Sigachi Industries to Invest $1 Million in New Hyderabad R&D Facility

Sigachi Industries Ltd, a leading manufacturer of microcrystalline cellulose, has announced plans to invest up to $1 million (approximately ₹83 crore) in establishing a new research and development facility in Hyderabad. This strategic move aims to bolster the company's innovation capabilities and expand its product portfolio in the pharmaceutical excipients and specialty chemicals sectors. The state-of-the-art R&D center will focus on developing novel formulations and improving existing products to meet evolving industry demands. This investment underscores Sigachi's commitment to technological advancement and positions the company for sustained growth in the competitive global market.

Source: Sigachi Industries Ltd Corporate Announcement, February 2025