# Meril Group invests ₹910 crore in new medical device plants in Vapi, India

Meril Group is investing ₹910 crore in 2024-25 to set up new manufacturing plants in Vapi, Gujarat, for Meril Healthcare, Micro Life Sciences, and Meril Life Sciences, producing stents, valves, orthopaedic implants, and therapeutic implants.

- Type: Investment
- Announced: 2024-02-15
- Where: Vapi, Gujarat, India
- Value: $109.0M (9.10B INR)
- Status: announced
- Products: stents, valves, orthopaedic implants, therapeutic implants
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Meril Group](https://endata.com/companies/75329.md)
- [Meril Healthcare Pvt Ltd](https://endata.com/companies/75330.md) (partner)
- [Meril Life Sciences Private Limited](https://endata.com/companies/75332.md) (partner)
- [Micro Life Sciences](https://endata.com/companies/75672.md) (partner)

## Sources

- [business-standard.com](https://www.business-standard.com/companies/news/meril-life-sciences-eyes-5-fold-revenue-growth-over-the-next-5-years-124021501607_1.html), 2024-02-15: "Meril Group is also investing Rs 910 crore in 2024-25. This investment includes setting up new plants in Vapi, Gujarat for Meril Healthcare, Micro Life Sciences, and Meril Life Sciences."

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