CM Chandrababu Naidu government allots land to Laurus Labs Ltd
Laurus Labs secured 531.77 acres in Anakapalli District, Andhra Pradesh, for its Laurus Pharma Zone (LPZ). This land, allotted by state government led by Chief Minister Chandrababu Naidu, will facilitate new pharmaceutical manufacturing units with a projected investment of ₹5,630 crore. The project aims to create 6,350 jobs over eight years, a significant boost amidst recent tech layoffs.