Dubai: Himalaya Wellness has started construction on its advanced herbal pharmaceutical factory, with funding from the Emirates Development Bank (EDB), a crucial financial partner in the UAE’s economic and industrial progress.
The factory will produce tablets, capsules, liquid orals, and ointments at Dubai Industrial City, the region’s leading manufacturing and logistics district, marking an expansion of the global pharmaceutical company’s footprint within TECOM Group PJSC’s ecosystem in Dubai.
Phase one of the factory will be delivered across a built-up area of 225,000 sq. ft., creating job opportunities for 250 professionals. Worth $54.4 million, the plant will have an annual production capacity of 3 billion tablets, 15 million syrup bottles, and 3 million units of ointment, with the facility’s capacity being set up to serve global volumes till 2030.
The Himalaya Wellness factory will be built in compliance with the European Medicine Agency’s GMP guidelines and World Health Organization and United States Food and Drug Administration standards and meet the local Ministry of Health and Prevention’s regulations.
The groundbreaking ceremony was attended by high-level dignitaries and senior officials.
The Himalaya Wellness factory will work closely with the Dubai Science Park Centre, allowing Himalaya’s talent at both locations to collaborate in new by-product development, product stability, scale-up activities, and technology transfer.
Mr. Ahmed Mohamed Al Naqbi, Chief Executive Officer of Emirates Development Bank, stated that, “We are proud to commemorate the groundbreaking of Himalya Wellness’ new factory in Dubai Industrial City. EDB’s support will facilitate the establishment of a world-class manufacturing facility, marking Himalaya’s inaugural plant beyond India posed to meet global demand.
“As the UAE’s development bank, the financing of the new Himalaya Wellness factory is in alignment with our strategic focus of supporting sustainable economic diversification and promoting the UAE’s export activities. This project is prime example of the success of the UAE’s government’s ‘Make it in the Emirates’ initiative to support businesses looking to benefit from the country’s exceptional value proposition as a global hub for technology-driven manufacturing,” Mr. Al Naqbi further added.