Johnson & Johnson Sells Its Largest India Plant As Demand Weakens

In 2016, J&J's manufacturing facility, which spans 55.27 acres, was completed. It produced a variety of consumer health goods. However, now Johnson & Johnson is selling its largest India plant as demand weakens.

Johnson & Johnson (J&J), which is experiencing a decline in demand for its household goods in India, has sold its largest manufacturing unit in the nation, located in Penjerla, Telangana, to Hetero on a slump sale basis.

The sale's financial specifics were kept...

Subscribe to view this content.

 
Do you have a tip or sensitive material to share with GGI? Are you a journalist, researcher or independent blogger and want to write for us? You can reach us at [email protected].