
Lords Mark Industries Expands IVD Manufacturing Capacity
Lords Mark Industries Limited has operationalized a new state-of-the-art In Vitro Diagnostics (IVD) manufacturing facility in Vasai, Maharashtra, approximately 14,000 sq. ft. This facility is operational two months ahead of its August 2026 schedule, increasing the company's total manufacturing footprint to 34,000 sq. ft. The new unit will produce 56 ELISA test kits and a new range of rapid diagnostic test kits, aiming to enhance production capabilities, improve efficiency, and meet market demand. The R&D division is dedicated to Late Shri Ratan Tata, focusing on molecular biology and genetic science. Future plans include a third facility for early cancer detection research, named in honor of Late Dr. A.P.J. Abdul Kalam, expected by January 2029. The company also envisions establishing one of the world's largest AI-enabled medical device manufacturing facilities in India.
Key Highlights
- New IVD manufacturing facility operational ahead of schedule.
- Total manufacturing footprint increased to 34,000 sq. ft.
- Will manufacture ELISA and rapid diagnostic test kits.
- R&D division dedicated to Late Shri Ratan Tata.
- Future facility planned for early cancer detection research.
Price Impact
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