# HMD to invest over ₹100 crore to expand syringe production capacity

Hindustan Syringes and Medical Devices (HMD) will invest over ₹100 crore to expand its syringe production capacity from 2.5 billion to over 3 billion syringes per annum by the next quarter.

- Type: Expansion
- Announced: 2021-04-04
- Where: India
- Value: $13.5M (100.0M INR)
- Starts operating: Q3 2021
- Status: announced
- Capacity: 3 billion syringes per annum
- Products: syringes, auto-disable syringes
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Hindustan Syringes and Medical Devices](https://endata.com/companies/51474.md)

## Sources

- [health.economictimes.indiatimes.com](https://health.economictimes.indiatimes.com/news/pharma/hindustan-syringes-and-medical-devices-hmdto-invest-over-100-crore-to-ramp-up-syringe-production/81899349), 2021-04-04: "Our current production capacity is over 2.7 billion syringes per annum of disposable and auto-disable syringes are approximately 90 lakhs daily."
- [medicaldialogues.in](https://medicaldialogues.in/news/industry/pharma/hindustan-syringes-and-medical-devices-to-invest-over-rs-100-crore-to-expand-syringe-production-76246), 2021-04-05: "We are investing over Rs 100 crore to ramp up capacity from 2.5 billion syringes to over 3 billion by next quarter."

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