Alkem Laboratories has announced a significant upward revision in its planned capital expenditure for its upcoming manufacturing facility in Ujjain, Madhya Pradesh. The company has increased its total investment commitment from INR 533 crores to INR 1036 crores. This greenfield formulations project, situated on a 30-acre plot, is part of a phased strategic expansion to strengthen the company’s manufacturing footprint.
Increased Capital Commitment
Following the initial announcement on March 18, 2026, regarding the acquisition of 30 acres of land in the DMIC Vikram Udyogpuri Limited industrial area, Alkem Laboratories has decided to scale up its infrastructure investment. In a board meeting held on April 2, 2026, the directors approved an increase in the investment outlay to INR 1036 crores, nearly doubling the initial INR 533 crore proposal.
Strategic Growth in Ujjain
The facility is designed as a greenfield site focused on the production of formulations. By executing this project in a phased manner, the company aims to optimize its manufacturing capabilities and meet growing market demand. This substantial increase in investment reflects a long-term commitment to enhancing production capacity in the region of Madhya Pradesh.
Source: BSE
