# HMD invests additional INR 100 crore in 2021-22

HMD is making a second round of investment of INR 100 crore (approx. USD 13 million) in 2021-22 to ramp up syringe capacity, aiming to reach 1.5 billion AD syringes per year by March 2022.

- Type: Investment
- Announced: 2022-01-25
- Where: Faridabad, Haryana, India
- Value: $13.0M (1.00B INR)
- Starts operating: Mar 2022
- Status: announced
- Capacity: 1.5 billion AD syringes per year
- Products: auto-disposable syringes
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [HMD](https://endata.com/companies/60574.md)

## Sources

- [medicalbuyer.co.in](https://medicalbuyer.co.in/hmds-plans-for-2022/), 2022-01-25: "A similar second round of investment of another ₹100 crore is being done in 2021–22."

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