Former promoters of Zandu Pharmaceuticals, the Parekh family, are back after a 5-year hiatus to invest Rs 150 crore in a nutraceutical facility in Gujarat. The production will start by January and would have an annual capacity of 250 crore tablets, 60 crore capsules and 200 crore softgel capsules.
Ahmedabad-based Parekh family co-founded the 100-year-old Ayurveda company along with the Vaidya family.
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