# Ascent Meditech to invest Rs 100 crore in greenfield Gujarat plant

Ascent Meditech plans to invest Rs 100 crore in a greenfield manufacturing plant in South Gujarat, expected to become operational in May 2020, increasing capacity from 40,000 to 140,000 units per day.

- Type: New facility
- Announced: 2020-01-14
- Where: South Gujarat, India
- Value: $14.0M (1.00B INR)
- Starts operating: May 2020
- Status: announced
- Capacity: 140,000 units per day
- Products: consumer health products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Ascent Meditech](https://endata.com/companies/37412.md)

## Sources

- [medicalbuyer.co.in](https://medicalbuyer.co.in/ascent-meditech-to-invest-rs-100-crore-in-greenfield-gujarat-plant/), 2020-01-14: "We are not only investing in augmenting our manufacturing capacity, but also integrating modern technology in our products."
- [projectstoday.com](https://www.projectstoday.com/News/Ascent-Meditech-to-pump-Rs-100-cr-in-greenfield-manufacturing-plant), 2020-01-15: "Ascent Meditech has planned to make an investment of Rs 100 crore in a greenfield manufacturing plant in South Gujarat."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.