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India’s Investments in Bangladesh
- 27 May 2024
On May 25th, 2024, Commissioner of India in Bangladesh and Investment Adviser of Bangladesh Prime Minister jointly inaugurated a second plant of India’s pharmaceutical company, Sun Pharma, near Dhaka with a production capacity of over 1 billion tablets and capsules per year.
Key Points
- The new investment is a part of the growing economic and industrial engagement between India and Bangladesh.
- India is a credible partner in the growth story of Bangladesh’s Pharmaceutical Industry meeting about 30% of the Active Pharmaceutical Ingredients (API) demand of Bangladesh.
- Sun Pharma is the world's fourth-largest specialty generic pharmaceutical company, operating in over 100 countries.
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