3 pharma units ayed in state

The state government has ayed proposals for setting up three pharmaceutical units with an investment of Rs 275 crore in special economic zones at Indore and Gwalior. The Glenmark group would establish two units - Rs 175 cr - while Teva API India group would set up one over 29 hectares at Gwalior. The latter unit's products would be exported only and the group has three such pharma units in neighbouring Uttar Pradesh, sources said today.