Andhra Pradesh allots 531.77 acres of land to Laurus Labs
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Andhra Pradesh: Laurus Labs has received a major boost for its expansion plans with the Government of Andhra Pradesh allotting 531.77 acres of land to the company in the IP Rambilli Phase-II of Anakapalli District.
The land will be used to establish the Laurus Pharma Zone (LPZ), which will house manufacturing units for pharmaceutical products.
"The Government of Andhra Pradesh has issued G.O.Ms.No.136 dated July 27, 2025 to this extent for allotment of land to the Company," Laurus stated in a BSE filing.
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