IOL Chemicals & pharma eyes expansion

IOL Chemicals and Pharmaceuticals is buzzing in trade, up 10% in the last two weeks. Vijay Garg, Joint MD of the company talks about the latest happenings in the company and gave his outlook for the future.

He said that expansion is already under plan, debottlenecking is underway and within three months’ time the company will increase capacity by another 2,000 tonne.