Zeon Lifesciences plans India expansion
16 May 2022 | News
Eyes Rs 300 Cr turnover in FY 22-23
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Noida-based Zeon Lifesciences having its facility in Paonta Sahib in Himachal Pradesh is looking for expansion plans and is currently in the process to look for a suitable location for the same. The company is in talks with US-based clients.
The company also aims to establish collaboration for academic interaction and advancement of research in specified fields and to conduct research along with sharing facilities. The company has recently signed an MoU with University of Petroleum and Energy Studies (UPES) Dehradun for research related works in nutraceuticals, phytopharmaceuticals and AYUSH.
According to Suresh Garg, Founder and MD, Zeon Lifesciences, the company has registered a turnover of Rs 230 crore in 2021-22 and there are expectations of Rs 300-crore turnover in FY 22-23.
Sanjiv Das
sanjiv.das@mmactiv.com
