Sai Life Sciences Expands R&D Capabilities with New Hyderabad Facility
Sai Life Sciences to Expand R&D Capabilities with New Facility in Hyderabad
Sai Life Sciences Limited has announced plans to enhance its R&D capabilities by establishing a new research and development facility in Shamirpet, Hyderabad.
Key Highlights of the Expansion
- Location: The new facility will be situated in Shamirpet, Hyderabad, augmenting the existing Unit II Hyderabad facility.
- Land Lease: The company has secured 1.21 acres of land, including existing building structures, through a long-term lease agreement.
- Purpose: The facility aims to bolster the company’s R&D infrastructure, supporting future growth.
- Investment: The project requires an initial investment of Rs. 15 crore, funded entirely through internal accruals.
- Timeline: Partial operations are projected to commence in Q4 of FY 2025-26.
This expansion underscores Sai Life Sciences’ commitment to strengthening its research capabilities, paving the way for innovation and long-term growth.