Alkem Labs hikes Ujjain plant investment to ₹1,036 crore
Alkem Laboratories has increased its investment for a new manufacturing facility in Ujjain, Madhya Pradesh. The total investment has been revised upwards to ₹1,036 crore from the earlier ₹533 crore. The facility will be set up on approximately 30 acres of land.
The increased capital expenditure for a new manufacturing unit is a significant development for the company's future capacity and operations, impacting its long-term growth prospects.
The company has announced a significant increase in investment for a new manufacturing facility, indicating expansion and growth, which is generally viewed positively.
Alkem Laboratories Limited announced today, April 2nd, 2026, an increase in its investment for setting up a greenfield formulations manufacturing facility in Ujjain, Madhya Pradesh. The Board of Directors approved an enhanced investment of up to ₹1,036 crore, an increase from the previously approved amount of up to ₹533 crore.
This facility will be established on approximately 30 acres of land allotted in the Industrial Area DMIC Vikram Udyogpuri Limited, Phase – 2, Ujjain. The investment will be made in a phased manner.
This disclosure follows an earlier intimation on March 18th, 2026, regarding the allotment letter received for the land and the initial Board approval for the investment.
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