EYSYS Pharmaceuticals Signs ₹200-Crore Investment MoU at TN Rising Global Investors Meet
EYSYS Pharmaceuticals Private Limited has signed an investment memorandum worth ₹200 crore at the TN Rising Global Investors Meet organized by the Tamil Nadu Government in Coimbatore.
The Memorandum of Understanding (MoU) was formally handed over by Chairman and CEO R. Ratheesh and Executive Director Deepak Kumar M to the Managing Director and Chief Executive Officer of Guidance Tamil Nadu.
According to the company, the investment will be utilised to establish a new manufacturing plant or expand existing operations in Tamil Nadu, further strengthening its presence in the pharmaceutical sector.
The ceremony was held in the presence of Tamil Nadu Chief Minister M. K. Stalin and Industries Minister T. R. B. Raja, who attended the event along with other key officials and industry leaders.
EYSYS Pharmaceuticals stated that the new investment is expected to generate employment opportunities and contribute to the state’s industrial growth.