global manufacturing and supply network, undertaken by its UK-based parent company, AstraZeneca.

The review aims to optimize the company’s global production footprint by streamlining operations and reallocating resources to enhance efficiency and innovation. The North Bengaluru facility, which has been a key part of AstraZeneca India’s manufacturing ecosystem, is now being evaluated for sale as part of this restructuring effort.

While the pharmaceutical giant remains committed to India, this move signals a shift in its operational strategy, focusing on agile and cost-effective supply chain management. Industry experts believe the sale could attract significant interest from domestic and international pharmaceutical players, given the facility’s prime location and infrastructure.

AstraZeneca India has yet to disclose further details about the timeline and potential buyers for the facility. However, this step is expected to align with the company’s long-term vision of reinforcing its global production network while ensuring continued access to high-quality medicines in India and beyond.

Related Posts

Indian Patent Office Revokes Novartis’ Cardiac Drug Vymada Patent

Indian Patent Office Revokes Novartis’ Cardiac Drug Vymada Patent

In a landmark decision that could significantly impact the cardiac drug market in India, the Indian Patent Office (IPO) has revoked the patent for Novartis’ blockbuster heart failure medication, Vymada. The ruling,...

SpiceJet to Add 25 Aircraft, Triple Daily Flights to 280 for Winter 2025 Surge

SpiceJet to Add 25 Aircraft, Triple Daily Flights to 280 for Winter 2025 Surge

SpiceJet has outlined an aggressive winter expansion starting October, traditionally the busiest travel season in India. The budget carrier plans to induct 25 additional aircraft and nearly triple its daily operations to...

FMCG Giants Halt Operations in Nepal Amid Protests

FMCG Giants Halt Operations in Nepal Amid Widespread Protests

Leading Indian fast-moving consumer goods (FMCG) companies have suspended their operations in Nepal following rising civil unrest and violent youth-led protests across the country. Several ongoing and upcoming projects have also been...

IndiGo Flights to Kathmandu Resume as Nepal Returns to Normal

IndiGo Flights to Kathmandu Resume Amid Nepal’s Political Turmoil

After two days marked by severe political turmoil and uncertainty in Nepal, IndiGo has declared it will restart regular flights to Kathmandu beginning Thursday, as confirmed in an official statement. The airline...

Discussion about this post

The Industry Insights

Industry Insights Magazine delivers expert analysis, trends, and startup stories across sectors like Finance, Healthcare, Manufacturing, and Real Estate. With curated interviews, case studies, and reports, we empower professionals and entrepreneurs with actionable insights, helping them navigate change, discover opportunities, and lead confidently in today’s dynamic business landscape.

Get in Touch

Editorial & Content Contribution:

editor@tiimagazine.com

Subscription:

subscription@tiimagazine.com

Content Us:

7760096882

Advertisement:

augustin@tiimagazine.com

Tags

Adani Green's stock Adani shares Dr. Vincy Ashok Tribhuvan Edtech Geriatrics Orthopedics PHYSICAL THERAPY Prince of Persia: The Lost Crown PS5 Games to Play shares crash up Skull and Bones Suicide Squad: Kill the Justice League Tekken 8 Top 5 PS5 Games Top 10 Edtech Companies Top Edtech Companies Top Edtech Companies in India TYPES OF PHYSICAL THERAPY YOGA AND PHYSICAL THERAPY

Copyright © 2020. All rights reserved.

No Result
View All Result
  • HOME
  • Healthcare
  • E-MAGAZINE
  • INDUSTRY
    • FINANCE
    • TECHNOLOGY
    • HEALTHCARE
    • REAL ESTATE
    • Construction
    • Manufacturing
    • Education
  • Women
  • Awards & NOMINATION
  • ABOUT us
  • BLOGS
  • Subscribe

Copyright © 2020. All rights reserved.