February 2020 \ Business & Investment \ Business & Governance
Sami Sabinsa to invest Rs 200 crore in new Hassan plant

Health science and nutraceuticals company Sami ...

Health science and nutraceuticals company Sami Sabinsa Group will set up a new manufacturing plant at Hassan with an investment of Rs 200 crore.

“The new unit when operational will play a pivotal role in boosting our exports further. The first phase, once functional in 2021, will provide employment to around 400 qualified workforce,” Sami Sabinsa Group chairman said in a statement. Coming up at the pharma special economic zone in Hassan, the first phase of the plant will house a 40,000 square metre active nutraceutical ingredient (ANI) manufacturing unit with an annual capacity of 300 tonnes. The Hassan plant will be Sami Sabinsa’s sixth manufacturing facility, joining other units in places such as Peenya, Dobaspet, Kunigal, Hyderabad, Nelamangla and the US.