Anakapalli (Andhra Pradesh), Feb. 28 -- Andhra Minister for IT Nara Lokesh laid the foundation stone for a Rs 2,300 crore manufacturing unit of Blue Jet Healthcare Private Limited at Seethapalem in Rambilli mandal of in the district on Saturday. The project will come up in the Special Economic Zone (SEZ) spread across Achyutapuram and Rambilli mandals.
The state government has allotted 102.48 acres for the facility, which will be developed in three phases.
The proposed unit will manufacture pharmaceutical intermediates and operate as a Contract Development and Manufacturing Organisation (CDMO).
The project is expected to generate employment for around 1,750 people.
Speaking on the occasion, Lokesh said Andhra Pradesh is witnessing incre...