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Natco Pharma on Friday said it is foraying into the agrichemical space and initiated work on its greenfield manufacturing facilities for producing niche products in that area in Nellore, Andhra Pradesh. The facility will manufacture both agrichemical technical and formulation products and the company expects it to be commissioned by end-2019 with a total capital expenditure of ₹100 crore. Shareholders of Natco Pharma will closely monitor the development.
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