Updated: Mar 15, 2019
Today, March 14, ACG Capsules, an Indian pharmaceutical company that is already present in the Brazilian market, inaugurated its new plant in Pouso Alegre, Minas Gerais. An investment of R $ 350 million, with the possibility of opening up to 500 new jobs in the city. This ACG factory is the most modern in the world in the manufacture of medicine capsules and the largest in Latin America, and will export not only to the neighboring countries but to all the countries of the world, becoming a world reference in the manufacture of capsules.
In the photo, there is for the inauguration the Consul General A.H. of India in Minas Gerais, Mr. Élson Gomes; the President of the Chamber of Commerce India Brazil and Consul General A.H. of India in Rio de Janeiro, Mr. Leonardo Ananda; Mr. Fernando Teixeira, General Director of the Plant; Mr. Noronha, CEO of ACG Brazil; Mr. Karan Singh, Managing Director of ACG World; and Ms. Marilda Moraes, Founder and CEO of MOBDOC.
The India Brazil Chamber of Commerce congratulates the ACG for this achievement and is proud to have it as a strong partner.
"If all the Capsules we make every week are positioned from one end to another, they would circulate the world" ACG Capsules.
It is worth remembering that the Indian pharmaceutical sector is the largest producer of generic drugs in the world, being responsible for supplying 40% of the US market demand and 25% of the total market demand in the United Kingdom. In addition, India is also responsible for supplying 50% of the world's demand for vaccines. The industry was valued at $ 33 billion in 2017 and will reach $ 55 billion by 2020. Pharmaceutical exports include medicines, intermediates, drug formulations, biologicals, Ayush and plant-based and surgical products.