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First of all, congratulations on a good set of numbers. A couple of questions. I just need some clarification on capex. See, earlier, INR5,000 crores capex was on our existing land bank. Now with this 532 acres of land, which we got and where we put $600 million of investment over the next 8 years, is it over and above our existing plan, or total, we should consider INR5,400 crores or INR5,500 crores over 8 years?
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Will be INR8,000 crores, right?
Read in transcript -
And see, right now, our CDMO run rate is almost INR500 crores a quarter. I just wanted to get some colour on what kind of current capacity that can take us up to what level of CDMO sales, some perspective on that? And also on this additional investment, can we consider at least 60% to 70% of this incremental investments will be towards CDMO?
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Manoj Bahety
Laurus Labs Limited
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First of all, congratulations on a good set of numbers. A couple of questions. I just need some clarification on capex. See, earlier, INR5,000 crores capex was on our existing land bank. Now with this 532 acres of land, which we got and where we put $600 million of investment over the next 8 years, is it over and above our existing plan, or total, we should consider INR5,400 crores or INR5,500 crores over 8 years?
Read in transcript -
Will be INR8,000 crores, right?
Read in transcript -
And see, right now, our CDMO run rate is almost INR500 crores a quarter. I just wanted to get some colour on what kind of current capacity that can take us up to what level of CDMO sales, some perspective on that? And also on this additional investment, can we consider at least 60% to 70% of this incremental investments will be towards CDMO?
Read in transcript