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This pharma city foundation stone was laid by Y. S. Rajasekhara Reddy, then Chief Minister of Andhra Pradesh. [2] It is a pharma product SEZ and Andhra Pradesh State largest Pharma SEZ spread over 2143 acres.
Laurus Bio is the company's biotechnology subsidiary. Laurus Labs entered the biotechnology sector in 2020, by acquiring the Indian biotech company, Richcore. [20] Post the acquisition, Richcore was renamed to Laurus Bio Pvt Ltd, and became a subsidiary of Laurus Labs. [20]
Andhra Pradesh MedTech Zone (AMTZ) is the medical technology park with Common Manufacturing Facilities & Common Scientific Facilities located in Nadupuru village area of Visakhapatnam, adjacent to the Visakhapatnam Steel Plant. The AMTZ is spread over an area of 270 acres and it has over 10 manufacturing units.
The Visakhapatnam Steel Plant is only 10 km from the locality. The locality also houses many small-scale engineering work companies such as Sri Lakshmi Sai Engg, Works, Beekay Structural Steels, Vesuvius India Limited, and Jami Hydraulics Pvt. Ltd. The Visakhapatnam Special Economic Zone can be reached within 3 km.
Burewala Textile Mills, acquired in 1957 from Pakistan Industrial Development Corporation and later merged into Dawood Lawrencepur Limited in 2004 [6] [7] Central Insurance Company, now known as Cyan Limited [8] [9] Dawood Mines, it was established with a paid-up capital of Rs. 0.5 million and was involved in coal mining [10] [11]
Visakhapatnam (/ v ɪ ˌ s ɑː k ə ˈ p ʌ t n ə m /; formerly known as Vizagapatam, [16] and also referred to as Vizag, Visakha, and Waltair) [1] [17] [18] is the largest and most populous metropolitan city in the Indian state of Andhra Pradesh. [19] It is between the Eastern Ghats and the coast of the Bay of Bengal.
Visakhapatnam is a city of South Indian State of Andhra Pradesh. old MCV is considered as the central part of city, East and Some Western Parts of city. Visakhapatnam city divided as North, South, central, East, West and suburbs of Northern, Southern and Western. [1] [2]
Aganampudi is one of the important suburbs in Visakhapatnam with many industries and engineering colleges situated there. [2] Gajuwaka RTO office is located in this area. This area sits adjacent to the township of Visakhapatnam steel plant.