Beauty and wellness firm VLCC Health Care has announced that it will set up manufacturing facility in Assam. The company will invest Rs 28.13 Crore in the facility which will produce skin care, hair care and body care products.
VLCC has one manufacturing facility in Uttrakhand. VLCC Founder, Vandana Luthra who was in Guwahati said, “The installed capacity of the unit will be 86.41 million units per annum. The facility will spread in 100,000 square feet area.” She added, “We are expecting to start production by March 2017.” VLCC has received capital markets regulator Sebi’s nod for initial public offer (IPO).