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Ujjain Secures ₹1000 Crore Mega Investment, MP Poised to Become New Pharma Hub with 2000 Jobs
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Ujjain Secures ₹1000 Cr Pharma Investment, 2000 Jobs; MP Aims for New Hub
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News18
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08-03-2026, 15:48
Ujjain Secures ₹1000 Cr Pharma Investment, 2000 Jobs; MP Aims for New Hub
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Ujjain's Vikram Udyogpuri Phase-2 attracts ₹1000 crore investment, positioning MP as a new pharma hub.
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Alkem Laboratories Limited to establish a state-of-the-art unit on 30 acres, creating 2000 direct jobs.
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The project is a key part of the Delhi-Mumbai Industrial Corridor (DMIC), enhancing connectivity and logistics.
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₹455 crore allocated for infrastructure development in Phase-2, covering 382 hectares for industrial use.
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Builds on the success of Phase-1, which already hosts major companies like PepsiCo, Amul, and Volvo-Eicher.
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